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Property profile & analytics
OFF-MARKET
Estimated value
$73,500,000
Retail space
8525 Arapahoe Rd Greenwood Village, CO 80112-1401
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-2824660
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
165,711 SF
Lot
16.22 ac (706,543 SF)
APN
2075-21-4-18-001
UPID
US13-2824660
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$46.07M
Comparable Approach
Comparable
$94.42M
Blend (final)
Blend
$73.50M
Owner & transaction history
Arapahoe Station LLC · 4 yrs held
Arapahoe Station LLC
since 2021
Last sale
$66.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$92.6M
+34.6%
Restaurant
$80.7M
+17.3%
Auto repair, garage
$77.9M
+13.1%
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 Greenwood Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenwood Village 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
$73,115,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$49,900,000
6.5%
$46,065,000
7%
$42,775,000
Alternative Use
Use
Estimation
RETAIL STORES
$68,835,000
Current use
COMMERCIAL (GENERAL)
$92,625,000
Change: +35% · Conversion: Easy
RESTAURANT
$80,710,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$77,865,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$70,310,000
Change: +2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$57,390,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$73.50M
Range $66.15M – $80.85M · ±10% · vs last sale $66.50M (Oct 22 2021)
Last sale anchor
$66.50M
Oct 22 2021
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
$444 / 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
$1,158,499
Tax year 2021
Assessed value
$16,448,445
Assessed 2023
Previous assessed
$13,909,560
+18.3% YoY
Effective rate
7.04%
On assessed value
Land market value
$21,196,290
Improvement market value
$37,788,710
Total market value
$58,985,000
Applied tax rate
1,617.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
EVAPORATIVE
Buildings
6
Stories
1
Bathrooms
174
Total area
165,711 SF
Lot
16.22 ac (706,543 SF)
APN
2075-21-4-18-001
UPID
US13-2824660
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
RETAIL STORES Current
Est. value
$68.8M
COMMERCIAL (GENERAL)
Est. value
$92.6M
RESTAURANT
Est. value
$80.7M
AUTO REPAIR, GARAGE
Est. value
$77.9M
OFFICE BUILDING
Est. value
$70.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$57.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Bathrooms
174
Lot
16.22 ac
Current owner
From public records · entity-resolved
Arapahoe Station LLC
Entity
Free & Clear · 4 yrs held
Mailing address
11501 NORTHLAKE DR, CINCINNATI, OH 45249-1669
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2021
$66,500,000
Arapahoe Station LLC
Clpf Ksa Grocery Portfolio Greenwoo
Special Warranty Deed
—
Feb 3, 2017
—
Clpf-ksa Grocery Portfolio Gre
—
Grant Deed
related
$99,117,000 · Miscellaneous Ins Co
Nov 9, 2016
$68,745,000
Clpf-ksa Grocery Portfolio Gre
Loja Arapahoe LLC
Grant Deed
—
Dec 22, 2010
—
Arapahoe Marketplace 03 LLC
—
Deed Of Trust
related
$26,000,000 · Wells Fargo Bank
Jun 23, 2003
$29,950,000
Faticony Revex 401 LLC
Preef America Reit Corp
Grant Deed
$29,092,156 · Arapahoe Marketplace LLC
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.
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