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Property profile & analytics
OFF-MARKET Estimated value $9,270,000
Life science properties

6547 Racine Cir Centennial, CO 80111-6446

54,828 SF 3.93 ac lot Built 1996
Entity Owned 1-yr Hold Free & Clear
Property ID
US13-1130511
Property summary
AI-generated overview

This Centennial, CO property offers 3,802 square feet of versatile flex space, perfect for research and development or light industrial use. Located at 6547 S Racine Cir, #1700-#1800, this single-story building boasts an 18-foot ceiling height, three dock-high doors, and seventeen drive-in doors, providing ample space for various operations. The property sits on 3.93 acres and includes 190 total parking spaces. Built in 1996, the building features a reception/showroom area, multiple individual offices, restrooms, a break area, and a warehouse area. The current configuration is approximately 50% office space. The BP100 (Centennial) zoning allows for office, light industry with mitigated truck traffic and limited outside storage, and warehousing & logistics with a truck routing plan. Property taxes are $3.48 per square foot. The master lease expires August 31, 2027. This end-cap unit presents a unique opportunity in Arapahoe County (APN: 2075-24-3-12-001), with its combination of office and warehouse space, making it suitable for a variety of businesses. The total building size is 58,943 square feet.

Property profile
Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1996
Construction FRAME
Total area 54,828 SF
Lot 3.93 ac (171,191 SF)
Zoning code AMU
APN 2075-24-3-12-001
UPID US13-1130511
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.72M
Blend (final) Blend
$9.27M
Owner & transaction history
Btp II Arapahoe LLC · 1 yrs held
Btp II Arapahoe LLC
since 2024
Last sale
$9.1M
3 recorded transactions
2024
$10.5M
2020
$9.1M
2009
Price N/A
Zoning & alternative use
AMU · Centennial, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Municipal Code
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