Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,040,000
Distribution centers
13750 Smith Dr Aurora, CO 80011-2249
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0633801
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Total area
21,120 SF
Lot
1.27 ac (55,321 SF)
APN
R0084289
UPID
US13-0633801
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
$4.24M
CAP Approach
CAP
$3.15M
Comparable Approach
Comparable
$3.67M
Blend (final)
Blend
$4.04M
Owner & transaction history
18750 East Smith Drive LLC · 4 yrs held
18750 East Smith Drive LLC
since 2021
Last sale
$4.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.6M
+94.5%
Medical building
$6.4M
+90.0%
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
$3,885,000
ML approach
$4,240,000
CAP Approach
CAP Return
Estimation
6%
$3,410,000
6.5%
$3,145,000
7%
$2,925,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,375,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,565,000
Change: +94% · Conversion: Difficult
MEDICAL BUILDING
$6,415,000
Change: +90% · Conversion: Difficult
Blend value · Realmo final
$4.04M
Range $3.64M – $4.44M · ±10% · vs last sale $4.20M (Oct 22 2021)
Last sale anchor
$4.20M
Oct 22 2021
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
$191 / 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
$138,092
Tax year 2023
Assessed value
$1,215,170
Assessed 2023
Previous assessed
$1,076,930
+12.8% YoY
Effective rate
11.36%
On assessed value
Assessed land
$108,470
Assessed improvement
$1,106,700
Land market value
$388,773
Improvement market value
$3,966,658
Total market value
$4,355,431
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1980
Heating
OTHER
Cooling
OTHER
Buildings
2
Stories
1
Total area
21,120 SF
Lot
1.27 ac (55,321 SF)
APN
R0084289
UPID
US13-0633801
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$6.4M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL 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
1980
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
2
Lot
1.27 ac
Current owner
From public records · entity-resolved
18750 East Smith Drive LLC
Entity
Mailing address
105 GRANDVIEW AVE, RYE, NY 10580-2030
Ownership since
2021
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
Oct 22, 2021
$4,200,000
18750 East Smith Drive LLC
L And S LLC
Special Warranty Deed
—
Mar 5, 2013
$1,000,000
L & S LLC
Becky & Steve LLC
Grant Deed
$1,000,000 · Stockman Bank Of Montana
Dec 20, 2004
—
Becky & Steve LLC
Katz,steven J & Becky
Quit Claim Deed
related
—
Sep 29, 2003
$108,250
Becky & Steve LLC
Ellerbusch,rodson E
Grant Deed
—
—
—
Becky & Steve LLC
—
Deed Of Trust
related
$567,000 · Wells Fargo Bank
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 13750 Smith Dr?
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.
