6547 Racine Cir Centennial, CO 80111
- Life science properties
- 54,828 SF
- 3.93 lot acres
Current Use by Public Records
- Life science properties
Property Details for 6547 Racine Cir
- Year built
- 1996
- Construction
- FRAME
- Lot size
- 3.93 lot acres
- Property size
- 54,828 SF
- Zone code
- AMU
- Property type
- Life science properties
- APN
- 2075-24-3-12-001
- APU
- 207524312001
Description
This Centennial, CO property offers 3,802 square feet of versatile flex space, perfect for research and development or light industrial use. Located at 6547 S Racine Cir, #1700-#1800, this single-story building boasts an 18-foot ceiling height, three dock-high doors, and seventeen drive-in doors, providing ample space for various operations. The property sits on 3.93 acres and includes 190 total parking spaces. Built in 1996, the building features a reception/showroom area, multiple individual offices, restrooms, a break area, and a warehouse area. The current configuration is approximately 50% office space. The BP100 (Centennial) zoning allows for office, light industry with mitigated truck traffic and limited outside storage, and warehousing & logistics with a truck routing plan. Property taxes are $3.48 per square foot. The master lease expires August 31, 2027. This end-cap unit presents a unique opportunity in Arapahoe County (APN: 2075-24-3-12-001), with its combination of office and warehouse space, making it suitable for a variety of businesses. The total building size is 58,943 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,745,000
- 6.5%
- $9,395,000
- 7%
- $9,215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,670,000
- Geo Method
- $9,065,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,330,000
- Retail
- $7,955,000
- Mixed-Use
- $9,590,000
- Hospitality
- $9,095,000
- Educational
- $9,715,000
- Residential Income
- $9,270,000
- Energy
- $8,425,000
- Income-Based Land
- $7,560,000
- Food Service
- $8,880,000
Location Insight
- Map
- Local Demand
- City
- Centennial
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.844
- Latitude
- 39.597
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA