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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Life science properties
7035 Fulton St Centennial, CO 80112-3738
Trust Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2737472
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,000 SF
Lot
0.68 ac (29,621 SF)
Zoning code
AMU
APN
2075-27-1-07-003
UPID
US13-2737472
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$766k
Blend (final)
Blend
$1.15M
Owner & transaction history
The Ellison Zhang Family Trust · 2 yrs held
The Ellison Zhang Family Trust
since 2024
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
AMU · Centennial, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Municipal Code
Top alternative use upside
Office building
$1.7M
+120.8%
Auto repair, garage
$1.6M
+108.4%
Neighborhood: shopping center
$1.3M
+68.9%
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
$1,150,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$770,000
Current use
OFFICE BUILDING
$1,695,000
Change: +121% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,600,000
Change: +108% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,300,000
Change: +69% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,295,000
Change: +68% · Conversion: Difficult
RETAIL STORES
$1,285,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$1,215,000
Change: +58% · Conversion: Difficult
WAREHOUSE, STORAGE
$985,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Jun 6 2024)
Last sale anchor
$1.15M
Jun 6 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
$288 / 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
$15,702
Tax year 2023
Assessed value
$195,021
Assessed 2023
Previous assessed
$195,021
+0.0% YoY
Effective rate
8.05%
On assessed value
Land market value
$238,560
Improvement market value
$460,440
Total market value
$699,000
Applied tax rate
1,395.0000
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
2
Total area
4,000 SF
Lot
0.68 ac (29,621 SF)
Zoning code
AMU
APN
2075-27-1-07-003
UPID
US13-2737472
Jurisdiction
ARAPAHOE
Zoning & alternative use
AMU · Centennial, COZoning AMU · permitted uses
AMU · Centennial, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Municipal Code
Alternative use value scenarios
Repositioning upside vs current use
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$770,000
OFFICE BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$985,000
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
The Ellison Zhang Family Trust
Trust
Mailing address
17576 E KETTLE PL, CENTENNIAL, CO 80016-1829
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2024
$1,150,000
The Ellison Zhang Family Trust
Lillian Porter
Special Warranty Deed
$750,000 · Bokf NA
Jul 1, 2004
$595,000
Dong S Lee
Barat,jean P & Maria T
Grant Deed
$249,000 · Community First National Bank
Sep 3, 1998
$480,000
Jean P Barat
Mountian Billiards Sales Ser
Grant Deed
$627,500 · Zions First National Bank
—
—
Lillian Porter
—
Deed Of Trust
related
$227,377 · Bank Of The West
—
—
Dong S Lee
—
Deed Of Trust
related
$152,858 · Bank Of The West
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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