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Office Suite with Reception and Conference
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3457 Ringsby Court, Denver, CO 80216

Office unit 205 includes reception, conference room, and open workspace with reserved parking.

Property Size1,233 SF
Price / SF$364.96
Days on Market86

Property Features for 3457 Ringsby Court

General Information

Standard status Active
Size 1,233 SF
Property subtype Office
Zoning C-MX-8

Building Details

Year Built 2007
Listing Agency: LocateAI Realty
Listed By: Eliza Pfeifer · License #FA100083132
Source: Crexi
Added: Jul 13 Changed: Sep 21 Last Checked: Oct 5 at 6:06PM

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 LocateAI Realty

Investment Insights

Based on property information with market context.

Office unit 205 is positioned within the Taxi 2 campus and is built for modern day-to-day functionality. The suite includes a reception area, a conference room, and open workspace. Reserved parking is included with each unit.

The Taxi 2 setting offers an on-site amenities package intended to support a full workday experience, including a swimming pool, fitness and steam rooms, café and restaurant options, a community garden, maker space, dog park, and sports courts. Located in Denver near Brighton Blvd and 38th Street, the property sits within a mixed-use environment with access to neighborhood destinations throughout RiNo.

Key Highlights

  • Office unit 205 in Taxi 2 (built in 2007) with reception, conference room, and open workspace
  • Reserved parking included with the unit
  • On‑site amenities include a swimming pool, fitness and steam rooms, café and restaurant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,066
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,320 $361.3K
Cap Rate 7%
$258,086 $258.1K
Cap Rate 9%
$200,733 $200.7K
Market Conditions
NOI Build-Up for 1,233 SF
Gross rent
$32.6K $26.40/SF
− Vacancy
−$8.5K −$6.86/SF
EGI
$24.1K $19.54/SF
− OpEx
−$6.0K −$4.88/SF
NOI
$18.1K $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%
$361,320
Cap Rate 7%
$258,086
Cap Rate 9%
$200,733

Alternative Uses

Best Use
Office B
$258.1K
$225.8K – $301.1K (±1% cap)
NOI $18,066 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$392.5K
$343.5K – $457.9K (±1% cap)
NOI $27,476 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Dormer Harpring, LLC Law Firm HumanCode (Bike/Boat/Book/etc) Store Bokka Group Advertising Agency John P. Oppenheim, ... Law Firm Digital Operative, Inc. Advertising Agency

Suggested Use

Top Pick Pharmacy Dental Office (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Locksmith

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

1,638
Businesses Nearby

Demographics for 80216, CO

15,915
Population
6,924
Households
2.3
Avg Household Size
31
Median Age
38%
College-Educated
76%
High-School Grad
10.1 sq mi
ZIP Area
1,576
Density / Sq Mi
$86,869
Median Household Income
$49,966
Median Earnings
$1,934
Median Rent
$392,500
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

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

What type of property is this?
Office units - Office unit 205 includes reception, conference room, and open workspace with reserved parking.
Where is this office units located?
The property is located at 3457 Ringsby Court Denver, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Office unit 205 in Taxi 2 (built in 2007) with reception, conference room, and open workspace; Reserved parking included with the unit; On‑site amenities include a swimming pool, fitness and steam rooms, café and restaurant
More about this property
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