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

    991 Southpark Dr Littleton, CO 80120

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $19 SF/Yr ($3,182 /Mo)

    Office space available in Littleton, Colorado, with customizable build-out.

    Property size:
    2,010 SF
    Lot size:
    1.11 Acres

    Property Features for 991 Southpark Dr

    General Information

    Size
    2,010 SF
    Lot size
    1.11 Acres

    We can help!

    Listing Contact
    Lev Cohen
    Lev Cohen
    Source: Moodyscre

    Listing Agent: Lev Cohen

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

    Learn more

    Property Insight Report

    Overview

    Littleton Office Space For Rent

    Located in the Ridge at Southpark in Littleton, Colorado, 991 Southpark Drive is situated in a district known for its blend of professional healthcare-related industries and high-end corporations. The building's architecture provides a strong identity for tenants. A second-floor space is available for lease, ranging from 2,010 to 8,415 square feet, with an option to lease around 4,000 square feet. The space features extensive natural lighting and convenient access to C-470. Currently a gray shell, the space awaits a tenant build-out tailored to specific needs. The building provides ample parking, an elevator, and wheelchair accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CereMetrix Software Company iLLUME Ai Software Company Health Images at Southpark Diagnostic Center Colorado Hematology Oncology Medical Clinic Kaley Kettering Social Worker

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Douglas
    State
    Colorado
    Longitude
    -105.0001087
    Latitude
    39.5677922

    Nearby Similar for Lease

    • $1,549,000
      2,483 SF

      Historic Downtown Littleton Live/Work Opportunity

      Unique live/work investment in historic downtown Littleton.
      2606-5765 W Alamo Ave, Littleton, CO 80120
      View Details
    • $2,500 /Mo
      1,278 SF

      Spacious Townhome with Modern Amenities

      Two-bedroom townhome with modern kitchen, tandem garage, and community amenities.
      2951 W Riverwalk Cir, Littleton, CO 80123
      View Details
    • $45 SF/Yr
      4,800 SF

      Industrial Warehouse with Fenced Yard

      Industrial property with fenced yard, convenient highway access, and office.
      9881 Titan Park Cir, Littleton, CO 80125
      View Details
    • Contact for pricing
      1,000 SF

      Retail Center in Centennial, Colorado

      Neighborhood retail center with redevelopment potential in a strong location.
      Littleton, CO
      View Details
    • Contact for pricing
      18,720 SF

      Littleton Warehouse with Fenced Storage

      18,720 SF warehouse with fenced storage and convenient access.
      3395 Carder Ct, Littleton, CO 80125
      View Details
    • Contact for pricing
      12,000 SF

      Retail Space in Heritage Green

      Retail units available in a busy Centennial shopping center.
      8203-8269 South Holly St, Littleton, CO 80122
      View Details
    • Contact for pricing
      1,120 SF

      Littleton Retail Space For Lease

      Retail spaces available in Jefferson Marketplace shopping center.
      8134-8234 S Kipling Pkwy, Littleton, CO 80127
      View Details
    • $13 SF/Yr
      40,000 SF

      Littleton Office/Warehouse Spaces For Lease

      Office/warehouse spaces in Littleton, accessible location off C-470 and Santa Fe.
      3706-3736 Norwood Dr, Littleton, CO 80125
      View Details
    • Contact for pricing
      1,296 SF

      Retail Space in Littleton Center

      Retail space available in a King Soopers anchored shopping center.
      8176 S Wadsworth Blvd, Littleton, CO 80128
      View Details
    • $20 SF/Yr
      4,115 SF

      Retail Space in Littleton, CO

      Retail space available in affluent suburban community.
      6671-6745 W Ken Caryl Ave, Littleton, CO 80128
      View Details
    • $15 SF/Yr
      25,000 SF

      Prime Southwest Warehouse Space

      25,000 SF Warehouse, 4,000 SF Available
      3852 Norwood Dr, Littleton, CO 80125
      View Details
    • $14 SF/Yr
      20,209 SF

      Littleton Office Space for Lease

      Modern SouthPark office, 3,250 SF available
      1460 Canal Ct, Littleton, CO 80120
      View Details

    FAQs

    What type of property is this?
    Office space - Office space available in Littleton, Colorado, with customizable build-out.
    Where is this office space located?
    The property is located at 991 Southpark Dr Littleton, CO.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Option to customize the **2,010 - 8,415 sq ft gray shell space** to tenant specifications.; - Extensive natural lighting.; - Near access to C-470.
    (720) 232-4118
    Request Owner's contact information
    991 Southpark Dr Littleton, CO 80120
    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.
    991 Southpark Dr
    Littleton, CO 80120
    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
    991 Southpark Dr Littleton, CO 80120
    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
    Lev Cohen
    Lev Cohen
    Real Estate License ID: FA.100032893
    (720) 232-4118
    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.