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Property profile & analytics
OFF-MARKET
Estimated value
$5,950,000
Drug stores
8959 Dry Crk Rd Centennial, CO 80112-2765
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-2747330
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,605 SF
Lot
1.63 ac (71,003 SF)
Zoning code
AMU
APN
2075-27-3-25-001
UPID
US13-2747330
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
by Request
Comparable Approach
Comparable
$5.21M
Blend (final)
Blend
$5.95M
Owner & transaction history
4 Seam LLC · 5 yrs held
4 Seam LLC
since 2021
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
AMU · Centennial, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.2M
+31.9%
Restaurant
$6.0M
+27.2%
Auto repair, garage
$5.9M
+24.5%
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 Centennial submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centennial 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
$6,595,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,695,000
Current use
OFFICE BUILDING
$6,195,000
Change: +32% · Conversion: Easy
RESTAURANT
$5,975,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,850,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,740,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,725,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,540,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$5.95M
Range $5.36M – $6.55M · ±10% · vs last sale $6.00M (Apr 19 2021)
Last sale anchor
$6.00M
Apr 19 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
$407 / 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
$97,391
Tax year 2021
Assessed value
$1,071,360
Assessed 2023
Previous assessed
$1,004,465
+6.7% YoY
Effective rate
9.09%
On assessed value
Land market value
$1,420,060
Improvement market value
$2,449,940
Total market value
$3,870,000
Applied tax rate
996.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
4
Total area
14,605 SF
Lot
1.63 ac (71,003 SF)
Zoning code
AMU
APN
2075-27-3-25-001
UPID
US13-2747330
Jurisdiction
ARAPAHOE
Zoning & alternative use
AMU · Centennial, CO
Zoning AMU · permitted uses
AMU · Centennial, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Centennial. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.7M
OFFICE BUILDING
Est. value
$6.2M
RESTAURANT
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
RETAIL STORES Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
4
Lot
1.63 ac
Current owner
From public records · entity-resolved
4 Seam LLC
Entity
Mailing address
6501 TIMBER WOLF TRL, PLANO, TX 75093-8095
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2021
$6,000,000
4 Seam LLC
8959 Centennial LLC
Special Warranty Deed
—
Apr 19, 2021
$749,700
8959 Centennial LLC
Inntel Corporation Of America
Special Warranty Deed
—
Feb 16, 2007
$4,600,000
Inntel Corp Of America
Creek Development Group LLC
Special Warranty Deed
$2,700,000 · Fidelity Bank
Oct 16, 2006
—
Creek Dev Group LLC
—
Trustees Deed
related
$3,320,000 · Colorado Capital Bank
Mar 27, 2006
—
Creek Dev Group LLC
Lima-lincoln Executive Center
Quit Claim Deed
related
—
Dec 14, 2005
$2,400,000
Lima-lincoln Executive Center
Jc Penney Corp INC
Grant Deed
$2,320,000 · Colorado Capital Bank
Jul 7, 2005
$6,100,000
J C Penney Corp INC
Lindley Garden Apartments-1 Ll
Grant 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
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