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    5021 S Jellison Way Littleton, CO 80123
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    Property profile & analytics

    5021 S Jellison Way, Littleton, CO 80123

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    • Retail space
    • 5,504 SF
    • 0.61 lot acres
    For Lease
    $975,000
    View Listing →
    Retail Space in Prime Location For Lease
    $975,000
    1,400 SF

    Retail Space in Prime Location

    1400 SF retail space suitable for various businesses.

    5021 S Jellison Way, Littleton, CO
    View Listing
    Property ID
    US13-0082443
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dunkin' / (Bike/Boat/Book/etc) Store / Bakery
    • Gloss Porta Toilet plan / Building Supply
    • Dr. Holland Killian / Dental Office
    • Holland Katheryn Killian / Dental Office
    • BLK Sheep Studios / Tattoo & Piercing Shop

    Property Details for 5021 S Jellison Way

    Year built
    2017
    Construction
    STEEL FRAME
    Lot size
    0.61 lot acres
    Property type
    Retail space
    APN
    59-103-02-007
    APU
    5910302007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 6, 2015 — 5021 Jellison LLC Mkhoury INC Quit Claim Deed · related $1.5M · Points West Community Bank
    Apr 22, 2011 $690,000 Mk Hollry INC Greenwood Capital Jellison LLC Special Warranty Deed $514k · Wells Fargo Bank NA
    Feb 5, 2010 $415,000 Greenwood Capital Jellison LLC Circle K Stores INC Grant Deed · related $265k · John C & Barbara J Richert
    Dec 15, 2006 $1,150,000 Circle K Stores INC Equilon Ents LLC Grant Deed —
    Oct 12, 2006 — Equilon Ents LLC Tmr Grant Deed · related —
    — — 5021 Jellison LLC — Loan Modification · related $1.6M · Points W Cmnty Bk
    — — 5021 Jellison LLC — Loan Modification · related $1.8M · Points W Cmnty Bk
    — — 5021 Jellison LLC — Loan Modification · related $1.8M · Points W Cmnty Bk
    — — 5021 Jellison LLC — Loan Modification · related $1.6M · Points W Cmnty Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,465,000
      6.5%
      $1,350,000
      7%
      $1,255,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,195,000
      Current use
      WAREHOUSE, STORAGE
      $1,470,000
      Change: +23% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.109
    Latitude
    39.6257
    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
    $61,991
    $174,665
    $526,239
    $700,904
    -
    $626,040
    $1,916,160
    $2,542,200

    Comparable in this City

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      14,044 SF

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      RETAIL STORES (PERSONAL SERVICES)
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      12,000 SF

      5392 Wadsworth Blvd

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      24,412 SF

      9116 Bowles Ave

      RETAIL STORES (PERSONAL SERVICES)
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    • Value Estimation
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      24,880 SF

      9719 Coal Mine Ave

      RETAIL STORES (PERSONAL SERVICES)
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    • Value Estimation
      $830,000
      7,071 SF

      5826 Wadsworth Blvd

      RETAIL STORES (PERSONAL SERVICES)
      5826 Wadsworth Blvd, Littleton, CO 80123-2360
      View Details
    • Value Estimation
      $3,700,000
      35,160 SF

      5375 Wadsworth Blvd

      RETAIL STORES (PERSONAL SERVICES)
      5375 Wadsworth Blvd, Littleton, CO 80123-2229
      View Details

    Similar Nearby for Sale

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    • New
      Contact for pricing
      43,719 SF

      Retail/Flex Opportunity

      Flexible retail configuration offers a versatile option for tenants seeking street-level storefront presence.
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      Home Depot Pad Carve-Out

      Commercial land available for development near retailers.
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      Littleton Horse Property Estate

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    Similar Nearby for Lease

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      Littleton Retail Spaces Available

      Multiple retail and restaurant spaces available in Littleton, Colorado.
      2650 West Belleview Ave, Littleton, CO 80123
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      1,400 SF

      Retail Space Near Southwest Plaza

      Retail space available in a high-traffic Littleton location.
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      25,600 SF

      Retail Space Near Southwest Plaza

      Retail space with high visibility near Southwest Plaza Mall.
      8601 W Cross Dr, Denver, CO 80123
      View Details
    • Contact for pricing
      10,200 SF

      Retail Space Near Southwest Plaza

      Retail/office units available across from Super Target and Southwest Plaza.
      9116-9126 W Bowles Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      17,528 SF

      Retail Space Near Southwest Plaza

      Retail space with high visibility near Southwest Plaza Mall.
      8500 W Crestline Ave, Denver, CO 80123
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    • Contact for pricing
      7,100 SF

      Retail Space Near Southwest Plaza

      Retail space available in high-traffic Littleton location.
      8500 W Crestline Ave, Littleton, CO 80123
      View Details
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    Littleton, CO 80123
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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.

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