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    2420 Main St, Unit 11 Littleton, CO 80120-1932
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    Property profile & analytics

    2420 Main St, Unit 11 Littleton, CO 80120-1932

    View on Map
    • Bars & Pubs
    • 3,893 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Feb 3, 2023
    $1,875,000
    Property ID
    US13-0761399
    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.
    Value Estimations
    $1,835,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Our lady of loreto church / Church / Mosque
    • TowPanda Towing SVC / Auto Parts Store
    • PlayForge / Electronics & Wireless Store / (Bike/Boat/Book/etc) Store
    • The Alley / Bar & Pub

    Property Details for 2420 Main St

    Year built
    1952
    Construction
    CONCRETE BLOCKS
    Lot size
    0.15 lot acres
    Property size
    3,893 SF
    Zone code
    PUD
    Property type
    Bars & Pubs
    Property subtype
    Pubs
    APN
    2077-17-4-06-005
    APU
    207717406005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,750,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,471,000
      Market price range: $1.18M - $3.73M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,200,000
      Current use
      COMMERCIAL (GENERAL)
      $2,700,000
      Change: +23% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,100,000
      Change: -5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.017
    Latitude
    39.6134
    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
    $23,060
    $0.00
    $0.00
    $259,749
    -
    $323,400
    $637,600
    $961,000

    Comparable in this City

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      $940,000
      4,544 SF

      5995 Santa Fe Dr

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    • Value Estimation
      $545,000
      2,352 SF

      2410 Main St

      BAR, TAVERN • 2,352 SF
      2410 Main St, Littleton, CO 80120-1911
      View Details
    • Value Estimation
      $1,235,000
      6,522 SF

      5642 Sycamore St

      BAR, TAVERN • 6,522 SF
      5642 Sycamore St, Littleton, CO 80120-1134
      View Details
    • Value Estimation by Request
      1,485 SF

      2530 Main St

      BAR, TAVERN • 1,485 SF
      2530 Main St, Littleton, CO 80120-1913
      View Details
    • Value Estimation
      $1,750,000
      6,058 SF

      2589 Main St

      BAR, TAVERN • 6,058 SF
      2589 Main St, Littleton, CO 80120-1912
      View Details
    • Value Estimation
      $2,105,000
      3,876 SF

      5858 Santa Fe Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,876 SF
      5858 Santa Fe Dr, Littleton, CO 80120-1815
      View Details

    Similar Nearby for Sale

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      2,483 SF

      Historic Downtown Littleton Live/Work Opportunity

      Unique live/work investment in historic downtown Littleton.
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      Littleton Retail/Office Investment Opportunity

      Fully leased retail/office property in a historic Littleton location.
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      Littleton Liquor Mart Business Opportunity

      Business opportunity in Littleton, Colorado.
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      Historic Littleton Retail/Office Investment

      Prime retail/office investment in a historic, high-visibility location.
      2560-2590 Main St, Littleton, CO 80120
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      2,136 SF

      Live/Work Property With Parking

      Live/work property featuring retail space and a two-bedroom home.
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      Littleton Office Building - Great Location

      Free-standing office, ample parking, new roof.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Investment Opportunity

      Retail property available for sale in Littleton, Colorado.
      2580 W Main St, Littleton, CO 80120
      View Details
    • Contact for pricing

      Retail Space Near Downtown Littleton

      Retail space available near downtown Littleton with ample parking.
      1350-1360 W Littleton Blvd, Littleton, CO 80120
      View Details
    • Contact for pricing
      5,469 SF

      Retail Space on Broadway

      Retail space available at Broadway and Mineral Avenue.
      91 West Mineral Ave, Littleton, CO 80120
      View Details
    • Contact for pricing
      1,556 SF

      Retail Space Near High-Traffic Areas

      Retail space with high visibility and accessibility in Littleton, CO.
      151 W Mineral Ave, Littleton, CO 80120
      View Details
    • Contact for pricing

      Retail Space For Lease

      6,000 RSF retail suite available for lease.
      209 W Littleton Blvd, Littleton, CO 80120
      View Details
    • Contact for pricing
      1,822 SF

      Retail Space Near High-Traffic Areas

      Retail space in a grocery-anchored shopping center with high visibility.
      181-191 W Mineral Ave, Littleton, CO 80120
      View Details

    Property Visit Statistics

    • Visits by month
      3.2k
    • Visitors by month
      3.3k
    • Avg Time on site
      31 min
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    Littleton, CO 80120-1932
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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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