Office Building with Updated
For Sale
Contact for pricing
665 Kalamath St, Denver, CO 80204
Office building on a large lot with updated HVAC and 3-phase power, offering direct access to major routes.
Property Size6,750 SF
Lot Size0.55 Acres
Price / SF$474.07
Days on Market485
Property Features for 665 Kalamath St
General Information
Standard status
Active
Size
6,750 SF
Lot size
0.55 Acres
Property subtype
OFFICE
Site & Location
Traffic Count
38,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Heavy Power
Yes
Listing Agency:
Pinnacle Real Estate Advisors
(720) 638-5418
Listed By:
Carlos Valencia · License #100028140
(720) 638-5418
Source:
Moodyscre
Added: Apr 4, 2025
Changed: Jul 26
Last Checked: Aug 1 at 10:39AM
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This office building features updated HVAC and 3-phase power. The property sits on a large lot and is configured for business use.
The site offers direct access to I-25 and 6th Ave, with proximity to a light rail station less than a mile away. The surrounding area serves significant daily traffic.
With convenient transportation access and modern building systems, the property provides a practical option for an office tenant or buyer evaluating an in-city commercial location.
The site offers direct access to I-25 and 6th Ave, with proximity to a light rail station less than a mile away. The surrounding area serves significant daily traffic.
With convenient transportation access and modern building systems, the property provides a practical option for an office tenant or buyer evaluating an in-city commercial location.
Key Highlights
- Large .55‑acre lot with office building
- Updated HVAC and 3‑phase power
- Direct access to I‑25 and 6th Ave
Financial Insights For Office B
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 | $178.2k | $26.40 |
| − Vacancy | −$46.3k | −$6.86 |
| EGI | $131.9k | $19.54 |
| − OpEx | −$33.0k | −$4.88 |
| NOI | $98.9k | $14.65 |
6,750 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.41M
$1.24M – $1.65M
NOI $98,901 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,414 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
38,000 VPD
Traffic count
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,845
Businesses Nearby
Explore this area
Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
Median Home Value
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building on a large lot with updated HVAC and 3-phase power, offering direct access to major routes.
Where is this office building located?
The property is located at 665 Kalamath St Denver, CO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Large .55‑acre lot with office building; Updated HVAC and 3‑phase power; Direct access to I‑25 and 6th Ave
