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Englewood Office/Flex Building For Sale

21 E Inverness Dr Englewood, CO

21 E Inverness Dr, Englewood, CO, 00000
Contact for pricing
For Sale
Contact for pricing

Standalone office/flex building with functional layout and excellent access.

Property Size30,904 SF
Lot Size3.30 Acres
Price / SF$111.96
Days on Market447

Property Features for 21 E Inverness Dr

General Information

Standard status
Active
Size
30,904 SF
Lot size
3.30 Acres
Property subtype
FLEX_R_AND_D
Listing agency BRC Real Estate Corporation
Listed by Brian Tobler
Source Moodyscre
Added: May 2, 2025 Updated: Jul 10 at 11:43AM Checked: Jul 21 at 5:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BRC Real Estate Corporation


Investment Insights

Based on property information with market context.

This standalone office/flex building offers a functional layout suitable for various users. The upper level includes several offices, multiple bullpen areas, conference rooms, and a reception area. The space features marble accents, wet bars, and architectural touches. The garden level provides two drive-in loading bays, open warehouse and production space, and a former clean room. The property is located in Englewood, CO, and offers access to I-25. The property size is 30904 square feet. Potential business uses include engineering, testing, service companies, print/graphics, or full office users.

Key Highlights

  • Excellent access to I‑25.
  • Functional layout suitable for various users.
  • Two drive‑in loading bays.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $357.9k $11.58
− Vacancy −$26.5k −$0.86
EGI $331.4k $10.72
− OpEx −$99.4k −$3.22
NOI $232.0k $7.51
30,904 SF · lease $11.58/SF/yr · vacancy 7.40% · expense 30.00%

Alternative Uses

Best Use
Office B
$4.83M
$4.22M – $5.63M (±1% cap)
NOI $337,957 @ 7.0% cap · market cap 9.77%
Second Best
Industrial
$3.31M
$2.90M – $3.87M (±1% cap)
NOI $231,970 @ 7.0% cap · market cap 6.70%
Theoretical Best
Multifamily LT 5
$458.83M
$401.47M – $535.30M (±1% cap)
NOI $32,117,796 @ 7.0% cap · market cap 928.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop Florist Storage Facility Pet Store Food Market Pet Store & Service (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Standalone office/flex building with functional layout and excellent access.
Where is this flex space located?
The property is located at 21 E Inverness Dr Englewood, CO.
What is the asking price?
The asking price for this property is $3,460,000.
What are key features of this property?
This property features: Excellent access to I‑25.; Functional layout suitable for various users.; Two drive‑in loading bays.
Contact an agent
(303) 506-8122 Call to check price and availability
More about this property
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