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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1500 Mineral Ave Littleton, CO 80120-5608

    • Assisted living facilities
    • 57,500 SF
    • 7.82 lot acres
    OFF-MARKET
    Value Estimations
    $3,670,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0871355
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Life Care Center of Littleton / Nursing Home
    • Jennifer Kramer / Physician
    • Dr. Jeannae Dergance / Geriatric Care Provider

    Property Details for 1500 Mineral Ave

    Year built
    1998
    Construction
    FRAME
    Lot size
    7.82 lot acres
    Property size
    57,500 SF
    Zone code
    LPDI
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    2077-33-4-03-052
    APU
    207733403052

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,670,000
      Market price range: $2.40M - $8.73M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.005
    Latitude
    39.5727
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $56,996
    $0.00
    $0.00
    $539,015
    -
    $3,240,000
    $4,860,000
    $8,100,000

    Comparable in this City

    • Value Estimation
      $5,565,000
      39,384 SF

      5844 Curtice St

      HOMES (RETIRED, NURSING) • 39,384 SF
      5844 Curtice St, Littleton, CO 80120-1935
      View Details
    • Value Estimation
      $9,435,000
      74,056 SF

      7800 Windermere St

      HOMES (RETIRED, NURSING) • 74,056 SF
      7800 Windermere St, Littleton, CO 80120-8022
      View Details
    • Value Estimation
      $1,855,000
      14,142 SF

      22 Dry Crk Cir

      MEDICAL BUILDING • 14,142 SF
      22 Dry Crk Cir, Littleton, CO 80120-4413
      View Details
    • Value Estimation
      $5,600,000
      17,636 SF

      991 Southpark Dr

      MEDICAL BUILDING • 17,636 SF
      991 Southpark Dr, Littleton, CO 80120-5688
      View Details
    • Value Estimation
      $2,235,000
      17,184 SF

      6 Dry Crk Cir

      MEDICAL BUILDING • 17,184 SF
      6 Dry Crk Cir, Littleton, CO 80120-8073
      View Details
    • Value Estimation
      $5,225,000
      41,240 SF

      1501 Mineral Ave

      MEDICAL BUILDING • 41,240 SF
      1501 Mineral Ave, Littleton, CO 80120-5713
      View Details

    Similar Nearby for Sale

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      Downtown Littleton Medical/Office Opportunity

      Two buildings on 0.94 acres near Main Street.
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      15,614 SF

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      1,756 SF

      Littleton Lofts Office Condo

      Stylish office condo in Littleton with flexible floor plan.
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      17,792 SF

      Littleton Office Building For Sale

      Office building in Southpark Business Centre, Littleton, Colorado.
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    • $500,000
      2,070 SF

      Littleton Office Suite For Sale

      Office suite built in 2008, located in Littleton, Colorado.
      791 Southpark Dr, Littleton, CO 80120
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      18,368 SF

      Doctors Care Medical Office Space

      South Denver Medical Office Suites Available
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    • $14 SF/Yr
      20,209 SF

      Littleton Office Space for Lease

      Modern SouthPark office, 3,250 SF available
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      View Details
    • $6 SF/Yr
      2,559 SF

      Littleton Office Space For Rent

      Second floor office suite with mountain views available for lease.
      8122 Southpark Ln, Littleton, CO 80120
      View Details
    • $14 SF/Yr
      6,368 SF

      Littleton Office Space For Rent

      First floor office space with separate outdoor entrance.
      1221 W Mineral Ave, Littleton, CO 80120
      View Details
    • $24 SF/Yr
      8,253 SF

      Littleton Office Space Available

      Sublease office space featuring mountain views and multiple offices.
      7901-7921 Southpark Plz, Littleton, CO 80120
      View Details
    • $15 SF/Yr
      14,906 SF

      Modern Office Space in Littleton

      Premier office space with highway access in Littleton, Colorado.
      20 W Dry Creek Cir, Littleton, CO 80120
      View Details
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    1500 Mineral Ave
    Littleton, CO 80120-5608
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    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
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