Office
For Sale
Contact for pricing
1950 N Clarkson St, Denver, CO 80218
The office property is available for individual acquisition within a broader sale offering.
Property Size8,930 SF
Price / SF$347.14
Days on Market51
Property Features for 1950 N Clarkson St
General Information
Standard status
Active
Size
8,930 SF
Property subtype
OFFICE
Listing Agency:
Required Properties
(303) 900-9111
Listed By:
Justin Brockman
(303) 993-9803
Source:
Moodyscre
Added: Aug 19
Changed: Sep 8
Last Checked: Oct 7 at 10:28AM
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 Required Properties
Investment Insights
Based on property information with market context.
This office property contains 8,930 square feet and is offered for sale. The offering allows for consideration of the individual property rather than requiring acquisition as part of a larger portfolio.
The asset is located at 1950 N Clarkson St in Denver, Colorado 80218. The property information identifies the opportunity as suitable for either a fix-and-flip or fix-and-rent strategy.
The asset is located at 1950 N Clarkson St in Denver, Colorado 80218. The property information identifies the opportunity as suitable for either a fix-and-flip or fix-and-rent strategy.
Key Highlights
- 8,930 square feet of office building area
- 1950 N Clarkson St, Denver, CO 80218
- Seller open to individual property sales
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,842
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,616,840
$2.6M
Cap Rate 7%
$1,869,171
$1.9M
Cap Rate 9%
$1,453,800
$1.5M
Market Conditions
NOI Build-Up for 8,930 SF
Gross rent
$235.8K $26.40/SF
− Vacancy
−$61.3K −$6.86/SF
EGI
$174.5K $19.54/SF
− OpEx
−$43.6K −$4.88/SF
NOI
$130.8K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,616,840
Cap Rate 7%
$1,869,171
Cap Rate 9%
$1,453,800
Alternative Uses
Best Use
Office B
$1.87M
$1.64M – $2.18M
NOI $130,842 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $198,992 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
9,478
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - The office property is available for individual acquisition within a broader sale offering.
Where is this office building located?
The property is located at 1950 N Clarkson St Denver, CO.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 8,930 square feet of office building area; 1950 N Clarkson St, Denver, CO 80218; Seller open to individual property sales
