Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    384 Inverness Parkway Englewood, CO 80112

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Sophisticated office space in a tranquil, park-like setting.

    Type:Office
    Added:
    Oct 15, 2020
    Days on Market:
    2014
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 384 Inverness Parkway

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 384 Inverness Parkway Contact us

    We can help!

    Listing Contact
    Ryan Stout

    Listing agent Ryan Stout License #CO

    Listing office Cushman & Wakefield - Denver, Colorado

    Listing date Oct 15, 2020

    Source Crexi

    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 Cushman & Wakefield - Denver, Colorado

    Overview

    Elegant Office Space in Englewood

    Located at 384 Inverness Parkway, this office space offers a sophisticated environment. The property features a grand two-story atrium and refined finishes. Situated within the Inverness Business Park, it provides direct access to I-25, County Line Road, and the County Line Light Rail Station. The location is near Park Meadows Mall, The Inverness Hotel & Golf Club, and various dining and fitness options. The property offers accessibility and convenience in a park-like setting, with generous parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grosboll Family Health ... Alternative Medicine Practice R. Barkley Clark, ... Physician Accounting Essentials, Inc. Accounting Firm Englewood Appliance Repair ... Home Appliance Store K2 Lending Loan Service

    Suggested Use

    Restaurant Real Estate Agency Dental Office Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center Auto Parts Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.8645885
    Latitude
    39.5635226

    Nearby Similar for Lease

    • $24/mo

      Englewood Commercial Space For Lease

      Versatile 1,272 sq. ft. commercial space in Englewood, Colorado.
      200 W Hampden Ave, Unit 200, Englewood, CO 80110
      View Details
    • Contact for pricing

      Englewood Flex Space with Office

      2,500 SF flex space with office component available for lease.
      2795 S Shoshone Street, Englewood, CO 80110
      View Details
    • $10/mo

      Englewood Flex Space Available

      3,000 SF flex space for lease in Englewood.
      3310 S Knox Ct, Englewood, CO 80110
      View Details
    • $19/mo

      Englewood Office with Broadway Frontage

      Versatile office property with excellent visibility and flexible space.
      4219 S Broadway, Englewood, CO 80113
      View Details
    • $13/mo

      Englewood Office Space Available

      Prime Englewood location with modern amenities and customizable office spaces.
      3367 S Eliot St, Englewood, CO 80110
      View Details
    • $9/mo

      Englewood Flex Space Available

      Modern, customizable industrial flex spaces in a prime Englewood location.
      3799 S Jason St, Englewood, CO 80110
      View Details
    • $11/mo

      Office and Flex Building

      Quality office and flex building near Inverness Business Park.
      373 Inverness Pkwy, Englewood, CO 80112
      View Details
    • $13/mo

      Englewood Warehouse with Fenced Yard

      Centrally located warehouse with fenced yard and convenient access.
      1985 W Iliff Ave , Englewood, CO
      View Details
    • Contact for pricing

      Retail Space Near Broadway

      Retail space in a rapidly growing area near Broadway.
      16 East Girard Avenue, Englewood, CO 80113
      View Details
    • $20/mo

      Retail Space on S Broadway

      Retail space available for lease in a vibrant area.
      4370 S Broadway, Englewood, CO 80113
      View Details
    • $10/mo

      Englewood Office Space Available

      Office spaces for lease in Englewood with great views.
      2750 S Shoshone, Englewood, CO 80110
      View Details
    • $22/mo

      Englewood Retail Corridor Opportunity

      Ground level retail space in vibrant Englewood trade area.
      3483-3487 South Broadway, Englewood, CO 80113
      View Details

    FAQs

    What type of property is this?
    Office building - Sophisticated office space in a tranquil, park-like setting.
    Where is this office building located?
    The property is located at 384 Inverness Parkway Englewood, CO.
    What are key features of this property?
    This property features: Premier address within the prestigious Inverness Business Park.; Direct access to I‑25, County Line Road, and the County Line Light Rail Station.; Steps from Park Meadows Mall, The Inverness Hotel & Golf Club, and various dining and fitness options.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ryan Stout
    Real Estate License ID: CO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!