Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2815 Belleview Ave Littleton, CO 80123-2954

    • Retail space
    • 13,840 SF
    • 3.02 lot acres
    OFF-MARKET
    Last Sale
    Sep 23, 2020
    $1,401,100
    Value Estimations
    $1,580,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1002423
    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

    • Metro by T-Mobile / Cell Phone Store / Cell Phone Accessory Store

    Property Details for 2815 Belleview Ave

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.02 lot acres
    Property size
    13,840 SF
    Property type
    Retail space
    APN
    2077-08-4-07-001
    APU
    207708407001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,580,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.023
    Latitude
    39.6252
    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
    $161,661
    $0.00
    $0.00
    $1,499,625
    -
    $1,970,415
    $3,434,585
    $5,405,000

    Comparable in this City

    • Value Estimation by Request
      53,589 SF

      9126 Bowles Ave

      Lifestyle centers • 53,589 SF
      9126 Bowles Ave, Littleton, CO 80123
      View Details
    • Value Estimation
      $385,000
      6,212 SF

      5846 Wadsworth Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,212 SF
      5846 Wadsworth Blvd, Littleton, CO 80123-2362
      View Details
    • Value Estimation
      $640,000
      14,044 SF

      6475 Kipling Way

      RETAIL STORES (PERSONAL SERVICES) • 14,044 SF
      6475 Kipling Way, Littleton, CO 80123-3327
      View Details
    • Value Estimation
      $375,000
      12,000 SF

      5392 Wadsworth Blvd

      RETAIL STORES (PERSONAL SERVICES) • 12,000 SF
      5392 Wadsworth Blvd, Littleton, CO 80123-1203
      View Details
    • Value Estimation
      $5,185,000
      24,412 SF

      9116 Bowles Ave

      RETAIL STORES (PERSONAL SERVICES) • 24,412 SF
      9116 Bowles Ave, Littleton, CO 80123-8611
      View Details
    • Value Estimation
      $565,000
      24,880 SF

      9719 Coal Mine Ave

      RETAIL STORES (PERSONAL SERVICES) • 24,880 SF
      9719 Coal Mine Ave, Littleton, CO 80123-8004
      View Details

    Similar Nearby for Sale

    • $50,000

      Established Hair Salon Asset Sale

      Thriving hair salon with loyal clientele and excellent reputation.
      5190 S Lowell Blvd, Littleton, CO 80123
      View Details
    • $5,500,000
      70,494 SF

      Former Department Store in Littleton

      172,773 SF space in Southwest Plaza for sale.
      8501 W Bowles Ave, Littleton, CO 80123
      View Details
    • $405,000
      1,279 SF

      Littleton Townhome Near Downtown

      Two-bedroom, two-bath townhome near downtown Littleton with community amenities.
      2757 W Riverwalk Cir, Littleton, CO 80123
      View Details
    • $349,950
      1,028 SF

      Lakeshore Village Ranch Condo

      Two-bedroom, two-bath ranch condo with updated features and community amenities.
      4385 S Balsam St, Littleton, CO 80123
      View Details
    • $275,000

      Updated Condo with Mountain Views

      Spacious 1-bedroom condo with mountain views and updated features.
      4760 S Wadsworth Blvd, Littleton, CO 80123
      View Details
    • $5,700,000
      31,858 SF

      Littleton Redevelopment Opportunity

      31,858 SF Specialty Building in Littleton, Colorado for sale.
      9700 Old Coal Mine Ave, Littleton, CO 80123
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      1,294 SF

      Retail Space on Bowles Avenue

      Retail space available for lease in Littleton, Colorado.
      8936-8996 W Bowles Ave, Littleton, CO 80123
      View Details
    • $13 SF/Yr
      45,748 SF

      Columbine Shopping Center Retail Space

      High-traffic Littleton retail center; spaces available.
      3615 Bowles Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      2,296 SF

      Littleton Retail Spaces For Lease

      Retail spaces available in Littleton near Santa Fe Drive.
      2630 W Belleview Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Prime Location

      1400 SF retail space suitable for various businesses.
      5021 S Jellison Way, Littleton, CO 80123
      View Details
    • Contact for pricing
      1,988 SF

      Littleton Retail Space Available

      1,988 SF retail space in shadow-anchored center.
      2755 West Belleview Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      53,558 SF

      Southwest Commons Retail Space

      Denver Retail Center: Multiple Spaces Available
      8601 Cross Dr, Denver, CO 80123
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2815 Belleview Ave
    Littleton, CO 80123-2954
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.