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Property profile & analytics
OFF-MARKET
Estimated value
$2,160,000
Day care centers
23905 Arapahoe Rd Aurora, CO 80016-4120
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-1180582
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2008
Construction
FRAME
Total area
8,323 SF
Lot
0.86 ac (37,462 SF)
Zoning code
RPD
APN
2071-30-2-16-003
UPID
US13-1180582
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
Nicholson-wright Prop Mgmt LLC · 6 yrs held
Nicholson-wright Prop Mgmt LLC
since 2019
7 recorded transactions
Zoning & alternative use
RPD · Aurora, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+47.4%
Auto repair, garage
$3.3M
+44.4%
Neighborhood: shopping center
$2.7M
+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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$2,310,000
Current use
RESTAURANT
$3,405,000
Change: +47% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,335,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,700,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,695,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$2,675,000
Change: +16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,585,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$2,525,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$2.16M
Range $1.94M – $2.38M · ±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
$260 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$55,981
Tax year 2021
Assessed value
$774,504
Assessed 2023
Previous assessed
$487,490
+58.9% YoY
Effective rate
7.23%
On assessed value
Land market value
$561,915
Improvement market value
$2,244,085
Total market value
$2,806,000
Applied tax rate
1,636.0000
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
2008
Construction
FRAME
Heating
NONE
Stories
1
Bathrooms
18
Total area
8,323 SF
Lot
0.86 ac (37,462 SF)
Zoning code
RPD
APN
2071-30-2-16-003
UPID
US13-1180582
Jurisdiction
ARAPAHOE
Zoning & alternative use
RPD · Aurora, CO
Zoning RPD · permitted uses
RPD · Aurora, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aurora. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$2.3M
RESTAURANT
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
2008
Construction
FRAME
Heating
NONE
Stories
1
Bathrooms
18
Lot
0.86 ac
Current owner
From public records · entity-resolved
Nicholson-wright Prop Mgmt LLC
Entity
Mailing address
23905 E ARAPAHOE RD, AURORA, CO 80016-4120
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2019
—
Nicholson-wright Prop Mgmt LLC
—
Deed
related
$3,904,000 · Readycap Lndg
Oct 1, 2018
—
Nicholson-wright Prop Mgmt LLC
—
Deed
related
$2,470,229 · Community Banks/co
Jul 2, 2018
—
Nicholson-wright Prop Mgmt LLC
—
Deed
related
$2,470,229 · Nbh Bk NA
Jan 9, 2017
—
Nicholson Wright Property Managemen
—
Deed
related
$1,785,753 · Community Banks Of Colorado
—
—
Nicholson-wright Prop Mgmt LLC
—
Deed Of Trust
related
$3,904,000 · Readycap Lndg
—
—
Nicholson-wright Prop Mgmt LLC
—
Loan Modification
related
$2,470,229 · Community Banks/co
—
—
Nicholson-wright Prop Mgmt LLC
—
Loan Modification
related
$2,470,229 · Nbh Bk NA
—
—
Nicholson-wright Prop Mgmt LLC
—
Deed Of Trust
related
$392,000 · Cit Lending Services Corp
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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