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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Office buildings
10397 Centennial Rd Littleton, CO 80127-4227
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2818062
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
STEEL FRAME
Total area
12,629 SF
Lot
0.89 ac (38,768 SF)
APN
59-334-11-018
UPID
US13-2818062
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
Current use
Occupant on record · Public records
-
The Servicing Group Loan Service Bank
-
Dorsey Pictures Film Production Television Studio
-
Van Buskirk Dawn Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.80M
CAP Approach
CAP
$2.80M
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.28M
Owner & transaction history
Engineering Operations LLC · 2 yrs held
Engineering Operations LLC
since 2024
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.8M
+35.7%
Industrial (general)
$3.4M
+22.5%
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 Littleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Littleton 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
$1,755,000
ML approach
$1,795,000
CAP Approach
CAP Return
Estimation
6%
$3,025,000
6.5%
$2,795,000
7%
$2,595,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,765,000
Current use
MEDICAL BUILDING
$3,750,000
Change: +36% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,385,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±10% · vs last sale $2.43M (Apr 10 2024)
Last sale anchor
$2.43M
Apr 10 2024
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
$180 / 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
$43,219
Tax year 2023
Assessed value
$403,685
Assessed 2023
Previous assessed
$403,685
+0.0% YoY
Effective rate
10.71%
On assessed value
Assessed land
$254,182
Assessed improvement
$149,503
Land market value
$911,048
Improvement market value
$565,852
Total market value
$1,476,900
Applied tax rate
4,614.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
3
Total area
12,629 SF
Lot
0.89 ac (38,768 SF)
APN
59-334-11-018
UPID
US13-2818062
Jurisdiction
JEFFERSON
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
OFFICE BUILDING Current
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
OFFICE BUILDING Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
2002
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
Engineering Operations LLC
Entity
Mailing address
5935 S ZANG ST STE #220, LITTLETON, CO 80127-4646
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2024
$2,425,000
Engineering Operations LLC
10397 W Centennial Road LLC
Special Warranty Deed
$1,940,000 · Bank Of Colorado
Jul 22, 2020
$1,555,000
10397 W Centennial Road LLC
Jeln LLC
Special Warranty Deed
$1,557,120 · 5star Bank
May 9, 2006
$1,700,000
Jeln LLC
Trison LP
Special Warranty Deed
$1,360,000 · Mountain States Bank
Feb 20, 2001
—
Trison LP
Genesis Family LP
Quit Claim Deed
related
—
Nov 16, 1999
$139,000
Genesis Family LP
Huston,john H
Grant Deed
$111,200 · Mega Bank
Jan 9, 1998
$126,000
John H Huston
String,propertie
Grant Deed
$70,000 · Firstbank Of South Jeffco
Jan 9, 1998
—
John H Huston
String Properties LLC
Grant Deed
$70,000 · Firstbank S Jeffco
—
—
Genesis Family LP
—
Deed Of Trust
related
$100,000 · American Home Lenders Corp
—
—
Trison LP
—
Deed Of Trust
related
$164,489 · Community First National Bank
—
—
Trison LP
—
Deed Of Trust
related
$700,000 · Front Range Bank
—
—
Trison LP
—
Deed Of Trust
related
$2,520,000 · Commercial Federal 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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