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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Day care centers
189 50th Ave Brighton, CO 80601-8701
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1442892
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2017
Total area
10,373 SF
Lot
1.38 ac (60,113 SF)
APN
R0159218
UPID
US13-1442892
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
$3.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.31M
Blend (final)
Blend
$4.06M
Owner & transaction history
Emrland Investments LLC · 3 yrs held
Emrland Investments LLC
since 2022
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+47.4%
Auto repair, garage
$4.2M
+44.4%
Neighborhood: shopping center
$3.4M
+17.0%
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 Brighton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brighton 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
$4,055,000
ML approach
$3,945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$2,875,000
Current use
RESTAURANT
$4,240,000
Change: +47% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,155,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,365,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,355,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,225,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$3,150,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$2,655,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$4.06M
Range $3.65M – $4.46M · ±10% · vs last sale $4.49M (Aug 18 2022)
Last sale anchor
$4.49M
Aug 18 2022
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
$391 / 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
$96,159
Tax year 2023
Assessed value
$707,470
Assessed 2023
Previous assessed
$909,700
-22.2% YoY
Effective rate
13.59%
On assessed value
Assessed land
$268,340
Assessed improvement
$439,130
Land market value
$961,805
Improvement market value
$1,573,934
Total market value
$2,535,739
Applied tax rate
317.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2017
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
13
Total area
10,373 SF
Lot
1.38 ac (60,113 SF)
APN
R0159218
UPID
US13-1442892
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$2.9M
RESTAURANT
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.7M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2017
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
13
Lot
1.38 ac
Current owner
From public records · entity-resolved
Emrland Investments LLC
Entity
Mailing address
5500 STONE CANON RNCH RD, CASTLE ROCK, CO 80104-2551
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2022
$4,488,000
Emrland Investments LLC
Prentice Ave Apartments LLC
Special Warranty Deed
—
Jul 31, 2017
$3,642,857
Prentice Ave Apartment LLC
Big Black Dog LLC
Special Warranty Deed
$2,397,000 · Us Bank NA
Nov 18, 2016
—
Big Black Dog LLC
Dnd Properties LLC
Quit Claim Deed
related
$2,391,000 · Ouachita Indpnt Bk
Aug 30, 2016
$625,000
Dnd Properties LLC
S3l Holdings LLC
Grant Deed
$525,000 · Home St Bk
Aug 30, 2016
—
S3l Holdings LLC
70 Ranch LLC
Grant Deed
related
—
Oct 22, 2013
$350,000
70 Ranch LLC
Full Sea Equities LLC
Grant Deed
—
Oct 22, 2013
$1,440,000
70 Ranch LLC
Dax 2020 LLC
Grant Deed
—
Oct 22, 2013
$60,000
70 Ranch LLC
Speros,alex
Grant Deed
—
Oct 22, 2013
—
Alex Speros
S3l Holdings LLC
Grant Deed
related
—
Aug 11, 2010
—
S3l Holdings LLC
—
Deed Of Trust
related
$6,803,000 · Academy Bank
Feb 18, 2005
—
S3l Holdings LLC
Bpk Commercial LLC
Grant Deed
related
$6,803,000 · Academy Bank
Nov 29, 2004
—
Bpk Commercial LLC
Bpk Holdings LLC
Quit Claim Deed
related
—
—
—
S3l Holdings LLC
—
Deed Of Trust
related
$1,300,000 · Steele Street State 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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