Denver Office/Flex Building For
For Sale
$2,450,000
2721 W Holden Pl, Denver, CO 80204
Versatile office/flex building near Downtown Denver and Empower Field.
Property Size10,138 SF
Lot Size0.22 Acres
Price / SF$241.67
Days on Market235
Property Features for 2721 W Holden Pl
General Information
Standard status
Active
Size
10,138 SF
Lot size
0.22 Acres
Property subtype
Commercial
Site & Location
Neighborhood
Sun Valley
Taxes and HOA fees
Annual Taxes
$29,838
Building Details
Building Size
10,138 SF
Year Built
1998
Stories
2
Units
6
Listing Agency:
Berkshire Hathaway HomeServices Colorado Real Estate
Listed By:
Brenton Hanes · License #FA.100082361
(720) 201-5402
Source:
Elliman
Added: Mar 10
Changed: Oct 30
Last Checked: Oct 30 at 2:16PM
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 Berkshire Hathaway HomeServices Colorado Real Estate
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Investment Insights
Based on property information with market context.
The commercial property at 2721 W Holden Place, Denver, CO, is a 10,138 square foot office/flex building. Constructed in 1998 and renovated in 2014, the property features four units and is zoned CMX-8. The configuration includes a 4,000 square foot upper-level suite. Features include private entrances, updated kitchens, restrooms with showers, a drive-in bay, and warehouse space. The property is located minutes from Downtown Denver and Empower Field, with access to I-25, Colfax, and Federal Blvd. This property is suitable for businesses and investors.
Key Highlights
- Prime location minutes from Downtown Denver and Empower Field with excellent access to I‑25, Colfax, and Federal Blvd.
- Versatile 10,138 SF office/flex building with four units and CMX‑8 zoning.
- Comprehensive renovation completed in 2014.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,542
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,970,840
$3.0M
Cap Rate 7%
$2,122,029
$2.1M
Cap Rate 9%
$1,650,467
$1.7M
Market Conditions
NOI Build-Up for 10,138 SF
Gross rent
$267.6K $26.40/SF
− Vacancy
−$69.6K −$6.86/SF
EGI
$198.1K $19.54/SF
− OpEx
−$49.5K −$4.88/SF
NOI
$148.5K $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%
$2,970,840
Cap Rate 7%
$2,122,029
Cap Rate 9%
$1,650,467
Alternative Uses
Best Use
Office B
$2.12M
$1.86M – $2.48M
NOI $148,542 @ 7.0% cap · market cap 6.06%
Second Best
Flex RnD
$1.35M
$1.18M – $1.58M
NOI $94,575 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$3.23M
$2.82M – $3.77M
NOI $225,910 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,274
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
Median Home Value
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Market
Vacancy Rate% for Office in Denver, CO
Similar Off Market Nearby
- Baba & Co — 707 Federal Blvd, Denver, CO 80204
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- Benoit's Catering — 810 Vallejo St, Denver, CO 80204
- Kosmik Desserts — 810 Vallejo St, Denver, CO 80204
- ShaWING — 810 Vallejo St, Denver, CO 80204
Frequently Asked Questions
What type of property is this?
Flex space - Versatile office/flex building near Downtown Denver and Empower Field.
Where is this flex space located?
The property is located at 2721 W Holden Pl Denver, CO.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Prime location minutes from Downtown Denver and Empower Field with excellent access to I‑25, Colfax, and Federal Blvd.; Versatile 10,138 SF office/flex building with four units and CMX‑8 zoning.; Comprehensive renovation completed in 2014.
