Add Listing
    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

    3852 Norwood Dr Littleton, CO 80125

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex space with loading doors, suitable for various businesses.

    Type:Office, Industrial
    Added:
    Jan 20, 2020
    Days on Market:
    2282
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 3852 Norwood Dr

    General Information

    Standard status
    Active
    Property subtype
    Office, Industrial

    Building Details

    Year Built
    1984

    Spaces For Lease

    at 3852 Norwood Dr Contact us

    Suite 1 $13 /Mo

    Size
    4,000 SF
    Type
    Office, Industrial
    Fantastic southwest location just off of C-470 and Santa Fe nPermissive G-I Zoning,...
    show more
    Contact us

    We can help!

    Listing Contact
    Greg Knott

    Listing agent Greg Knott License #CO FA.001312096

    Listing office Unique Properties, Inc

    Listing date Jan 20, 2020

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Unique Properties, Inc

    Overview

    Littleton Flex Space For Rent

    This flex space is located directly off Santa Fe Drive and C-470. The units feature ceiling heights of 16 to 18 feet and 10' x 12' drive-in loading doors. Some units are equipped with fire sprinklers. The entire building has been freshly painted and features new stucco and signage. The property is zoned General Industrial (GI), making it suitable for general office warehouse uses, service companies, fabricators and manufacturers, and recreation. Responsive local ownership is in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jim's Gym Gym & Fitness Center Mountain Energy & Resources Distribution Center Hanksville Hot Rods ... Metal Fabrication Plant Ascent Systems Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Douglas
    State
    Colorado
    Longitude
    -105.0393885
    Latitude
    39.5550794

    Nearby Similar for Lease

    • Contact for pricing

      CO, Littleton - Kellogg Center

      26 Dry Creek Cir, Unit 600, Littleton, CO 80120
      View Details
    • Sponsored
      Contact for pricing

      CO, Littleton- W Toller Dr

      10901 Toller Dr 3Rth, Unit LITTLETON, Littleton, CO 80127
      View Details
    • Sponsored
      Contact for pricing

      Shea Center

      1745 Shea Center Dr, Unit 4TH, Littleton, CO 80123
      View Details
    • $22/mo

      Modern Littleton Office Space Available

      Premier commercial space with customizable offices, ample parking, and mountain views.
      Littleton, CO 80127
      View Details
    • Contact for pricing

      Littleton Office Space For Rent

      Affordable office spaces with shared amenities and convenient location.
      7851 S Elati Street #101, Littleton, CO 80120
      View Details
    • $14/mo

      Littleton Office Spaces For Lease

      Office spaces for lease with ample parking in prime location.
      5601 South Broadway, Littleton, CO 80121
      View Details
    • $19/mo

      Ken Caryl Business Center Suites

      Office, medical, flex, and retail spaces available for lease.
      7610 - 7640 S Alkire Pl, Littleton, CO 80127
      View Details
    • $14/mo

      Updated Office Space For Rent

      Modern office space with natural light and ample parking.
      1510 W Canal Ct, Littleton, CO 80120
      View Details
    • Contact for pricing

      Move-in Ready Littleton Office Space

      Office space for rent with all expenses and WiFi included.
      5564-5574 S Prince St , Littleton, CO
      View Details
    • $19/mo

      Versatile Office Space Available

      Office space for lease in a convenient Littleton location.
      5808 S Rapp St, Littleton, CO 80120
      View Details
    • Contact for pricing

      Littleton Office Space For Rent

      Office space available for lease in Littleton, Colorado.
      5797 S Rapp St, Littleton, CO
      View Details
    • $15/mo

      Littleton Retail Space For Rent

      Retail space available for lease in Littleton, Colorado.
      250 E Dry Creek Rd , Littleton, CO
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with loading doors, suitable for various businesses.
    Where is this flex space located?
    The property is located at 3852 Norwood Dr Littleton, CO.
    What are key features of this property?
    This property features: Prime location directly off Santa Fe Dr & C‑470.; Permissive General Industrial (GI) zoning allows for diverse business uses.; Benefit from 16'-18' ceiling heights and 10'x12' drive‑in loading doors.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Greg Knott
    Real Estate License ID: CO FA.001312096
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!