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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Residential income homes
1579 Lima St Aurora, CO 80010-2525
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US13-2498470
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1942
Construction
FRAME
Total area
2,064 SF
Lot
0.26 ac (11,326 SF)
APN
R0097221
UPID
US13-2498470
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
$645k
Blend (final)
Blend
$585k
Owner & transaction history
Steger Farms INC · 16 yrs held
Steger Farms INC
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$825,000
+55.7%
Neighborhood: shopping center
$670,000
+26.2%
Commercial (general)
$670,000
+25.8%
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
APARTMENT HOUSE (5+ UNITS)
$530,000
Current use
AUTO REPAIR, GARAGE
$825,000
Change: +56% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$670,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$670,000
Change: +26% · Conversion: Moderate
RETAIL STORES
$665,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$625,000
Change: +18% · Conversion: Moderate
OFFICE BUILDING
$530,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$283 / 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
$9,495
Tax year 2023
Assessed value
$84,360
Assessed 2023
Previous assessed
$84,360
+0.0% YoY
Effective rate
11.26%
On assessed value
Assessed land
$6,090
Assessed improvement
$78,270
Land market value
$90,000
Improvement market value
$1,157,000
Total market value
$1,247,000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1942
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
4
Rooms
16
Bathrooms
8
Total area
2,064 SF
Lot
0.26 ac (11,326 SF)
APN
R0097221
UPID
US13-2498470
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$825,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$670,000
RETAIL STORES
Est. value
$665,000
MEDICAL BUILDING
Est. value
$625,000
OFFICE BUILDING
Est. value
$530,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1942
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
4
Rooms
16
Bathrooms
8
Lot
0.26 ac
Current owner
From public records · entity-resolved
Steger Farms INC
Entity
Mailing address
1250 S BUCKLEY RD UNIT I, AURORA, CO 80017-5120
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2010
$368,000
Steger Farms INC
Robin Mountain LLC
Special Warranty Deed
$218,000 · Firstbank Of Arapahoe County
May 17, 2010
—
Robin Mountain LLC
—
Trustees Deed
related
$282,694 · I25 Marketing LLC
Jul 6, 2009
$220,000
Robin Mountain LLC
G & E LLC
Warranty Deed
$282,694 · 125 Marketing LLC
Feb 27, 2009
—
G & E LLC
Public Trustee Of Adams County
Trustees Deed
related
—
Feb 3, 2009
$275,000
Simon Banuelos
Public Trustee Of Adams County
Certificate Of Purchase
—
May 2, 2002
—
Simon Banuelos
Banuelos,silvia
Quit Claim Deed
related
$264,645 · First Community Ind Bank
Oct 10, 2000
$205,000
Simon Banuelos
Hernandez,juan
Grant Deed
$156,248 · First Community Ind 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.
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