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Property profile & analytics
OFF-MARKET
Estimated value
$4,125,000
Life science properties
7921 Shaffer Pkwy Littleton, CO 80127-3734
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-1142115
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
2007
Construction
STEEL FRAME
Total area
8,196 SF
Lot
1.73 ac (75,297 SF)
APN
59-324-01-054
UPID
US13-1142115
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
Current use
Occupant on record · Public records
-
Applied Research Associates Inc Engineering Consultant Engineer
-
Social Systems Division Research Institute
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.37M
Blend (final)
Blend
$4.13M
Owner & transaction history
Phoenix LP · 12 yrs held
Phoenix LP
since 2014
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+103.6%
Auto repair, garage
$4.4M
+94.2%
Neighborhood: shopping center
$3.8M
+65.9%
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 Littleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Littleton 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
RESTAURANT
$4,635,000
Change: +104% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,420,000
Change: +94% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,780,000
Change: +66% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,675,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$4.13M
Range $3.71M – $4.54M · ±10% · vs last sale $4.50M (Mar 10 2024)
Last sale anchor
$4.50M
Mar 10 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
$503 / 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
$170,526
Tax year 2023
Assessed value
$1,768,135
Assessed 2023
Previous assessed
$1,768,135
+0.0% YoY
Effective rate
9.64%
On assessed value
Assessed land
$168,063
Assessed improvement
$1,600,072
Land market value
$602,376
Improvement market value
$5,765,024
Total market value
$6,367,400
Applied tax rate
4,844.0000
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Units
1
Total area
8,196 SF
Lot
1.73 ac (75,297 SF)
APN
59-324-01-054
UPID
US13-1142115
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$4.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Units
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Phoenix LP
Entity
Mailing address
1499 BLAKE ST STE 1D, DENVER, CO 80202-1356
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2014
$3,175,000
Phoenix LP
Shaffer Greens LLC
Grant Deed
—
Aug 17, 2010
—
Shaffer Greens LLC
—
Trustees Deed
related
$2,224,000 · Firstbank Of Lakewood
Mar 9, 2010
—
Shaffer Greens LLC
—
Deed Of Trust
related
$2,732,086 · Firstbank Of Lakewood
Aug 4, 2009
—
Shaffer Greens LLC
—
Deed Of Trust
related
$3,975,000 · First Bank
Feb 11, 2008
—
Shaffer Greens LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Shaffer Greens LLC
—
Loan Modification
related
$16,000 · Firstbank NA
—
—
Shaffer Greens LLC
—
Deed Of Trust
related
$31,893 · Firstbank NA
—
—
Shaffer Greens LLC
—
Deed Of Trust
related
$2,762 · Firstbank NA
—
—
Shaffer Greens LLC
—
Deed Of Trust
related
$31,893 · Firstbank NA
—
—
Shaffer Greens LLC
—
Loan Modification
related
$383,870 · Firstbank NA
—
—
Shaffer Greens LLC
—
Loan Modification
related
$2,160,014 · Firstbank NA
—
—
Shaffer Greens LLC
—
Deed Of Trust
related
$2,762 · Firstbank NA
—
—
Shaffer Greens LLC
—
Deed Of Trust
related
$776,000 · Firstbank Of Lakewood
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
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