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Property profile & analytics
OFF-MARKET
Estimated value
$12,250,000
Office buildings
9201 Dry Crk Rd Centennial, CO 80112-2818
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0692718
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
FRAME
Total area
127,624 SF
Lot
9.08 ac (395,525 SF)
Zoning code
AMU
APN
2075-27-3-24-001
UPID
US13-0692718
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
$12.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.25M
Owner & transaction history
Kcp Nnn II Fee Owner 3 LLC · 7 yrs held
Kcp Nnn II Fee Owner 3 LLC
since 2019
Last sale
$12.3M
3 recorded transactions
Zoning & alternative use
AMU · Centennial, 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 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
$12,250,000
ML approach
$12,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.25M
Range $11.03M – $13.48M · ±10% · vs last sale $12.25M (Dec 16 2024)
Last sale anchor
$12.25M
Dec 16 2024
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
$96 / 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
$948,289
Tax year 2021
Assessed value
$9,552,123
Assessed 2023
Previous assessed
$9,937,430
-3.9% YoY
Effective rate
9.93%
On assessed value
Land market value
$3,956,890
Improvement market value
$30,310,110
Total market value
$34,267,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
NONE
Stories
4
Bathrooms
60
Total area
127,624 SF
Lot
9.08 ac (395,525 SF)
Zoning code
AMU
APN
2075-27-3-24-001
UPID
US13-0692718
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.
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
NONE
Stories
4
Bathrooms
60
Lot
9.08 ac
Current owner
From public records · entity-resolved
Kcp Nnn II Fee Owner 3 LLC
Entity
Mailing address
1 N LA SALLE ST STE #2100, CHICAGO, IL 60602-3918
Ownership since
2019
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
Oct 8, 2019
—
Kcp Nnn II Fee Owner 3 LLC
—
Grant Deed
related
$78,000,000 · Citi R/e Fndg INC
May 2, 2019
$40,100,000
Kcp Nnn II Fee Owner 3 LLC
Lexington Centennial LLC
Special Warranty Deed
$100,000,000 · Citibank NA
Sep 4, 2018
—
Lexington Centennial LLC
—
Grant Deed
related
$179,900,000 · Bank Of America
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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