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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Retail space
1515 Chester St Aurora, CO 80010-1912
Entity Owned
~
Est. High Equity
Property ID
US13-2157024
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
2,509 SF
Lot
0.14 ac (6,098 SF)
APN
R0095048
UPID
US13-2157024
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
$530k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
1515 Chester LLC
1515 Chester LLC
since 2025
Last sale
$565,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$815,000
+0.9%
Commercial (general)
$810,000
+0.6%
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%
$570,000
6.5%
$530,000
7%
$490,000
Alternative Use
Use
Estimation
RETAIL STORES
$805,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$815,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$810,000
Change: +1% · Conversion: Easy
MEDICAL BUILDING
$760,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $565k (May 22 2025)
Last sale anchor
$565k
May 22 2025
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
$203 / 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
$11,414
Tax year 2023
Assessed value
$100,440
Assessed 2023
Previous assessed
$78,770
+27.5% YoY
Effective rate
11.36%
On assessed value
Assessed land
$13,950
Assessed improvement
$86,490
Land market value
$49,995
Improvement market value
$310,005
Total market value
$360,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,509 SF
Lot
0.14 ac (6,098 SF)
APN
R0095048
UPID
US13-2157024
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
RETAIL STORES Current
Est. value
$805,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$810,000
MEDICAL BUILDING
Est. value
$760,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1950
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
1515 Chester LLC
Entity
Mailing address
1515 CHESTER ST, AURORA, CO 80010-1912
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
$565,000
1515 Chester LLC
Comanches Construction INC
Deed
related
—
Aug 22, 2025
$565,000
1515 Chester LLC
Comanches Construction INC
Special Warranty Deed
$452,000 · Jo Palmquist Trust
Jul 11, 2019
—
Comanches Construction INC
—
Deed
related
$337,500 · Firstbank
Oct 5, 2017
—
Comanche Construction INC
—
Deed
related
$161,713 · Jo Palmquist
Jun 8, 2004
$177,900
Comanches Construction INC
Reed,esperanza M
Grant Deed
$159,900 · Esperanza M Reed
Jan 24, 2002
$136,500
Esperania M Reed
Bentz,robert
Grant Deed
$122,850 · Robert Bentz
—
—
Comanches Construction INC
—
Deed Of Trust
related
$337,500 · Firstbank
—
—
Comanche Construction INC
—
Loan Modification
related
$161,713 · Jo Palmquist
—
—
Comanches Construction INC
—
Deed Of Trust
related
$140,000 · J L & Jo Palmquist
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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