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Property profile & analytics
OFF-MARKET
Estimated value
$4,375,000
Retail space
9116 Bowles Ave Littleton, CO 80123-8611
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1235405
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
STEEL FRAME
Total area
24,412 SF
Lot
4.19 ac (182,335 SF)
APN
59-222-01-072
UPID
US13-1235405
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
-
Carbon Health Urgent Care Littleton Medical Clinic
-
Tarot Corporate Office
-
Five10 Brow & Beauty Hair Salon
-
Jeffrey Mills, PT, DPT Physician
-
Lindsey Jordan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.31M
CAP Approach
CAP
$6.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.38M
Owner & transaction history
Mms Co LLC · 2 yrs held
Mms Co LLC
since 2023
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.3M
+36.7%
Warehouse, storage
$6.5M
+22.8%
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
$4,195,000
ML approach
$4,310,000
CAP Approach
CAP Return
Estimation
6%
$6,500,000
6.5%
$6,000,000
7%
$5,570,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,305,000
Current use
MEDICAL BUILDING
$7,255,000
Change: +37% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,515,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$4.38M
Range $3.94M – $4.81M · ±10% · vs last sale $4.50M (Dec 18 2023)
Last sale anchor
$4.50M
Dec 18 2023
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
$179 / 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
$154,777
Tax year 2023
Assessed value
$1,580,340
Assessed 2023
Previous assessed
$1,580,340
+0.0% YoY
Effective rate
9.79%
On assessed value
Assessed land
$1,195,480
Assessed improvement
$384,860
Land market value
$4,284,873
Improvement market value
$1,409,427
Total market value
$5,694,300
Applied tax rate
4,433.0000
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
1987
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
5
Units
10
Total area
24,412 SF
Lot
4.19 ac (182,335 SF)
APN
59-222-01-072
UPID
US13-1235405
Jurisdiction
JEFFERSON
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
$5.3M
MEDICAL BUILDING
Est. value
$7.3M
WAREHOUSE, STORAGE
Est. value
$6.5M
RETAIL STORES Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1987
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
5
Buildings
2
Units
10
Lot
4.19 ac
Current owner
From public records · entity-resolved
Mms Co LLC
Entity
Mailing address
1 FREMONTIA ST, PORTOLA VALLEY, CA 94028-8032
Ownership since
2023
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 7, 2026
—
Mms Co LLC
—
Deed
related
$2,600,000 · Rivermark Community Credit Union
Jan 5, 2026
—
Mms Co LLC
—
Deed
related
$50,000 · Tiffany Freeman
Dec 18, 2023
—
Mms Co LLC
Michael A Housman
Quit Claim Deed
related
$2,100,000 · Everbank NA
Oct 27, 2016
—
The Marlene G Launer Trust
Marlene G Launer LLC
Intrafamily Transfer
related
$2,000,000 · Jpmorgan Chase Bank NA
Aug 18, 2015
$4,500,000
Housman,michael A 1988 Trust
Sun Plaza Investors LLC
Warranty Deed
$1,700,000 · Public Svc Cu
Apr 14, 2005
$5,075,000
Sun Plaza Investors LLC
Wfmj LLC
Grant Deed
—
—
—
Sun Plaza Investors LLC
—
Deed Of Trust
related
$4,150,000 · Artesia Mortgage Capital Corp
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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