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

    15500 Broncos Pkwy Englewood, CO 80112-7112

    • Strip malls
    • 11,536 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimations
    $4,055,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1021504
    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

    • Broncos Parkway Wine & Spirits / Wine Store / Liquor Store
    • Rocky Nails / Nail Salon

    Property Details for 15500 Broncos Pkwy

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.39 lot acres
    Property size
    11,536 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    2073-32-2-27-006
    APU
    207332227006

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,056,000
      Market price range: $2.29M - $6.73M
      AI Estimate
      $4,056,000
      Market price range: $2.29M - $6.73M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,995,000
      Current use
      COMMERCIAL (GENERAL)
      $6,450,000
      Change: +61% Conversion: Easy
      RESTAURANT
      $5,620,000
      Change: +41% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $5,420,000
      Change: +36% Conversion: Difficult
      OFFICE BUILDING
      $4,895,000
      Change: +23% Conversion: Moderate
      RETAIL STORES
      $4,790,000
      Change: +20% Conversion: Easy
      MEDICAL BUILDING
      $3,560,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.808
    Latitude
    39.5753
    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
    $79,265
    $0.00
    $0.00
    $749,952
    -
    $302,565
    $2,415,435
    $2,718,000

    Comparable in this City

    • Value Estimation
      $4,225,000
      21,940 SF

      7286 Yosemite St

      SHOPPING CENTER, STRIP CENTER • 21,940 SF
      7286 Yosemite St, Centennial, CO 80112-2204
      View Details
    • Value Estimation
      $1,455,000
      6,301 SF

      9854 Zenith Meridian Dr

      SHOPPING CENTER, STRIP CENTER • 6,301 SF
      9854 Zenith Meridian Dr, Englewood, CO 80112-6333
      View Details
    • Value Estimation
      $1,115,000
      6,460 SF

      12509 Lincoln Ave, Unit 301

      SHOPPING CENTER, STRIP CENTER • 6,460 SF
      12509 Lincoln Ave, Englewood, CO 80112-4752
      View Details
    • Value Estimation
      $815,000
      3,251 SF

      10639 Briarwood Ave Ste C1

      SHOPPING CENTER, STRIP CENTER • 3,251 SF
      10639 Briarwood Ave Ste C1, Centennial, CO 80112-3898
      View Details
    • Value Estimation
      $8,920,000
      44,930 SF

      6800 Dallas Ct

      SHOPPING CENTER, STRIP CENTER • 44,930 SF
      6800 Dallas Ct, Greenwood Village, CO 80112-3622
      View Details
    • Value Estimation
      $2,725,000
      9,770 SF

      12073 Arapahoe Rd

      SHOPPING CENTER, STRIP CENTER • 9,770 SF
      12073 Arapahoe Rd, Centennial, CO 80112-3810
      View Details

    Similar Nearby for Sale

    • $13,790,595
      23.45 Acres

      Centennial Retail Land Investment

      High-traffic location, 23 acres, development potential.
      7199 Potomac St, Centennial, CO 80112
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    • Contact for pricing
      3,600 SF

      MODBlock: Centennial Industrial Units

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    • $3,636,457
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      Englewood Restaurant Property for Sale

      NNN restaurant property with long-term lease and rent increases.
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      140,416 SF

      Englewood Retail Center - Prime Location

      Large Retail Space, Ample Parking, Fitness Center
      9785 Maroon Cir, Englewood, CO 80112
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    • $150,000

      Turnkey Restaurant Opportunity For Sale

      Fully equipped restaurant with liquor license in high-traffic area.
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      View Details
    • $637,140
      2,228 SF

      Englewood Office Space: 88 Inverness

      2,228 SF Creative Office, Vacant
      88 Inverness Cir, Englewood, CO 80112
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      10,880 SF

      Centennial Retail and Office Space

      Office and retail spaces available in Centennial, Colorado.
      5730 E Otero Ave, Englewood, CO 80112
      View Details
    • Contact for pricing
      27,860 SF

      Englewood Retail Spaces For Lease

      Retail spaces available with high visibility and easy access.
      9555 E County Line Rd, Englewood, CO 80112
      View Details
    • Contact for pricing
      4,949 SF

      Anchored Shopping Center Retail Space

      Retail spaces in a shopping center anchored by Sprouts Farmers Market.
      8523-8575 E Arapahoe Rd, Greenwood Village, CO 80112
      View Details
    • Contact for pricing
      4,237 SF

      Englewood Retail Space For Lease

      Retail spaces available with prominent signage and easy access.
      9445 E County Line Rd, Englewood, CO 80112
      View Details
    • Contact for pricing
      5,200 SF

      Arapahoe County Airport Property

      5,200 SF Airport Facility Available
      7761 Peoria St, Englewood, CO 80112
      View Details
    • Contact for pricing
      19,681 SF

      Prime Front/Center Business Aviation Hangar

      Airport retail • 19,681 SF
      7761 Peoria St, Englewood, CO 80112
      View Details
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    15500 Broncos Pkwy
    Englewood, CO 80112-7112
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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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