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Property profile & analytics
OFF-MARKET
Estimated value
$16,640,000
Office Spaces
514 Hyman Ave Aspen, CO 81611-1955
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0802324
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1971
Total area
7,933 SF
Lot
0.07 ac (3,000 SF)
APN
273718213002
UPID
US13-0802324
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
-
Justin Addison | Aspen Real Estate Agent Real Estate Agency
-
Coldwell Banker Mason Morse Real Estate: Carrie Wells Real Estate Agency
-
Coldwell Banker Mason Morse Real Estate Agency
-
Shael Johnson: Coldwell Banker Real Estate LLC Real Estate Agency
-
Maureen Stapleton Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$16.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.29M
Blend (final)
Blend
$16.64M
Owner & transaction history
Apcc 514 E Hyman LLC · 1 yrs held
Apcc 514 E Hyman LLC
since 2024
Last sale
$16.6M
7 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
$16,640,000
ML approach
$16,640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.64M
Range $14.98M – $18.30M · ±10% · vs last sale $16.64M (Aug 7 2024)
Last sale anchor
$16.64M
Aug 7 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
$2,098 / 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
$108,523
Tax year 2023
Assessed value
$3,604,570
Assessed 2023
Previous assessed
$2,929,000
+23.1% YoY
Effective rate
3.01%
On assessed value
Assessed land
$1,883,250
Assessed improvement
$1,721,320
Land market value
$6,750,000
Improvement market value
$6,169,600
Total market value
$12,919,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1971
Heating
BASEBOARD
Cooling
YES
Stories
3
Total area
7,933 SF
Lot
0.07 ac (3,000 SF)
APN
273718213002
UPID
US13-0802324
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
1971
Heating
BASEBOARD
Cooling
Yes
Stories
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
Apcc 514 E Hyman LLC
Entity
Mailing address
514 E HYMAN AVE, ASPEN, CO 81611-1955
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2024
$16,639,659
Apcc 514 E Hyman LLC
514 Ah LLC
Special Warranty Deed
—
May 25, 2017
—
514 Ah LLC
—
Deed
related
$6,500,000 · Community Bk/co
Jan 22, 2013
$6,300,000
514 Ah LLC
Mason & Morse INC
Warranty Deed
$3,500,000 · Alpine Bank
Jan 6, 2010
—
Mason & Morse INC
—
Trustees Deed
related
$1,157,896 · Anne Burrows
Jun 29, 2009
—
Mason & Morse INC
—
Trustees Deed
related
$600,000 · Alpine Bank
—
—
Mason & Morse INC
—
Deed Of Trust
related
—
—
—
Mason & Morse INC
—
Deed Of Trust
related
$2,300,000 · Alpine Bank
—
—
514 Ah LLC
—
Deed Of Trust
related
$6,500,000 · Community Bk/co
—
—
Mason & Morse INC
—
Deed Of Trust
related
$1,000,000 · Alpine Bank
—
—
Mason & Morse INC
—
Deed Of Trust
related
—
—
—
Mason & Morse INC
—
Deed Of Trust
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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