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

    6797 Ottawa Ave Littleton, CO 80128-4545

    • Turn key restaurants
    • 2,785 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimations
    $370,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2810614
    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

    • Angie's Restaurant Littleton / Italian Restaurant / Family Restaurant

    Property Details for 6797 Ottawa Ave

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    1.04 lot acres
    Property size
    2,785 SF
    Property type
    Turn key restaurants
    APN
    59-252-04-006
    APU
    5925204006

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $350,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $392,000
      Market price range: $197k - $925k

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

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.072
    Latitude
    39.5924
    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
    $22,479
    $101,281
    $122,477
    $223,758
    -
    $363,016
    $468,984
    $832,000

    Comparable in this City

    • Value Estimation
      $335,000
      2,645 SF

      7470 Pierce St

      RESTAURANT • 2,645 SF
      7470 Pierce St, Littleton, CO 80128-4575
      View Details
    • Value Estimation
      $280,000
      2,071 SF

      7576 Pierce St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,071 SF
      7576 Pierce St, Littleton, CO 80128-5757
      View Details
    • Value Estimation
      $430,000
      4,046 SF

      9976 Remington Pl

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,046 SF
      9976 Remington Pl, Littleton, CO 80128-9282
      View Details
    • Value Estimation
      $410,000
      7,650 SF

      8286 Wadsworth Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 7,650 SF
      8286 Wadsworth Blvd, Littleton, CO 80128-9116
      View Details
    • Value Estimation
      $1,020,000
      49,178 SF

      6730 Pierce St

      SHOPPING CENTER, STRIP CENTER • 49,178 SF
      6730 Pierce St, Littleton, CO 80128-4574
      View Details
    • Value Estimation
      $365,000
      7,200 SF

      7964 Depew St

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      7964 Depew St, Littleton, CO 80128-5921
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      500 SF

      Columbine Shopping Center Retail Space

      Littleton, CO retail space & pad site.
      7580 Pierce St, Littleton, CO 80128
      View Details
    • $4,600,000
      37,458 SF

      Retail Property on Ken Caryl Avenue

      Retail property available for sale on Ken Caryl Avenue.
      9012 W Ken Caryl Ave, Littleton, CO 80128
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      0.39 Acres

      Columbine Retail Land Opportunity

      Littleton, CO: Prime Retail Development Site
      0 Ken Caryl Ave & Pierce St, Columbine, CO 80128
      View Details
    • $130,000

      Oversized Lots in Littleton Community

      Two adjacent lots in a rapidly developing area of Jefferson County.
      8329 S Carr Way, Littleton, CO 80128
      View Details
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      Garden-Level Condo in Stony Creek

      Bright 1-bed, 1-bath condo with outdoor access.
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      Littleton Townhome with Private Yard

      Move-in-ready townhome in Dakota Station with modern updates and private yard.
      9626 W Chatfield Ave, Littleton, CO 80128
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    Similar Nearby for Lease

    • Contact for pricing
      6,050 SF

      Retail Space Available For Lease

      Retail space for lease with ample parking and signage.
      9032 W Ken Caryl Ave, Littleton, CO 80128
      View Details
    • $20 SF/Yr
      4,115 SF

      Retail Space in Littleton, CO

      Retail space available in affluent suburban community.
      6671-6745 W Ken Caryl Ave, Littleton, CO 80128
      View Details
    • Contact for pricing
      1,296 SF

      Retail Space in Littleton Center

      Retail space available in a King Soopers anchored shopping center.
      8176 S Wadsworth Blvd, Littleton, CO 80128
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail property available for lease in Littleton, Colorado.
      4760 West Mineral Ave, Littleton, CO 80128
      View Details
    • Contact for pricing
      1,307 SF

      Retail Space Available For Rent

      Retail space available for rent in Littleton, Colorado.
      8156 S Wadsworth Blvd, Littleton, CO 80128
      View Details
    • $15 SF/Yr
      2,400 SF

      Retail Space in Littleton Corridor

      Prime retail space in a thriving Littleton retail corridor.
      7580 S Pierce St, Littleton, CO 80128
      View Details
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    6797 Ottawa Ave
    Littleton, CO 80128-4545
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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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