5730 Otero Ave Centennial, CO 80112-6602
Property Lookup
Property profile & analytics
5730 Otero Ave Centennial, CO 80112-6602
- Strip malls
- 10,880 SF
- 0.62 lot acres
Property ID
US13-2809896
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.
Location Intelligence
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 5730 Otero Ave
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.62 lot acres
- Property size
- 10,880 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 2075-32-3-28-002
- APU
- 207532328002
Description
This exceptional value-add opportunity presents a 11,004 square foot shopping center in Centennial, Colorado's thriving Foxridge Plaza. The property, built in 1985, consists of a single building situated on a 27,190 square foot lot and features eight units, currently 65% occupied. Five retail spaces and one office space are currently leased to a diverse mix of established businesses including Inle Massage, Denver Doll Emporium, Kumon School, Colorado School of Acting, Brixton Barbers, and State Farm. An additional 3,844 square feet of office space is available for lease, presenting a significant opportunity for increased revenue. The property boasts 37 parking spaces, including covered parking, and benefits from a prime location with easy access from Holly Street and County Line Road. The existing Modified lease structure offers the potential for significant cash flow improvement through a transition to NNN leases. Prominent building and monument signage, along with the synergistic benefits of being located within a King Soopers anchored retail center, further enhance the property's appeal. This investment presents a compelling opportunity for both value-add investors seeking to increase revenue and property value, and owner-users looking to occupy available space while generating income from existing tenants. The asking price is $2,100,000, translating to $190.84 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,746,000
- AI Estimate
- $2,746,000
Market price range: $2.16M - $6.35MMarket price range: $2.16M - $6.35M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,770,000 Current use
- RETAIL STORES
- $4,520,000 Change: +20% Conversion: Easy
- MEDICAL BUILDING
- $3,360,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Centennial
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.921
- Latitude
- 39.5684
- 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
$53,860
$0.00
$0.00
$507,780
-
$271,900
$1,548,100
$1,820,000
