Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$63,670,000
Community centers
8216 Northfield Blvd Denver, CO 80238-3116
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0781494
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2005
Construction
STEEL FRAME
Total area
310,044 SF
Lot
26.2 ac (1,141,146 SF)
Zoning code
C-MU-20
APN
01215-01-042-000
UPID
US13-0781494
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
-
YogaSix Northfield Gym & Fitness Center
-
H&M Clothing & Fashion Store
-
M. Vince' Nail Spa Nail Salon
-
Thompson Group Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$69.96M
Comparable Approach
Comparable
$54.80M
Blend (final)
Blend
$63.67M
Owner & transaction history
Scp Northfield Lot LLC · 4 yrs held
Scp Northfield Lot LLC
since 2022
Last sale
$66.0M
3 recorded transactions
Zoning & alternative use
C-MU-20 · 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
$61,600,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$75,790,000
6.5%
$69,960,000
7%
$64,960,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$100,630,000
Current use
COMMERCIAL (GENERAL)
$100,350,000
Change: 0% · Conversion: Easy
RETAIL STORES
$99,710,000
Change: -1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$96,380,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$94,145,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$63.67M
Range $57.30M – $70.04M · ±10% · vs last sale $66.00M (Jan 28 2022)
Last sale anchor
$66.00M
Jan 28 2022
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
$205 / 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
$574,630
Tax year 2023
Assessed value
$3,981,140
Assessed 2023
Previous assessed
$5,232,790
-23.9% YoY
Effective rate
14.43%
On assessed value
Assessed land
$3,980,860
Assessed improvement
$280
Land market value
$14,298,300
Improvement market value
$1,000
Total market value
$14,299,300
Applied tax rate
425.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
15
Stories
3
Units
5
Total area
310,044 SF
Lot
26.2 ac (1,141,146 SF)
Zoning code
C-MU-20
APN
01215-01-042-000
UPID
US13-0781494
Jurisdiction
DENVER
Zoning & alternative use
C-MU-20 · Denver, CO
Zoning C-MU-20 · permitted uses
C-MU-20 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$100.6M
COMMERCIAL (GENERAL)
Est. value
$100.4M
RETAIL STORES
Est. value
$99.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$96.4M
MEDICAL BUILDING
Est. value
$94.1M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL 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
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
15
Units
5
Lot
26.2 ac
Current owner
From public records · entity-resolved
Scp Northfield Lot LLC
Entity
Mailing address
8340 E NORTHFIELD BLVD UNIT #2600, DENVER, CO 80238-3184
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2026
—
Scp Northfield LLC
—
Deed
related
$125,000,000 · Bank Of America NA
Jan 28, 2022
—
Scp Northfield Lot LLC
Shops At Northfield Associates LLC
Special Warranty Deed
$140,244,000 · Western Alliance Bank
Jan 28, 2022
$66,000,000
Scp Northfield Lot LLC
Shops At Northfield Associates LLC
Special Warranty Deed
—
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 8216 Northfield Blvd?
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.
