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    Property profile & analytics

    23 Centennial Blvd Highlands Ranch, CO 80129-2323

    • Turn key restaurants
    • 5,162 SF
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    $5,460,000
    Last Sale
    Jul 24, 2024
    $5,500,000
    Location Intelligence
    Property ID
    US13-0949798
    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

    • Turn key restaurants

    Property Details for 23 Centennial Blvd

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.18 lot acres
    Property size
    5,162 SF
    Property type
    Turn key restaurants
    APN
    R0332776
    APU
    R0332776

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,075,000
      6.5%
      $5,915,000
      7%
      $6,065,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,390,000
      Geo Method
      $5,580,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,200,000
      Retail
      $4,255,000
      Mixed-Use
      $5,110,000
      Hospitality
      $5,270,000
      Educational
      $5,700,000
      Residential Income
      $5,380,000
      Energy
      $5,715,000
      Income-Based Land
      $4,450,000
      Food Service
      $5,070,000

    Location Insight

    • Map
    • Local Demand
    City
    Highlands Ranch
    County
    Douglas
    State
    Colorado
    Longitude
    -104.988
    Latitude
    39.5629
    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
    2023
    $41,893
    $205,980
    $247,680
    $453,660
    -
    $738,288
    $887,742
    $1,626,030

    Comparable in this City

    • Value Estimation
      $680,000
      6,334 SF

      980 Sgt Jon Stiles Dr

      RESTAURANT • 6,334 SF
      980 Sgt Jon Stiles Dr, Highlands Ranch, CO 80129-2274
      View Details
    • Value Estimation by Request
      3,900 SF

      3005 County Line Rd

      RESTAURANT • 3,900 SF
      3005 County Line Rd, Highlands Ranch, CO 80129-1908
      View Details
    • Value Estimation
      $660,000
      9,554 SF

      63 Centennial Blvd

      RESTAURANT • 9,554 SF
      63 Centennial Blvd, Highlands Ranch, CO 80129-2323
      View Details
    • Value Estimation
      $8,660,000
      10,071 SF

      43 Centennial Blvd

      RESTAURANT • 10,071 SF
      43 Centennial Blvd, Highlands Ranch, CO 80129-2323
      View Details
    • Value Estimation
      $1,030,000
      6,228 SF

      15 Springer Dr

      RESTAURANT • 6,228 SF
      15 Springer Dr, Highlands Ranch, CO 80129-2315
      View Details
    • Value Estimation
      $1,110,000
      6,192 SF

      35 Springer Dr

      RESTAURANT • 6,192 SF
      35 Springer Dr, Highlands Ranch, CO 80129-2315
      View Details

    Similar Nearby for Sale

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      Two fully furnished units with 50's diner and saloon.
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      Two furnished storage units with 50's diner and saloon.
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      Highlands Ranch Retail Opportunity

      Retail space in affluent Highlands Ranch with high traffic.
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      Versatile Flex Space with Pull-Through

      Rare commercial condo in thriving hub, adaptable and highly functional.
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      Maintenance-free living with urban conveniences and designer enhancements.
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    Similar Nearby for Lease

    • $22 SF/Yr
      2,155 SF

      Retail Space in Littleton, Colorado

      Retail space available for lease in Littleton, Colorado.
      151 W County Line Rd, Littleton, CO 80129
      View Details
    • $18 SF/Yr
      52,938 SF

      Southpark Centre Retail Space

      Littleton Strip Mall with High Visibility
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      View Details
    • $32 SF/Yr
      1,000 SF

      Retail Building on Pad Available

      1,000 SF retail building for lease in Highlands Ranch.
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    • $15 SF/Yr
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      Highlands Ranch Flex/Office Space

      Flex/office space in Highlands Ranch with easy highway access.
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    • Contact for pricing
      74,875 SF

      Highlands Ranch Office Space Available

      Modern Offices, Prime Location, 1,246-4,040 SF
      200 Plaza Dr, Highlands Ranch, CO 80129
      View Details
    • $22 SF/Yr
      4,138 SF

      Highlands Ranch Office Space Available

      Office space with mountain and downtown views for rent.
      1745 Shea Center Dr, Highlands Ranch, CO 80129
      View Details
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    23 Centennial Blvd
    Highlands Ranch, CO 80129-2323
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    Realmo Value Estimation

    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.

    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.

    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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