Back to Search
Property profile & analytics
FOR LEASE
Life science properties
8122 Southpark Ln Littleton, CO 80120
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US13-0240547
-close up for ad.jpg)
For Lease
1 / 3
$16 SF/Yr
8122 Southpark Ln, Littleton, CO 80120
View Listing →
Property summary
AI-generated overview
This Littleton, CO, industrial property, Park Lane Business Center, offers flexible creative office space within a well-maintained mixed-use facility. Located at 8122 Southpark Ln, 80120, this single, two-story building encompasses 43,987 square feet on a 2.54-acre lot. The property features a total of 86 parking spaces and is zoned PDI/Light Industrial. Units range from a minimum of 805 square feet to a maximum contiguous space of 5,121 square feet, with three spaces currently available. Built in 1986, the building offers individual office suites with private entrances, providing 24-hour access. Enjoy abundant natural light from numerous windows, individual HVAC units, and fantastic mountain views. The first-year lease rate is $6.00 per square foot (NNN), increasing to $10.00 per square foot (NNN) for the second and third years. Second-floor access is via a walk-up staircase. This prime location is easily accessible via Santa Fe Drive (Hwy 85), I-25, and C-470, situated between Mineral and County Line Roads, just west of Broadway.
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
39,529 SF
Lot
2.54 ac (110,642 SF)
APN
2077-33-4-05-012
UPID
US13-0240547
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
-
TTM Technologies Denver East Factory Production Facility
-
Ballast Express Industrial Manufacturer Production Facility
-
NKE Engineering LLC Engineer
-
Raile Warrington Sales & Marketing Advertising Agency Marketing & Advertising
-
ACI Construction Services LLC. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.20M
Blend (final)
Blend
$4.56M
Owner & transaction history
Rhr Investment LLC · 22 yrs held
Rhr Investment LLC
since 2003
2 recorded transactions
Zoning & alternative use
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 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
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$7,185,000
Current use
Blend value · Realmo final
$4.56M
Range $4.10M – $5.01M · ±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
$115 / 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
$150,690
Tax year 2021
Assessed value
$1,919,520
Assessed 2023
Previous assessed
$1,603,120
+19.7% YoY
Effective rate
7.85%
On assessed value
Land market value
$1,107,290
Improvement market value
$5,802,710
Total market value
$6,910,000
Applied tax rate
747.0000
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
For Lease
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Bathrooms
17
Total area
39,529 SF
Lot
2.54 ac (110,642 SF)
APN
2077-33-4-05-012
UPID
US13-0240547
Jurisdiction
ARAPAHOE
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
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$7.2M
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Bathrooms
17
Lot
2.54 ac
Current owner
From public records · entity-resolved
Rhr Investment LLC
Entity
Mailing address
PO BOX 3955, EAGLE, CO 81631-3955
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2003
—
Rhr Investment LLC
First Industrial LP
Grant Deed
$2,100,000 · First Industrial LP
—
—
Rhr Investment LLC
—
Loan Modification
related
$1,450,000 · Royal Neighbors 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?”
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.
