Golf Course Office
New
For Sale
Contact for pricing
16 E Inverness Pl, Englewood, CO 80112
The freestanding office includes ten perimeter offices, a conference room, and private bathing facilities with a shower.
Property Size6,204 SF
Price / SF$346.55
Days on Market4
Property Features for 16 E Inverness Pl
General Information
Standard status
Active
Size
6,204 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
Men's and Women's bathroom
private bathroom with shower
galley
conference room
Listing Agency:
Fuller Real Estate
(720) 287-5406
Listed By:
John Becker · License #FA1319969
(303) 888-7909
Source:
Moodyscre
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 24 at 3:08PM
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 Fuller Real Estate
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Investment Insights
Based on property information with market context.
This 6,204-square-foot freestanding office condominium is positioned on the 9th fairway of the Inverness Golf Course. Its layout includes ten perimeter offices, a conference room, a galley, men’s and women’s bathrooms, and a separate private bathroom with a shower.
The property is in Inverness Office Park, with access to Interstate 25 and nearby retail amenities.
The property is in Inverness Office Park, with access to Interstate 25 and nearby retail amenities.
Key Highlights
- 6,204‑square‑foot freestanding office condominium
- Located on the 9th fairway of the Inverness Golf Course
- Ten perimeter offices and a conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,845
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,356,900
$1.4M
Cap Rate 7%
$969,214
$969.2K
Cap Rate 9%
$753,833
$753.8K
Market Conditions
NOI Build-Up for 6,204 SF
Gross rent
$110.2K $17.76/SF
− Vacancy
−$19.7K −$3.18/SF
EGI
$90.5K $14.58/SF
− OpEx
−$22.6K −$3.65/SF
NOI
$67.8K $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 Rate 5%
$1,356,900
Cap Rate 7%
$969,214
Cap Rate 9%
$753,833
Alternative Uses
Best Use
Office B
$969.2K
$848.1K – $1.13M
NOI $67,845 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$92.11M
$80.60M – $107.46M
NOI $6,447,670 @ 7.0% cap · market cap 299.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,722
Businesses Nearby
Explore this area
Business Placement
Demographics for 80112, CO
35,713
Population
16,874
Households
2.1
Avg Household Size
36
Median Age
62%
College-Educated
97%
High-School Grad
17.8 sq mi
ZIP Area
2,006
Density / Sq Mi
$107,504
Median Household Income
$61,944
Median Earnings
$1,948
Median Rent
$627,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The freestanding office includes ten perimeter offices, a conference room, and private bathing facilities with a shower.
Where is this office unit located?
The property is located at 16 E Inverness Pl Englewood, CO.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 6,204‑square‑foot freestanding office condominium; Located on the 9th fairway of the Inverness Golf Course; Ten perimeter offices and a conference room
