New search
Property profile & analytics
FOR LEASE
Medical Office Space
8101 East Lowry Blvd Denver, CO 80230
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US13-2730665
For Lease
1 / 3
$13,120,000
8101 East Lowry Blvd, Denver, CO 80230
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
CONCRETE
Total area
80,764 SF
Lot
5.4 ac (235,032 SF)
Zoning code
CMX
APN
06091-00-033-000
UPID
US13-2730665
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
-
Beebe Orthodontics Dental Office
-
Center for Multisystem Disease Medical Clinic
-
Andrew Apple, MD Physician
-
Murtaza Adam Ophthalmologist
-
Ashleigh Levison Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.46M
Comparable Approach
Comparable
$8.80M
Blend (final)
Blend
$13.12M
Owner & transaction history
Hr Lowry Medical Center Spe Ll · 15 yrs held
Hr Lowry Medical Center Spe Ll
since 2010
4 recorded transactions
Zoning & alternative use
CMX · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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%
$17,835,000
6.5%
$16,460,000
7%
$15,285,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$20,670,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$13.12M
Range $11.81M – $14.43M · ±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
$162 / 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
$456,928
Tax year 2023
Assessed value
$5,571,630
Assessed 2023
Previous assessed
$5,510,000
+1.1% YoY
Effective rate
8.20%
On assessed value
Assessed land
$2,352,300
Assessed improvement
$3,219,330
Land market value
$8,461,200
Improvement market value
$11,538,800
Total market value
$20,000,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2004
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
4
Total area
80,764 SF
Lot
5.4 ac (235,032 SF)
Zoning code
CMX
APN
06091-00-033-000
UPID
US13-2730665
Jurisdiction
DENVER
Zoning & alternative use
CMX · Denver, CO
Zoning CMX · permitted uses
CMX · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$20.7M
OFFICE BUILDING
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
2004
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Lot
5.4 ac
Current owner
From public records · entity-resolved
Hr Lowry Medical Center Spe Ll
Individual
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2010
$22,800,000
Hr Lowry Medical Center Spe Ll
Lowry Medical Center LLC
Grant Deed
—
Sep 17, 2004
—
Denver Fitness Lowry
—
Trustees Deed
related
$4,020,000 · Pacific Western National Bank
Aug 12, 2004
$1,645,224
Lowry Medical Center LLC
Lowry Economic Redev Authority
Grant Deed
related
—
—
—
Lowry Medical Center LLC
—
Deed Of Trust
related
$15,875,000 · General Electric Capital Corp
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?”
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.
