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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Day care centers
81 Max Dr, Castle Pines, CO 80108-9510
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US13-1236132
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2009
Total area
11,671 SF
Lot
1.42 ac (61,986 SF)
APN
R0479936
UPID
US13-1236132
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
Masdin LLC · 16 yrs held
Masdin LLC
since 2010
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 Castle Pines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Castle Pines 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
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$1,885,000
Current use
RETAIL STORES
$1,725,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,665,000
Change: -12% · Conversion: Difficult
MEDICAL BUILDING
$1,555,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±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
$118 / 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
$91,884
Tax year 2023
Assessed value
$927,960
Assessed 2023
Previous assessed
$768,360
+20.8% YoY
Effective rate
9.90%
On assessed value
Assessed land
$276,700
Assessed improvement
$651,260
Land market value
$991,774
Improvement market value
$2,334,273
Total market value
$3,326,047
Applied tax rate
3,533.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
11,671 SF
Lot
1.42 ac (61,986 SF)
APN
R0479936
UPID
US13-1236132
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RETAIL STORES
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Masdin LLC
Entity
Mailing address
6157 MASSIVE PEAK LOOP, CASTLE ROCK, CO 80108-9489
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2019
—
Masdin LLC
—
Deed
related
$2,531,700 · Citywide Banks
Sep 5, 2017
—
Masdin LLC
—
Deed
related
$926,000 · Bank Snb NA
Aug 31, 2017
—
Masdin LLC
—
Deed
related
$2,175,000 · Bank Snb NA
May 28, 2010
—
Masdin LLC
Charter Oaks Prop Owners Assn
Grant Deed
—
Jul 10, 2009
—
Anxon INC
—
Deed Of Trust
related
$1,718,000 · Bnc National Bank
May 1, 2009
$657,545
Masdin LLC
Pine 72 LLC
Grant Deed
$2,300,000 · First Commercial Bank
Apr 13, 2009
—
Anxon INC
—
Deed Of Trust
related
$1,718,000 · Bnc National Bank
—
—
Masdin LLC
—
Deed Of Trust
related
$984,000 · Community Economic Dev Co Co
—
—
Masdin LLC
—
Deed Of Trust
related
$2,175,000 · Bank Snb NA
—
—
Masdin LLC
—
Deed Of Trust
related
$926,000 · Bank Snb NA
—
—
Masdin LLC
—
Deed Of Trust
related
$1,365,516 · First Commercial Bank
—
—
Masdin LLC
—
Deed Of Trust
related
$2,321,377 · First Commercial Bank
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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