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Property profile & analytics
OFF-MARKET
Estimated value
$13,755,000
Industrial properties
533 Hopkins Ave, Aspen, CO 81611-2191
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0715903
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1978
Total area
11,401 SF
Lot
0.21 ac (9,000 SF)
APN
273707340004
UPID
US13-0715903
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
-
Oats Knezevich Gardenswartz Law Firm Child Welfare Organization
-
Elevate Development + Design Interior Design Home Decor Store
-
Jack Sutton Fine Jewelry (Bike/Boat/Book/etc) Store
-
Kenichi Aspen, est 1991 Restaurant
-
The Aspen Office Coworking & Hybrid Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.16M
Blend (final)
Blend
$13.76M
Owner & transaction history
Andrew V Hecht · 1 yrs held
Andrew V Hecht
since 2025
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
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
$13.76M
Range $12.38M – $15.13M · ±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
$1,206 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$197,046
Tax year 2022
Assessed value
$5,374,660
Assessed 2023
Previous assessed
$5,374,660
+0.0% YoY
Effective rate
3.67%
On assessed value
Assessed land
$4,394,250
Assessed improvement
$980,410
Land market value
$15,750,000
Improvement market value
$3,514,000
Total market value
$19,264,000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1978
Heating
BASEBOARD
Cooling
YES
Stories
2
Units
7
Total area
11,401 SF
Lot
0.21 ac (9,000 SF)
APN
273707340004
UPID
US13-0715903
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
1978
Heating
BASEBOARD
Cooling
Yes
Stories
2
Units
7
Lot
0.21 ac
Current owner
From public records · entity-resolved
Andrew V Hecht
Individual
Mailing address
PO BOX 1709, ASPEN, CO 81612-1709
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
—
Andrew V Hecht
James Marcus
Deed
related
$12,000,000 · Jpmorgan Chase Bank NA
Apr 8, 2025
—
James Marcus
The Gst Exempt Trust
Deed
—
Aug 19, 2020
—
Stephen J
—
Deed
related
$6,750,000 · Anb Bk
Mar 7, 2017
—
Aspen Plaza LLC
—
Deed
related
$695,000 · Anb Bk
—
—
Aspen Plaza LLC
—
Loan Modification
related
$6,000,000 · Anb Bk
—
—
Aspen Plaza LLC
—
Loan Modification
related
$695,000 · Anb Bk
—
—
Stephen J
—
Loan Modification
related
$6,750,000 · Anb Bk
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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