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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6603 Leetsdale Dr Denver, CO 80224

    • Strip malls
    • 15,064 SF
    • 1.32 lot acres
    For Lease
    View listing
    $26 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0700144
    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

    • Chicken Teriyaki / Sushi Restaurant / Japanese Restaurant
    • Teryiyaki Bowl / Restaurant
    • All Veterans Cremation / Funeral Home / Cremation Service
    • All-States Cremation / Funeral Home / Cremation Service
    • Metro by T-Mobile / Cell Phone Store / Cell Phone Accessory Store

    Property Details for 6603 Leetsdale Dr

    Year built
    1984
    Construction
    WOOD
    Lot size
    1.32 lot acres
    Property size
    15,064 SF
    Zone code
    S-CC-3
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    06174-07-080-000
    APU
    617407080000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.912
    Latitude
    39.7028
    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
    $66,369
    $312,700
    $543,830
    $856,530
    -
    $1,150,800
    $1,949,200
    $3,100,000

    Comparable in this City

    • Value Estimation
      $3,925,000
      26,898 SF

      990 1st St

      SHOPPING CENTER, STRIP CENTER • 26,898 SF
      990 1st St, Denver, CO 80224-1708
      View Details
    • Value Estimation
      $3,820,000
      26,518 SF

      909 1st St

      SHOPPING CENTER, STRIP CENTER • 26,518 SF
      909 1st St, Denver, CO 80224-3582
      View Details
    • Value Estimation by Request
      0.89 Acres

      900 Monaco Pkwy

      SHOPPING CENTER, STRIP CENTER • 0.89 Acres
      900 Monaco Pkwy, Denver, CO 80224-1601
      View Details
    • Value Estimation
      $3,735,000
      32,032 SF

      990 Monaco Pkwy

      REGIONAL SHOPPING CENTER, MALL • 32,032 SF
      990 Monaco Pkwy, Denver, CO 80224-1601
      View Details
    • Value Estimation
      $1,620,000
      5,795 SF

      7095 Evans Ave

      VEHICLE SALES, RENTALS • 5,795 SF
      7095 Evans Ave, Denver, CO 80224-2403
      View Details
    • Value Estimation by Request
      1,200 SF

      6550 Evans Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,200 SF
      6550 Evans Ave, Denver, CO 80224-2324
      View Details

    Similar Nearby for Sale

    • $1,395,000
      4,030 SF

      Prime Retail Property on Leetsdale

      Exceptional retail opportunity in Denver with high visibility and accessibility.
      5601 Leetsdale Dr, Denver, CO 80224
      View Details
    • Contact for pricing
      2,024 SF

      Denver Retail Pharmacy - Leetsdale Drive

      Prime Denver Retail Space, High Visibility
      6336 Leetsdale Dr, Denver, CO 80224
      View Details
    • $1,200,000
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      Denver Retail Property For Sale

      Freestanding retail building with high-traffic location and redevelopment potential.
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    • $315,000

      Updated Condo in Club Monaco

      Stylish, updated 2-bedroom condo with modern amenities and convenient location.
      1160 S Monaco Pkwy, Denver, CO 80224
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    • $600,000

      Denver Commercial Land - $600K

      0.44-acre corner lot, high-density area.
      2040 Oneida St, Denver, CO 80224
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    • $799,000

      Denver Development Opportunity For Sale

      Commercial mixed-use land for sale in Denver, Colorado.
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    Similar Nearby for Lease

    • Contact for pricing
      38,079 SF

      Neighborhood Center with Signage Opportunities

      Popular neighborhood center with easy access, ample parking, and great tenants.
      7150 Leetsdale Dr, Denver, CO 80224
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Denver Center

      Retail space available in a busy Denver shopping center.
      850-890 Monaco Pkwy, Denver, CO 80224
      View Details
    • $8,000 /Mo
      5,422 SF

      Retail Space on Leetsdale Drive

      Retail space with high visibility and walkable neighborhood.
      6336 Leetsdale Dr, Denver, CO 80224
      View Details
    • $26 SF/Yr
      1,680 SF

      Restaurant Space with Liquor License

      Restaurant space available with transferable liquor license in Denver.
      6603 Leetsdale Dr, Denver, CO 80224
      View Details
    • Contact for pricing
      5,923 SF

      South Lowry Marketplace Offices

      Retail & Office Spaces Available Now!
      7150 Leetsdale Dr, Denver, CO 80224
      View Details
    • $15 SF/Yr
      17,823 SF

      Denver Office Building - Owner-User Opportunity

      17,823 SF, fully occupied, renovated office building
      2015 Pontiac Way, Denver, CO 80224
      View Details

    Property Visit Statistics

    • Visits by month
      629
    • Visitors by month
      453
    • Avg Time on site
      20 min
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    6603 Leetsdale Dr
    Denver, CO 80224
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    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
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