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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Turn key restaurants
8911 Yates St Westminster, CO 80031-7529
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-2445573
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2000
Total area
7,646 SF
Lot
1.65 ac (71,874 SF)
APN
R0113647
UPID
US13-2445573
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Westminster Restaurant Plaza Shopping Center & Mall
-
Nashville hot chicken shack Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$942k
Blend (final)
Blend
$1.50M
Owner & transaction history
Borama Events LLC · 1 yrs held
Borama Events LLC
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Sep 13 2024)
Last sale anchor
$1.50M
Sep 13 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$196 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$68,823
Tax year 2023
Assessed value
$677,930
Assessed 2023
Previous assessed
$677,930
+0.0% YoY
Effective rate
10.15%
On assessed value
Assessed land
$361,040
Assessed improvement
$316,890
Land market value
$1,294,046
Improvement market value
$1,135,809
Total market value
$2,429,855
Applied tax rate
731.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2000
Heating
YES
Cooling
YES
Stories
1
Total area
7,646 SF
Lot
1.65 ac (71,874 SF)
APN
R0113647
UPID
US13-2445573
Jurisdiction
ADAMS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Heating
YES
Cooling
Yes
Stories
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Borama Events LLC
Entity
Mailing address
6700 E WARREN AVE STE #130, DENVER, CO 80222-5731
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2025
—
Borama Events LLC
—
Deed
related
$802,000 · Mountain West Small Business Finance
Sep 13, 2024
$1,500,000
Borama Events LLC
Arc Jcwstco001 LLC
Special Warranty Deed
$972,124 · Solera National Bank
Sep 13, 2013
$4,231,400
Arc Jcwstco001 LLC
Rose Dev LLC
Grant Deed
—
Nov 25, 2009
$3,130,000
Alan Rosenblum
Cassis Eric L & Nelly
Warranty Deed
$1,550,000 · Solera National Bank
Sep 15, 2008
$3,132,033
Cassis Eric L & Nelly Tr
Sovereign Jcs LLC
Grant Deed
$2,000,000 · Peoples National Bank
Jul 13, 2007
—
Sovereign Jcs LLC
—
Deed Of Trust
related
$200,000,000 · Bmo Capital Markets Corp
Mar 27, 2007
$3,507,317
Sovereign Jcs LLC
Joes Crab Shack R/e Holdings
Grant Deed
$28,956,035 · Hartford Mezzanine Invtrs I Ll
Nov 29, 2006
$3,480,000
Joes Crab Shack R/e Holdings
Landrys Seafood Hse-colorado
Grant Deed
related
—
Apr 7, 2005
—
Landrys Seafood Hse-colorado
—
Deed Of Trust
related
$450,000,000 · Wachovia Bank NA
Jun 30, 2000
$981,000
Landrys Seafood House
Boulevard East LLC
Grant Deed
—
—
—
Arc Jcwstco001 LLC
—
Deed Of Trust
related
$655,000,000 · Barclays Bk/plc
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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