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Office Units Building
New
For Sale
$995,000

1840 S Federal Boulevard, Denver, CO 80219

Currently used by a CPA and insurance company, offering adaptable office space in Denver.

Days on Market3

Property Features for 1840 S Federal Boulevard

General Information

Standard status Active
Property subtype Commercial

Building Details

Building Size 4,513 SF
Year Built 1988
Listing Agency: All Pro Realty Inc
Listed By: Benjamin Cheang · License #1319626
Source: Coloradopartners
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 12:28PM

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 All Pro Realty Inc

Investment Insights

Based on property information with market context.

This office units building was built in 1988 and is currently used by a CPA and insurance company. The existing layout supports professional office operations, with space that can also be adapted for other office-oriented uses.

Located at 1840 S Federal Boulevard in Denver, CO 80219, the property is set up for companies that need dedicated workspace for staff and client-facing operations.

With its established office configuration and versatile operational fit, the building may be well suited for professional tenants seeking an office location on S Federal Boulevard.

Key Highlights

  • Built in 1988
  • Currently used by a CPA and insurance company
  • Office units building with adaptable space for professional uses

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 $119.1k $26.40
− Vacancy −$17.5k −$3.88
EGI $101.6k $22.52
− OpEx −$25.4k −$5.63
NOI $76.2k $16.89
4,513 SF · lease $26.40/SF/yr · vacancy 14.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.09M
$952.8K – $1.27M (±1% cap)
NOI $76,222 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,116 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bryant Nguyen: Allstate ... Insurance Agency Choi Accounting Accounting Firm Sarrah Hickks Accounting Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 80219, CO

61,585
Population
21,729
Households
2.8
Avg Household Size
33
Median Age
22%
College-Educated
72%
High-School Grad
7.4 sq mi
ZIP Area
8,322
Density / Sq Mi
$67,325
Median Household Income
$41,153
Median Earnings
$1,464
Median Rent
$426,200
Median Home Value

Market

Vacancy Rate% for Office in Denver, CO

14.5% 2019
17.4% 2020
19.3% 2021
21.8% 2022
23% 2023
25% 2024
26.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Currently used by a CPA and insurance company, offering adaptable office space in Denver.
Where is this office units located?
The property is located at 1840 S Federal Boulevard Denver, CO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Built in 1988; Currently used by a CPA and insurance company; Office units building with adaptable space for professional uses
More about this property
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