Renovated Office
For Sale
$90,000
6635 S Dayton Street #120, Greenwood Village, CO 80111
Private office, conference area, large windows, and in-unit storage support flexible daily operations.
Property Size494 SF
Days on Market8
Property Features for 6635 S Dayton Street #120
General Information
Standard status
Active
Size
494 SF
Class
B
Total Parking Spaces
1
Elevators
Yes
Property subtype
Commercial
Zoning
M-C
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,240
Amenities
community cleaning
new A/C
snow removal
Building Details
Building Size
494 SF
Year Built
1974
Units
1
Listing Agency:
eXp Realty, LLC
(720) 766-9047
Listed By:
Ryann Muir
(720) 766-9047
Source:
Coloradopartners
Added: Aug 17
Changed: Aug 18
Last Checked: Aug 23 at 1:10PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
Renovated office unit within the Dayton Plaza commercial building, originally constructed in 1974. The layout includes an entry area, a waiting room that also functions as a conference room, a private office that can be separated from the balance of the suite, and substantial storage within the unit. LVP flooring, updated paint, and large windows complete the interior improvements.
The property is located on South Dayton Street near Arapahoe Road and I-25. Building services include elevator access, community cleaning, snow removal, new A/C, and utilities. The building is maintained by the HOA and carries M-C zoning.
The property is located on South Dayton Street near Arapahoe Road and I-25. Building services include elevator access, community cleaning, snow removal, new A/C, and utilities. The building is maintained by the HOA and carries M-C zoning.
Key Highlights
- Renovated office unit with LVP flooring, fresh paint, and large windows
- Entry area, waiting/conference room, and separate private office
- Large storage area located within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$5,402
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$108,040
$108.0K
Cap Rate 7%
$77,171
$77.2K
Cap Rate 9%
$60,022
$60.0K
Market Conditions
NOI Build-Up for 494 SF
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.
Gross rent
$8.8K $17.76/SF
− Vacancy
−$1.6K −$3.18/SF
EGI
$7.2K $14.58/SF
− OpEx
−$1.8K −$3.65/SF
NOI
$5.4K $10.94/SF
Area
Arapahoe County, CO
Vacancy
17.90%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$108,040
Cap Rate 7%
$77,171
Cap Rate 9%
$60,022
Alternative Uses
Best Use
Office B
$77.2K
$67.5K – $90.0K
NOI $5,402 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$7.33M
$6.42M – $8.56M
NOI $513,403 @ 7.0% cap · market cap 570.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 80111, CO
32,672
Population
13,668
Households
2.4
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
10.9 sq mi
ZIP Area
2,997
Density / Sq Mi
$132,292
Median Household Income
$71,898
Median Earnings
$2,063
Median Rent
$890,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Private office, conference area, large windows, and in-unit storage support flexible daily operations.
Where is this office units located?
The property is located at 6635 S Dayton Street #120 Greenwood Village, CO.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Renovated office unit with LVP flooring, fresh paint, and large windows; Entry area, waiting/conference room, and separate private office; Large storage area located within the unit
