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

    621 Southpark Dr, Unit 4 Littleton, CO 80120-5676

    • Industrial properties
    • 4,080 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimations
    $1,045,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1301248
    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

    • Beabout Co / Electronic Parts Supplier
    • Apex Sourcing & Mfg. LLC / Company
    • Dr. Michael Norris / Chiropractor / Practitioner Service Location
    • Scott Hoery: Allstate Insurance / Motorcycle Insurance Agency / Renter'S Insurance Agency
    • SOS Technologies / Professional Services

    Property Details for 621 Southpark Dr

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.42 lot acres
    Property size
    4,080 SF
    Property type
    Industrial properties
    APN
    2077-34-3-12-001
    APU
    207734312001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,210,000
      Market price range: $903k - $1.25M
      AI Estimate
      $884,000
      Market price range: $531k - $1.10M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,040,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,415,000
      Change: +36% Conversion: Difficult
      MEDICAL BUILDING
      $1,210,000
      Change: +16% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,090,000
      Change: +5% Conversion: Easy
      OFFICE BUILDING
      $975,000
      Change: -6% Conversion: Difficult
      RETAIL STORES
      $885,000
      Change: -15% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.995
    Latitude
    39.569
    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
    $23,835
    $0.00
    $0.00
    $276,210
    -
    $276,615
    $743,385
    $1,020,000

    Comparable in this City

    • Value Estimation
      $510,000
      2,040 SF

      621 Southpark Dr, Unit 12

      CONDOMINIUMS (INDUSTRIAL) • 2,040 SF
      621 Southpark Dr, Littleton, CO 80120-5676
      View Details
    • Value Estimation
      $515,000
      2,070 SF

      791 Southpark Dr, Unit 3

      CONDOMINIUMS (INDUSTRIAL) • 2,070 SF
      791 Southpark Dr, Littleton, CO 80120-6400
      View Details
    • Value Estimation
      $515,000
      2,070 SF

      791 Southpark Dr, Unit 8

      CONDOMINIUMS (INDUSTRIAL) • 2,070 SF
      791 Southpark Dr, Littleton, CO 80120-6400
      View Details
    • Value Estimation
      $1,065,000
      4,140 SF

      791 Southpark Dr, Unit 9

      CONDOMINIUMS (INDUSTRIAL) • 4,140 SF
      791 Southpark Dr, Littleton, CO 80120-6400
      View Details
    • Value Estimation by Request
      1,630 SF

      1501 Campus Dr Ste H

      CONDOMINIUMS (INDUSTRIAL) • 1,630 SF
      1501 Campus Dr Ste H, Littleton, CO 80120-4535
      View Details
    • Value Estimation
      $565,000
      2,130 SF

      1501 Campus Dr Ste D

      CONDOMINIUMS (INDUSTRIAL) • 2,130 SF
      1501 Campus Dr Ste D, Littleton, CO 80120-4535
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,493 SF

      Littleton Office/Flex Space Available

      Single tenant office/flex space in Littleton, Colorado.
      5800 S Nevada St, Littleton, CO 80120
      View Details
    • Contact for pricing
      168,020 SF

      Littleton Flex / Industrial Space

      168,020 SF flex/industrial property in Littleton, Colorado.
      5400 S Delaware St, Littleton, CO 80120
      View Details
    • $3,150,000
      13,900 SF

      Littleton Industrial/Manufacturing Investment Opportunity

      13,900 SF building zoned DMU in Littleton, Colorado.
      5801 S Curtice St, Littleton, CO 80120
      View Details
    • $2,300,000
      15,614 SF

      Littleton Office Building - $2.3M

      Vacant, 15,614 SF Office Building in Littleton, CO
      141 Davies Ave, Littleton, CO 80120
      View Details
    • $1,699,900
      4,899 SF

      Littleton Office Building - Great Location

      Free-standing office, ample parking, new roof.
      5105 Santa Fe Dr, Littleton, CO 80120
      View Details
    • $745,000
      1,756 SF

      Littleton Lofts Office Condo

      Stylish office condo in Littleton with flexible floor plan.
      1950 W Littleton Blvd, Littleton, CO 80120
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,221 SF

      Littleton Industrial Space For Lease

      Recently renovated industrial space with convenient access to transportation routes.
      2109 W Chenango Ave, Littleton, CO 80120
      View Details
    • $13 SF/Yr
      52,581 SF

      Littleton Industrial Warehouse Space

      Multiple Units, 2,752-12,204 SF
      8100 Southpark Way, Littleton, CO 80120
      View Details
    • $16 SF/Yr
      18,368 SF

      Doctors Care Medical Office Space

      South Denver Medical Office Suites Available
      609 Littleton Blvd, Littleton, CO 80120
      View Details
    • $6 SF/Yr
      2,559 SF

      Littleton Office Space For Rent

      Second floor office suite with mountain views available for lease.
      8122 Southpark Ln, Littleton, CO 80120
      View Details
    • $14 SF/Yr
      6,368 SF

      Littleton Office Space For Rent

      First floor office space with separate outdoor entrance.
      1221 W Mineral Ave, Littleton, CO 80120
      View Details
    • $24 SF/Yr
      8,253 SF

      Littleton Office Space Available

      Sublease office space featuring mountain views and multiple offices.
      7901-7921 Southpark Plz, Littleton, CO 80120
      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.
    621 Southpark Dr, Unit 4
    Littleton, CO 80120-5676
    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.