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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Office buildings
6505 Paris St Centennial, CO 80111-6500
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1158455
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
FRAME
Total area
6,592 SF
Lot
0.51 ac (22,216 SF)
APN
2075-23-4-35-003
UPID
US13-1158455
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Centennial Realty LLC · 2 yrs held
Centennial Realty LLC
since 2024
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+115.0%
Auto repair, garage
$2.6M
+110.6%
Neighborhood: shopping center
$2.1M
+70.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Centennial submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centennial submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,800,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,695,000
Change: +115% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,640,000
Change: +111% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,140,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,135,000
Change: +70% · Conversion: Easy
RETAIL STORES
$2,120,000
Change: +69% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,050,000
Change: +63% · Conversion: Easy
MEDICAL BUILDING
$2,000,000
Change: +60% · Conversion: Easy
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (May 15 2024)
Last sale anchor
$2.80M
May 15 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$425 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,282
Tax year 2023
Assessed value
$221,526
Assessed 2023
Previous assessed
$221,526
+0.0% YoY
Effective rate
9.16%
On assessed value
Land market value
$176,416
Improvement market value
$647,584
Total market value
$824,000
Applied tax rate
1,410.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
NONE
Stories
1
Total area
6,592 SF
Lot
0.51 ac (22,216 SF)
APN
2075-23-4-35-003
UPID
US13-1158455
Jurisdiction
ARAPAHOE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.0M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
NONE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Centennial Realty LLC
Entity
Mailing address
1777 AVE OF THE STATES, LAKEWOOD, NJ 08701-6205
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2024
$2,800,000
Centennial Realty LLC
Tdf Investment LLC
Special Warranty Deed
—
Mar 27, 2023
—
Centennial Realty LLC
—
Deed
related
$11,400,000 · Bankwell Bank
Mar 14, 2023
—
Centennial Realty LLC
Tdf Investment LLC
Special Warranty Deed
—
Mar 8, 2023
—
Tdf Investment LLC
Centennial Ridge Holdings LLC
Special Warranty Deed
—
Jun 4, 2020
$1,900,000
Centennial Ridge Holdings LLC
Ridge 6505 LLC
Grant Deed
—
Apr 22, 2011
—
Ridge 6505 LLC
Ridge-centennial 63 INC
Quit Claim Deed
related
—
—
—
Ridge 6505 LLC
—
Deed Of Trust
related
$1,275,000 · Bellco Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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