Creative Space in RiNo
3457 Ringsby Ct Denver, CO 80216
For Sale
Contact for pricing
Mixed-use commercial condo in Denver's vibrant RiNo Arts District.
Property Size1,890 SF
Price / SF$369.84
Days on Market1205
Property Features for 3457 Ringsby Ct
General Information
Standard status
Active
Size
1,890 SF
Property subtype
Office
Building Details
Year Built
2007
Listing Agency:
The Henry Group LLC
(303) 625-7444
Listed By:
Parker Beasley · License #100107906
Source:
Crexi
Added: Apr 11, 2023
Changed: Jul 10
Last Checked: Jul 28 at 5:33PM
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 The Henry Group LLC
Investment Insights
Based on property information with market context.
Located at 3457 Ringsby Court, Suite 209, Denver, CO 80216, this 1,890 square foot unit is available for sale and lease within the TAXI campus. The TAXI campus is a mixed-use community designed for social and creative collaboration in Denver's River North Arts District (RiNo). Constructed between 2001 and 2018, the TAXI campus includes 9 buildings, approximately 150 businesses, and around 300 residents. Suite 209 is situated in TAXI 2, a 100,000 square foot building featuring four floors of commercial and residential condos. Seller financing is available. The lease rate is $5,000 per month gross.
Key Highlights
- Located in the heart of Denver's RiNo (River North Arts District), a vibrant and desirable location.
- Situated within the TAXI campus, a large, established mixed‑use community with a focus on social and creative collaboration.
- Unit 209 offers 1,890 SF of space suitable for various commercial or residential 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 | $49.9k | $26.40 |
| − Vacancy | −$13.0k | −$6.86 |
| EGI | $36.9k | $19.54 |
| − OpEx | −$9.2k | −$4.88 |
| NOI | $27.7k | $14.65 |
1,890 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$395.6K
$346.2K – $461.5K
NOI $27,692 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$601.7K
$526.5K – $701.9K
NOI $42,116 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Mixed-use commercial condo in Denver's vibrant RiNo Arts District.
Where is this office units located?
The property is located at 3457 Ringsby Ct Denver, CO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Located in the heart of Denver's RiNo (River North Arts District), a vibrant and desirable location.; Situated within the TAXI campus, a large, established mixed‑use community with a focus on social and creative collaboration.; Unit 209 offers **1,890 SF of space** suitable for various commercial or residential uses.
