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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Hotels
11712 Colfax Ave Aurora, CO 80010-5016
Individually Owned
11-yr Hold
Free & Clear
Property ID
US13-2533244
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,508 SF
Lot
0.39 ac (16,800 SF)
APN
1973-02-1-00-018
UPID
US13-2533244
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
Kum Y Yoo · 11 yrs held
Kum Y Yoo
since 2014
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+34.4%
Commercial (general)
$1.5M
+34.0%
Retail stores
$1.5M
+33.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,090,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,465,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,460,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$1,450,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$1,370,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$1,155,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$195 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$8,333
Tax year 2021
Assessed value
$290,718
Assessed 2023
Previous assessed
$80,013
+263.3% YoY
Effective rate
2.87%
On assessed value
Land market value
$336,000
Improvement market value
$736,000
Total market value
$1,072,000
Applied tax rate
1,138.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
3
Stories
1
Bathrooms
11
Total area
4,508 SF
Lot
0.39 ac (16,800 SF)
APN
1973-02-1-00-018
UPID
US13-2533244
Jurisdiction
ARAPAHOE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
3
Bathrooms
11
Lot
0.39 ac
Current owner
From public records · entity-resolved
Kum Y Yoo
Individual
Free & Clear · 11 yrs held
Mailing address
5615 S LEWISTON CT, CENTENNIAL, CO 80015-4033
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2014
—
Kum Y Yoo
Yoo,kum Y
Quit Claim Deed
related
—
Nov 2, 2012
$75,000
Salsa Homes LLC
Sullivan Lois G
Grant Deed
—
Nov 7, 2007
$420,000
Kum Y Yoo
Kim,sung H
Grant Deed
$294,000 · Mirae Bank
Sep 24, 1998
—
Sung H Kim
Lee,dong H
Quit Claim Deed
related
—
Mar 10, 1998
—
Sung E Kim
Kwak,joseph B & Emilia M
Grant Deed
$315,000 · Individual
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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