Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3373 S Alcott St Englewood, CO 80110

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,050,000

    Six-unit multifamily property in Englewood, Colorado, recently sold.

    Property size:
    10,102 SF

    Property Features for 3373 S Alcott St

    General Information

    Size
    10,102 SF

    Building Details

    Year built
    1981

    We can help!

    Listing Contact
    Josh Newell
    Source: Pinnaclerea

    Listing Agent: Josh Newell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Englewood Multifamily Property Sold

    This recently sold property features a six-unit multifamily building located in Englewood, Colorado. The property is situated on a lot with a total area of 10,102 square feet. It is classified as an apartment building, multifamily property, and residential income property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Exploratorium Corporate Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.0173574
    Latitude
    39.6553546

    Nearby Similar for Sale

    • $2,800,000
      11,511 SF

      Englewood Multifamily Investment Opportunity

      17-unit apartment community in Downtown Englewood's Wellness District.
      3305 S Clarkson St, Englewood, CO 80113
      View Details
    • $12,600,000
      45,576 SF

      Englewood Multifamily Investment Opportunity

      Two adjacent properties with 71 units and significant rental upside.
      3445 S Corona St, Englewood, CO 80113
      View Details
    • $820,000
      2,764 SF

      Spacious Condo with Mountain Views

      2764 sq ft condo with Pikes Peak and mountain views.
      1900 E Girard Pl, Englewood, CO 80113
      View Details
    • $325,000
      838 SF

      Top-Floor Condo in Denver Tech

      Convenient condo with mountain views, close to light rail.
      9019 E Panorama Cir, Englewood, CO 80112
      View Details
    • Contact for pricing
      72,427 SF

      Leased Flex Industrial Project

      100% leased flex industrial project in Southeast Submarket, Denver.
      313-317 S Inverness Way, Englewood, CO 80112
      View Details
    • $497,000
      1,530 SF

      Centennial Office/Flex Condo For Sale

      1,530 SF office/flex condo in well-maintained business park.
      12354 East Caley Ave, Englewood, CO 80111
      View Details
    • $525,000

      Englewood Condo with Mountain Views

      Updated condo in Dry Creek Crossing with sweeping mountain views.
      9059 E Panorama Cir, Englewood, CO 80112
      View Details
    • $1,800,000
      9,380 SF

      Englewood Medical Office Building For Sale

      Two-tenant medical office near Swedish Medical Center, Englewood, Colorado.
      3247 S Lincoln St, Englewood, CO 80113
      View Details
    • $313,000
      866 SF

      Condo Near Denver Tech Center

      Resort-style living near light rail, shopping, and dining.
      9079 E Panorama Cir, Englewood, CO 80112
      View Details
    • $775,000
      2,995 SF

      Englewood Office Building on Broadway

      Freestanding office building with high visibility and flexible space.
      4219 S Broadway, Englewood, CO 80113
      View Details
    • $3,636,457
      4,159 SF

      Englewood Restaurant Property for Sale

      NNN restaurant property with long-term lease and rent increases.
      14455 E Arapahoe Rd, Englewood, CO 80112
      View Details
    • $5,700,000
      4 SF

      Englewood Mobile Home Communities

      Three mobile home communities in Englewood, CO, near Denver.
      2990 S Santa Fe Dr, Englewood, CO 80110
      View Details

    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in Englewood, Colorado, recently sold.
    Where is this apartment building located?
    The property is located at 3373 S Alcott St Englewood, CO.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Just Sold!; - 6 Units; - Located in Englewood
    (303) 962-9555
    Request Owner's contact information
    3373 S Alcott St Englewood, CO 80110
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3373 S Alcott St
    Englewood, CO 80110
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3373 S Alcott St Englewood, CO 80110
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Josh Newell
    Real Estate License ID: CO FA100001439
    (303) 962-9555
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.