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Property profile & analytics
OFF-MARKET
Estimated value
$19,260,000
Commercial land
501 Hyman Ave Aspen, CO 81611-1921
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-0744903
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1900
Total area
18,916 SF
Lot
0.23 ac (10,200 SF)
APN
273718224001
UPID
US13-0744903
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
-
JUS Aspen Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Ben Rose Law, The Aspen Lawyer Law Firm
-
MARCUS | Curated Luxury Collection Clothing & Fashion Store
-
Elliott Yeary Gallery at Four One Nine (Bike/Boat/Book/etc) Store
-
Kim Raymond Architecture + Interiors Architecture Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.03M
Blend (final)
Blend
$19.26M
Owner & transaction history
Cox,anthony E Living Trust · 9 yrs held
Cox,anthony E Living Trust
since 2016
4 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$19.26M
Range $17.33M – $21.19M · ±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
$1,018 / 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
$226,544
Tax year 2023
Assessed value
$7,524,630
Assessed 2023
Previous assessed
$6,703,350
+12.3% YoY
Effective rate
3.01%
On assessed value
Assessed land
$5,273,100
Assessed improvement
$2,251,530
Land market value
$18,900,000
Improvement market value
$8,070,000
Total market value
$26,970,000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1900
Heating
BASEBOARD
Cooling
YES
Stories
2
Total area
18,916 SF
Lot
0.23 ac (10,200 SF)
APN
273718224001
UPID
US13-0744903
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
1900
Heating
BASEBOARD
Cooling
Yes
Stories
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Cox,anthony E Living Trust
Trust
Mailing address
1260 41ST AVE STE O, CAPITOLA, CA 95010-3929
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2026
—
Anthony E Cox Living Trust
—
Deed
related
$12,000,000 · Zb NA
Dec 2, 2016
—
Cox,anthony E Living Trust
Cox James E Living Trust
Quit Claim Deed
related
—
Feb 21, 2013
—
Cox,james E Living Trust
Cox James E & N P Fam Trust
Quit Claim Deed
related
$14,500,000 · Bank Of America
—
—
Cox,james E Living Trust
—
Deed Of Trust
related
$16,500,000 · Miscellaneous Ins Co
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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