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Property profile & analytics
OFF-MARKET
Estimated value
$9,000,000
Commercial real estate
415 Hyman Ave 16 Aspen, CO 81611-2900
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-2829760
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1972
Total area
3,588 SF
Lot
0.08 ac (3,588 SF)
APN
273718216116
UPID
US13-2829760
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
Current use
Occupant on record · Public records
-
Scott Bayens Properties - Scott Bayens, Realtor, Aspen Snowmass Sotheby's Real Estate Agency
-
Andrew Ernemann Real Estate Agency
-
Avalanche Construction Management Construction Company General Contractor
-
Aspen Snowmass Sotheby's International Realty: Tracy&Bubba Eggleston Real Estate Agency
-
Llwyd Ecclestone III Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.00M
Blend (final)
Blend
$9.00M
Owner & transaction history
Aspen Hyman 415 And 419 LLC · 1 yrs held
Aspen Hyman 415 And 419 LLC
since 2024
Last sale
$9.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Aspen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aspen 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
$9,000,000
ML approach
$9,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.00M
Range $8.10M – $9.90M · ±10% · vs last sale $9.00M (Sep 30 2024)
Last sale anchor
$9.00M
Sep 30 2024
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
$2,508 / 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
$52,460
Tax year 2023
Assessed value
$1,742,440
Assessed 2023
Previous assessed
$1,742,440
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed improvement
$1,742,440
Improvement market value
$6,245,300
Total market value
$6,245,300
Applied tax rate
1.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1972
Heating
BASEBOARD
Stories
4
Rooms
4
Total area
3,588 SF
Lot
0.08 ac (3,588 SF)
APN
273718216116
UPID
US13-2829760
Jurisdiction
PITKIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Heating
BASEBOARD
Stories
4
Rooms
4
Lot
0.08 ac
Current owner
From public records · entity-resolved
Aspen Hyman 415 And 419 LLC
Entity
Mailing address
2121 AVE OF THE STARS STE #2400, LOS ANGELES, CA 90067-5048
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
$9,000,000
Aspen Hyman 415 And 419 LLC
415 East Hyman Ave LLC
Special Warranty Deed
—
Apr 13, 2015
$4,550,000
415 East Hyman Ave LLC
Horse Island LLC
Warranty Deed
—
Feb 14, 2011
$1,580,000
Horse Island LLC
Horseshoe Holdings LLC
Warranty Deed
related
—
Sep 28, 2007
$2,000,000
Horseshoe Holdings LLC
Judy L Alexander
Special Warranty Deed
$1,100,000 · Wells Fargo Bank NA
Mar 31, 2004
—
Alexander,fred & Judy Trust
Alexander,judy
Quit Claim Deed
related
—
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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