Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Turn key restaurants
11101 Colfax Ave Aurora, CO 80010-2513
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US13-1132978
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Total area
2,997 SF
Lot
0.54 ac (23,522 SF)
APN
R0097229
UPID
US13-1132978
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$730k
Blend (final)
Blend
$555k
Owner & transaction history
Juan Manuel Luevanos · 13 yrs held
Juan Manuel Luevanos
since 2012
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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora 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
by Request
ML approach
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
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
$185 / 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
$32,768
Tax year 2023
Assessed value
$288,350
Assessed 2023
Previous assessed
$271,640
+6.2% YoY
Effective rate
11.36%
On assessed value
Assessed land
$78,050
Assessed improvement
$210,300
Land market value
$279,744
Improvement market value
$753,756
Total market value
$1,033,500
Applied tax rate
360.0000
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
1973
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
2,997 SF
Lot
0.54 ac (23,522 SF)
APN
R0097229
UPID
US13-1132978
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
1973
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Juan Manuel Luevanos
Individual
Mailing address
6133 S KALISPELL ST, AURORA, CO 80016-4751
Ownership since
2012
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 21, 2018
—
Juan Manuel Luevanos
—
Deed
related
$4,300,000 · Compass Bank
Sep 17, 2012
$505,000
Juan Manuel Luevanos
Velocity Commercial Capital LLC
Special Warranty Deed
$273,000 · Pinetree Financial Partners Ff Ltd
Sep 7, 2012
—
Velocity Coml Cap LLC
Public Trustee Of Adams County
Trustees Deed
related
—
Aug 17, 2012
$997,335
Nopadol Techapaikaweekul
Chief Deputy Public Te Of Adams C
Certificate Of Purchase
$975,000
—
—
Nopadol Techapaikaweekul
—
Deed Of Trust
related
$250,000 · Us Bank
—
—
Nopadol Techapaikaweekul
—
Deed Of Trust
related
$975,000 · First National Bank
—
—
Juan M Luevanos
—
Deed Of Trust
related
$910,000 · Firstbank
—
—
Luevanos,juan M
—
Deed Of Trust
related
$710,000 · Firstbank
—
—
Nopadol Techapaikaweekul
—
Deed Of Trust
related
$670,000 · Pueblo Bank & Trust Co
—
—
Nopadol Techapaikaweekul
—
Deed Of Trust
related
$900,000 · First American State Bank
—
—
Nopadol Techapaikaweekul
—
Deed Of Trust
related
$2,065 · City Of Aurora Rehabilitation
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11101 Colfax Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.