Two Dental Office
New
For Sale
$615,000
1727 N Gilpin Street, Denver, CO 80218
Two separate dental office buildings with parking behind each building and documented dental office use since 1979.
Lot Size0.14 Acres
Days on Market5
Property Features for 1727 N Gilpin Street
General Information
Standard status
Active
Lot size
0.14 Acres
Property subtype
Commercial
Building Details
Building Size
1,283 SF
Year Built
1923
Listing Agency:
MB THE CHERRY CREEK TEAM LLC
(303) 800-1000
Listed By:
Greg Vanbuskirk
(303) 800-1000
Source:
Coloradopartners
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 31 at 12:50PM
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 MB THE CHERRY CREEK TEAM LLC
Investment Insights
Based on property information with market context.
Two dental office buildings are offered for sale in City Park West, each situated on an approximately 2,970-square-foot lot. The buildings are addressed separately at 1723 N Gilpin Street and 1727 N Gilpin Street and both have been used as dental offices since 1979.
1723 N Gilpin Street was built in 1886, and 1727 N Gilpin Street was built in 1923. Parking is available behind each building, supporting convenient on-site access for patients and staff.
For buyers evaluating a multi-building medical/dental ownership structure, these properties provide two distinct facilities with longstanding dental use history and on-lot parking in a neighborhood setting.
1723 N Gilpin Street was built in 1886, and 1727 N Gilpin Street was built in 1923. Parking is available behind each building, supporting convenient on-site access for patients and staff.
For buyers evaluating a multi-building medical/dental ownership structure, these properties provide two distinct facilities with longstanding dental use history and on-lot parking in a neighborhood setting.
Key Highlights
- Two separate dental office buildings in City Park West, each on a 2,970 SF lot
- Documented dental office use since 1979 for both buildings
- 1723 Gilpin: built in 1886, priced at $555,000
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 | $33.9k | $26.40 |
| − Vacancy | −$8.8k | −$6.86 |
| EGI | $25.1k | $19.54 |
| − OpEx | −$6.3k | −$4.88 |
| NOI | $18.8k | $14.65 |
1,283 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$268.6K
$235.0K – $313.3K
NOI $18,799 @ 7.0% cap · market cap 3.06%
Second Best
Healthcare Medical
$242.8K
$212.5K – $283.3K
NOI $16,997 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$408.4K
$357.4K – $476.5K
NOI $28,590 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80218, CO
19,484
Population
13,116
Households
1.5
Avg Household Size
35
Median Age
72%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
12,178
Density / Sq Mi
$82,925
Median Household Income
$67,570
Median Earnings
$1,475
Median Rent
$653,900
Median Home Value
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two separate dental office buildings with parking behind each building and documented dental office use since 1979.
Where is this medical office space located?
The property is located at 1727 N Gilpin Street Denver, CO.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Two separate dental office buildings in City Park West, each on a 2,970 SF lot; Documented dental office use since 1979 for both buildings; 1723 Gilpin: built in 1886, priced at $555,000
