Entity Owned Property summary
AI-generated overview
This exceptional 9,200 square foot industrial property, located at 695 Billings Street in Aurora, Colorado, presents a unique investment opportunity. The building, constructed in 2002 and situated on a single lot, features a two-story design. The property is currently available for lease for the first time in nearly a decade, having undergone a complete renovation by the current owner. Improvements include new carpeting and paint throughout the office space, as well as the installation of a new split system for climate control. The building comprises six individual suites, each offering convenient 12' x 14' drive-in loading capabilities. The warehouse boasts a generous clear height of approximately 22 feet 4 inches in the center. The property is zoned MU-C, providing flexibility for a wide range of commercial uses. The building includes six dock-high doors and benefits from three-phase power. Located in Arapahoe County, Colorado, with a zip code of 80011, this property offers easy access to major transportation routes and a thriving business community. This is a rare opportunity to lease a recently renovated, multi-tenant industrial space in a prime Aurora location.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
FRAME
Total area
9,984 SF
Lot
0.64 ac (27,878 SF)
Zoning code
RB1
APN
1975-06-3-10-002
UPID
US13-0104875
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Factory Industrial Manufacturer
-
(Bike/Boat/Book/etc) Store Printing Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
since 2006
7 recorded transactions
Zoning & alternative use
RB1 · Aurora, CO
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$635k
Value range
$572k – $699k
±10% around blend
Estimated value / SF
$64 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
70
$572k
blend $635k
$699k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,984 SF
Lot area
0.64 ac
Year built
2002
Stories
2
APN
1975-06-3-10-002
Zoning
RB1
Assessed value
$365,211
Annual tax
$29,043
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.75M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.6 mi away · 8,025 SF
9.6 mi away · 8,432 SF
9.7 mi away · 12,000 SF
9.7 mi away · 12,000 SF
9.7 mi away · 9,170 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$635k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 49 sales
$160
-60%
Submarket 653 sales
$161
-60%
County 238 sales
$212
-70%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $64/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$365k
Move the market yield to see immediate price impact.
Value / SF
$37
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$23k
$460k
$329k
$256k
$26k
$511k
$365k
$284k
$28k
$562k
$402k
$312k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$705k
9.5 mi · Jan 2026 · $59/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,043
Tax year 2023
Assessed value
$365,211
Assessed 2023
Previous assessed
$286,810
+27.3% YoY
Effective rate
7.95%
On assessed value
Land market value
$167,004
Improvement market value
$1,141,996
Total market value
$1,309,000
Applied tax rate
1,155.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
NONE
Stories
2
Bathrooms
30
Total area
9,984 SF
Lot
0.64 ac (27,878 SF)
Zoning code
RB1
APN
1975-06-3-10-002
UPID
US13-0104875
Jurisdiction
ARAPAHOE
Zoning & alternative use
RB1 · Aurora, COZoning RB1 · permitted uses
RB1 · Aurora, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
FRAME
Heating
NONE
Stories
2
Bathrooms
30
Lot
0.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RB1
Jurisdiction
Aurora, CO
Recorded code
RB1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RB1 in Aurora, CO.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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