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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Strip malls
1450 Havana St Aurora, CO 80010-3387
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2810148
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,500 SF
Lot
0.29 ac (12,632 SF)
Zoning code
RB4
APN
1973-02-2-36-001
UPID
US13-2810148
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
$1.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Qt Holdings LLC · 2 yrs held
Qt Holdings LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
RB4 · Aurora, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+23.4%
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
$1,165,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,100,000
6.5%
$1,015,000
7%
$945,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,460,000
Current use
AUTO REPAIR, GARAGE
$1,800,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,455,000
Change: 0% · Conversion: Easy
RETAIL STORES
$1,445,000
Change: -1% · Conversion: Easy
MEDICAL BUILDING
$1,365,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.10M (Dec 21 2023)
Last sale anchor
$1.10M
Dec 21 2023
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
$243 / 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
$25,854
Tax year 2023
Assessed value
$286,533
Assessed 2023
Previous assessed
$287,100
-0.2% YoY
Effective rate
9.02%
On assessed value
Land market value
$253,680
Improvement market value
$773,320
Total market value
$1,027,000
Applied tax rate
1,185.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
20
Total area
4,500 SF
Lot
0.29 ac (12,632 SF)
Zoning code
RB4
APN
1973-02-2-36-001
UPID
US13-2810148
Jurisdiction
ARAPAHOE
Zoning & alternative use
RB4 · Aurora, COZoning RB4 · permitted uses
RB4 · Aurora, CO
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
20
Lot
0.29 ac
Current owner
From public records · entity-resolved
Qt Holdings LLC
Entity
Mailing address
1450 HAVANA ST, AURORA, CO 80010-3387
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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, 2023
$1,100,000
Qt Holdings LLC
In Sup And Hyang Mi Shin Living Tru
Special Warranty Deed
$500,000 · Firstbank
Jun 22, 2023
—
In Sup And Hyang Mi Shin Living Tru
Sup Sh
Warranty Deed
—
Feb 10, 2022
$1,039,450
Sup Sh
Jad Shoppetfe LLC
Special Warranty Deed
—
Mar 11, 2014
$825,000
Jacob Pak
Nancy M Cho
Special Warranty Deed
$518,000 · First American State Bank
Dec 5, 2012
—
Nancy M Cho
Cho,young H
Quit Claim Deed
related
—
Oct 1, 2008
—
Tae R Cho
Cho,tae R
Quit Claim Deed
related
—
Feb 12, 2007
$830,000
Tae R Cho
Fc Realty Investments LLC
Warranty Deed
$581,000 · Zions First National Bank
Aug 28, 2001
$350,000
Fc Realty Investment LLC
Financial Capital Equities INC
Grant Deed
$275,000 · Community First National Bank
—
—
Young H Cho
—
Deed Of Trust
related
$522,000 · Bank Of The West
—
—
Fc Realty Investment LLC
—
Deed Of Trust
related
$252,000 · Colorado Capital Bank
—
—
Amara LLC
—
Deed Of Trust
related
$1,272,272 · Robert Bentz
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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