Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8117 Southpark Cir Littleton, CO 80120-5666

    • Life science properties
    • 10,384 SF
    • 1.11 lot acres
    OFF-MARKET
    Last Sale
    Jun 02, 2021
    $2,100,000
    Value Estimations
    $2,095,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2809002
    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

    • Rock Plumbing, Heating & Air Conditioning / Heating Equipment Supplier / Plumber

    Property Details for 8117 Southpark Cir

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    1.11 lot acres
    Property size
    10,384 SF
    Zone code
    LPDI
    Property type
    Life science properties
    APN
    2077-32-3-03-019
    APU
    207732303019

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,085,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,726,000
      Market price range: $1.48M - $2.28M

    • Alternative Use

      Use
      Estimation
      R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
      $1,885,000
      Current use
      MEDICAL BUILDING
      $3,085,000
      Change: +63% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $3,015,000
      Change: +60% Conversion: Difficult
      WAREHOUSE, STORAGE
      $2,770,000
      Change: +47% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.029
    Latitude
    39.5701
    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
    2021
    $44,893
    $0.00
    $0.00
    $534,285
    -
    $483,110
    $1,461,890
    $1,945,000

    Comparable in this City

    • Value Estimation
      $5,745,000
      56,115 SF

      5001 Zuni St

      R&D FACILITY, LABS, PHARMA • 56,115 SF
      5001 Zuni St, Littleton, CO 80120-1071
      View Details
    • Value Estimation
      $5,045,000
      42,266 SF

      8022 Southpark Cir

      R&D FACILITY, LABS, PHARMA • 42,266 SF
      8022 Southpark Cir, Littleton, CO 80120-5657
      View Details
    • Value Estimation
      $3,165,000
      21,004 SF

      8152 Southpark Ln

      R&D FACILITY, LABS, PHARMA • 21,004 SF
      8152 Southpark Ln, Littleton, CO 80120-4800
      View Details
    • Value Estimation
      $1,765,000
      13,507 SF

      8080 Southpark Ln

      R&D FACILITY, LABS, PHARMA • 13,507 SF
      8080 Southpark Ln, Littleton, CO 80120-5640
      View Details
    • Value Estimation
      $4,555,000
      39,529 SF

      8122 Southpark Ln

      R&D FACILITY, LABS, PHARMA • 39,529 SF
      8122 Southpark Ln, Littleton, CO 80120-4546
      View Details
    • Value Estimation
      $2,650,000
      24,872 SF

      8257 Southpark Cir

      R&D FACILITY, LABS, PHARMA • 24,872 SF
      8257 Southpark Cir, Littleton, CO 80120-5723
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,493 SF

      Littleton Office/Flex Space Available

      Single tenant office/flex space in Littleton, Colorado.
      5800 S Nevada St, Littleton, CO 80120
      View Details
    • $3,150,000
      13,900 SF

      Littleton Industrial/Manufacturing Investment Opportunity

      13,900 SF building zoned DMU in Littleton, Colorado.
      5801 S Curtice St, Littleton, CO 80120
      View Details
    • Contact for pricing
      168,020 SF

      Littleton Flex / Industrial Space

      168,020 SF flex/industrial property in Littleton, Colorado.
      5400 S Delaware St, Littleton, CO 80120
      View Details
    • $80,000
      864 SF

      Charming Home in Wolhurst Lake

      Move-in ready home with lake access and community amenities.
      8201 S Santa Fe Dr, Littleton, CO 80120
      View Details
    • $2,650,000

      Highline Professional Center Land Opportunity

      Infill opportunity in Highline Professional Center for various developments.
      16 W Dry Creek Cir, Littleton, CO 80120
      View Details
    • Contact for pricing
      8,558 SF

      Littleton Retail/Office Investment Opportunity

      Fully leased retail/office property in a historic Littleton location.
      2500 S Nevada St, Littleton, CO 80120
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      52,581 SF

      Littleton Industrial Warehouse Space

      Multiple Units, 2,752-12,204 SF
      8100 Southpark Way, Littleton, CO 80120
      View Details
    • Contact for pricing
      12,221 SF

      Littleton Industrial Space For Lease

      Recently renovated industrial space with convenient access to transportation routes.
      2109 W Chenango Ave, Littleton, CO 80120
      View Details
    • Contact for pricing
      15,871 SF

      Littleton Retail Center - 10 Spaces Available

      Prime Littleton retail & office space. Multiple sizes, excellent location.
      1500 Littleton Blvd, Littleton, CO 80120
      View Details
    • $19 SF/Yr
      2,010 SF

      Littleton Office Space For Rent

      Office space available in Littleton, Colorado, with customizable build-out.
      991 Southpark Dr, Littleton, CO 80120
      View Details
    • Contact for pricing
      1,034 SF

      Main Street Office and Retail

      Office and retail spaces with mountain views and parking.
      2679 W Main St, Littleton, CO 80120
      View Details
    • $56 SF/Yr
      12,772 SF

      Regus Kellogg Center Office Suites

      Flexible Workspaces, Arapahoe County
      26 Dry Creek Cir, Littleton, CO 80120
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8117 Southpark Cir
    Littleton, CO 80120-5666
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.