Add Listing
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

    8601 Cross Dr, Unit A Denver, CO 80123-0702

    • Strip malls
    • 26,400 SF
    • 1.59 lot acres
    OFF-MARKET
    Value Estimations
    $4,390,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0906361
    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

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 8601 Cross Dr

    Year built
    1987
    Construction
    STEEL FRAME
    Lot size
    1.59 lot acres
    Property size
    26,400 SF
    Zone code
    B-4
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    09154-00-019-000
    APU
    915400019000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,455,000
      6.5%
      $5,955,000
      7%
      $5,530,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -105.096
    Latitude
    39.6152
    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
    2023
    $109,034
    $286,590
    $1,120,550
    $1,407,140
    -
    $1,057,200
    $4,016,300
    $5,073,500

    Comparable in this City

    • Value Estimation
      $6,880,000
      24,000 SF

      8246 Bowles Ave

      SHOPPING CENTER, STRIP CENTER • 24,000 SF
      8246 Bowles Ave, Littleton, CO 80123-3097
      View Details
    • Value Estimation
      $5,665,000
      29,940 SF

      8100 Crestline Ave, Unit A

      SHOPPING CENTER, STRIP CENTER • 29,940 SF
      8100 Crestline Ave, Denver, CO 80123-1284
      View Details
    • Value Estimation by Request
      5,136 SF

      2727 Belleview Ave

      SHOPPING CENTER, STRIP CENTER • 5,136 SF
      2727 Belleview Ave, Littleton, CO 80123-2953
      View Details
    • Value Estimation
      $2,525,000
      6,396 SF

      2897 Belleview Ave

      SHOPPING CENTER, STRIP CENTER • 6,396 SF
      2897 Belleview Ave, Littleton, CO 80123-8937
      View Details
    • Value Estimation
      $16,180,000
      82,770 SF

      5066 Wadsworth Way

      SHOPPING CENTER, STRIP CENTER • 82,770 SF
      5066 Wadsworth Way, Littleton, CO 80123-1254
      View Details
    • Value Estimation
      $1,970,000
      13,981 SF

      5180 Lowell Blvd

      SHOPPING CENTER, STRIP CENTER • 13,981 SF
      5180 Lowell Blvd, Littleton, CO 80123-2971
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      108,727 SF

      Former Department Store in Littleton

      172,773 SF space in Southwest Plaza for sale.
      8501 W Bowles Ave, Littleton, CO 80123
      View Details
    • $50,000

      Established Hair Salon Asset Sale

      Thriving hair salon with loyal clientele and excellent reputation.
      5190 S Lowell Blvd, Littleton, CO 80123
      View Details
    • $375,000

      Denver Infill Development Opportunity

      Vacant land parcel in Southwest Denver with flexible zoning.
      9900 W Stanford Ave, Denver, CO 80123
      View Details
    • $5,700,000

      Littleton Redevelopment Opportunity

      31,858 SF Specialty Building in Littleton, Colorado for sale.
      9700 Old Coal Mine Ave, Littleton, CO 80123
      View Details
    • $800,000

      Land For Sale Littleton, CO

      Land available for purchase in Littleton, Colorado.
      13874 W Bowles Pl, Littleton, CO 80123
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Littleton Center

      Retail space available in established Littleton shopping center.
      8100 West Crestline Ave, Littleton, CO 80123
      View Details
    • Contact for pricing

      Retail Space in Littleton, Colorado

      Retail space available in established Coal Mine Shopping Center.
      6742 West Coal Mine Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      32,428 SF

      Belleview Ave Retail Space

      Littleton, CO Neighborhood Center
      2737 Belleview Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      43,539 SF

      Columbine Valley Retail Center

      Littleton, CO Retail Space Available
      5950 Platte Canyon Rd, Littleton, CO 80123
      View Details
    • Contact for pricing
      100,000 SF

      Lakewood Retail Center Investment

      High-traffic retail space available
      0 Nwc Of Wadsworth Blvd & Belleview Ave, Lakewood, CO 80123
      View Details
    • Contact for pricing

      Littleton Retail Spaces For Lease

      Retail spaces available in Littleton near Santa Fe Drive.
      2630 W Belleview Ave, Littleton, CO 80123
      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.
    8601 Cross Dr, Unit A
    Denver, CO 80123-0702
    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.
    Sign Up Successful!
    You now have access to more from Realmo!