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

    6553 Revere Pkwy Centennial, CO 80111-6408

    • Specialty properties
    • 12,250 SF
    • 3.06 lot acres
    OFF-MARKET
    Last Sale
    Aug 26, 2021
    $2,750,000
    Value Estimations
    $2,750,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0694415
    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

    • Isalis / Women'S Clothing Store / Jewelry Store
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 6553 Revere Pkwy

    Year built
    1994
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.06 lot acres
    Property size
    12,250 SF
    Property type
    Specialty properties
    APN
    2075-24-3-04-015
    APU
    207524304015

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,025,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $4,430,000
      NEIGHBORHOOD: SHOPPING CENTER
      $4,245,000
      MEDICAL BUILDING
      $3,780,000
      APARTMENT HOUSE (5+ UNITS)
      $3,505,000
      WAREHOUSE, STORAGE
      $2,575,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Centennial
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.841
    Latitude
    39.5966
    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
    $45,905
    $0.00
    $0.00
    $652,581
    -
    $549,170
    $1,819,830
    $2,369,000

    Comparable in this City

    • Value Estimation by Request
      1.47 Acres

      6301 Fiddlers Grn Cir

      CHARITABLE ORGANIZATION • 1.47 Acres
      6301 Fiddlers Grn Cir, Greenwood Village, CO 80111-4917
      View Details
    • Value Estimation
      $7,600,000
      106,260 SF

      6278 Troy Cir

      CHARITABLE ORGANIZATION • 106,260 SF
      6278 Troy Cir, Centennial, CO 80111-6422
      View Details
    • Value Estimation by Request
      35,736 SF

      7400 Caley Ave

      Medical offices • 35,736 SF
      7400 Caley Ave, Centennial, CO 80111
      View Details
    • Value Estimation
      $2,095,000
      8,068 SF

      6477 Lima St

      DAY CARE, PRE-SCHOOL • 8,068 SF
      6477 Lima St, Centennial, CO 80111-5806
      View Details
    • Value Estimation
      $3,385,000
      9,769 SF

      13331 Euclid Pl

      DAY CARE, PRE-SCHOOL • 9,769 SF
      13331 Euclid Pl, Centennial, CO 80111-6438
      View Details
    • Value Estimation
      $2,600,000
      10,000 SF

      6500 Peoria St

      DAY CARE, PRE-SCHOOL • 10,000 SF
      6500 Peoria St, Centennial, CO 80111-6443
      View Details

    Similar Nearby for Sale

    • $659,000
      5,522 SF

      Centennial Office Building - $659K

      Prime Centennial office space, 5,522 sq ft.
      7325 Peakview Ave, Centennial, CO 80111
      View Details
    • Contact for pricing
      110,000 SF

      Centennial Office Building Investment

      110,000 SF Nordstrom-Leased Office
      13531 Caley Ave, Centennial, CO 80111
      View Details
    • $300,000
      0.29 Acres

      Greenwood Village Retail Investment

      Prime Retail Lot, 31 Parking Spaces
      6581 Greenwood Plaza Blvd, Greenwood Village, CO 80111
      View Details
    • $275,000
      956 SF

      Greenwood Village Office For Sale

      Office space in Greenwood Village with recent capital improvements.
      5420 South Quebec St, Greenwood Village, CO 80111
      View Details
    • $1,150,000
      5,804 SF

      Greenwood Village Office Building For Sale

      Office building for sale in the heart of Greenwood Village.
      6070 Greenwood Plaza Blvd, Greenwood Village, CO 80111
      View Details
    • $5,900,000
      9,806 SF

      DTC Boulevard Restaurant - Greenwood Village

      Class A Restaurant, 9,806 SF, Vacant
      5336 Dtc Pkwy, Greenwood Village, CO 80111
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Maplewood Avenue Specialty Property

      Specialty property available for rent on Maplewood Avenue.
      8100 East Maplewood Ave, Greenwood Village, CO 80111
      View Details
    • $28 SF/Yr
      6,324 SF

      Prime Arapahoe Road Office Space

      Freestanding Office Building, 6,324 sq ft
      6649 Paris St, Centennial, CO 80111
      View Details
    • $20 SF/Yr
      35,736 SF

      Quebec Centre Medical Office Space

      Centennial medical office building, 3 suites available.
      7400 Caley Ave, Centennial, CO 80111
      View Details
    • $21 SF/Yr
      35,444 SF

      Centennial Office Space Available

      Modern Centennial office, 3,213 sq ft available.
      7430 Caley Ave, Centennial, CO 80111
      View Details
    • Contact for pricing
      4,728 SF

      Retail Showroom Near I-25

      Retail and flex showroom opportunity in Denver Tech Center.
      8745 E Orchard Rd, Greenwood Village, CO 80111
      View Details
    • $27 SF/Yr
      9,291 SF

      Class A Office Space

      162,000 square foot office property in Denver Tech Center.
      8101 E Prentice Ave, Greenwood Village, CO 80111
      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.
    6553 Revere Pkwy
    Centennial, CO 80111-6408
    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.