Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$11,855,000
Life science properties
7150 Fulton St Centennial, CO 80112-3775
Entity Owned
Absentee Owner
Free & Clear
Property ID
US13-0500708
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1998
Construction
CONCRETE
Total area
69,500 SF
Lot
7.36 ac (320,602 SF)
Zoning code
AMU
APN
2075-27-4-30-001
UPID
US13-0500708
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.85M
Blend (final)
Blend
$11.86M
Owner & transaction history
Nelnet Servicing LLC
Nelnet Servicing LLC
since 2025
7 recorded transactions
Zoning & alternative use
AMU · Centennial, CO
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
by Request
ML approach
by Request
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
$13,355,000
Current use
Blend value · Realmo final
$11.86M
Range $10.67M – $13.04M · ±10%
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
$171 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$221,101
Tax year 2021
Assessed value
$3,017,943
Assessed 2023
Previous assessed
$2,466,160
+22.4% YoY
Effective rate
7.33%
On assessed value
Land market value
$2,243,395
Improvement market value
$8,603,605
Total market value
$10,847,000
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
1998
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
69,500 SF
Lot
7.36 ac (320,602 SF)
Zoning code
AMU
APN
2075-27-4-30-001
UPID
US13-0500708
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
$13.4M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
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
1998
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
7.36 ac
Current owner
From public records · entity-resolved
Nelnet Servicing LLC
Entity
Free & Clear · 0 yrs held
Mailing address
121 S 13TH ST #100, LINCOLN, NE 68508-1904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2025
—
Nelnet Servicing LLC
Great Lakes Educational Loan Servic
Quitclaim Deed
related
—
May 3, 2019
—
Lba Realty Fund II-wbp IV LLC
—
Deed
related
$69,800,000 · Bank Of America
Jun 4, 2018
—
Lba Realty Fund II Wbp IV LLC
—
Grant Deed
related
$380,400,000 · Bank Of America
Feb 1, 2016
—
Lba Realty Fund II-wbp IV LLC
Lba Realty Fund II-co Xii LLC
Quit Claim Deed
$171,000,000 · Bank Of America
Jan 13, 2014
—
Lba Realty Fund II-co Xii LLC
Lba Realty Fund II-wbp III LLC
Quit Claim Deed
related
$254,000,000 · Bank Of America
May 5, 2006
—
Lba Realty Fund II-wbp III LLC
Bedford Property Investors INC
Grant Deed
$263,723,000 · Miscellaneous Ins Co
—
—
Lba Realty Fund II-wbp IV LLC
—
Loan Modification
related
$69,800,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7150 Fulton St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
