Office Condo with
4 Inverness Ct E C, Englewood, CO 80112
For Sale
$1,845,000
Updated shared work areas and a private outdoor patio complement the office layout.
Property Size9,135 SF
Days on Market50
Property Features for 4 Inverness Ct E C
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Outdoor patio space
Grass roof
conference and kitchen
Building Details
Building Size
Year Built
Stories
Units
Construction
Listing Agency:
Community First Commercial Real Estate Llc
Listed By:
Matthew Edgar
(720) 435-2191
Source:
Elliman
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 12 at 7:51AM
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 Community First Commercial Real Estate Llc
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Investment Insights
Based on property information with market context.
Built in 1974, this office condo combines enclosed offices with open work areas, a conference room, and kitchen space. Recent updates include the kitchen, break areas, and bathrooms. Concrete and glass elements, geometric detailing, and a grass roof contribute to the building’s design; an outdoor patio extends the usable space.
The property is situated on Inverness Golf Course at 4 Inverness Ct E C in Englewood. Its configuration includes both private and shared work areas, along with conference and kitchen facilities.
The property is situated on Inverness Golf Course at 4 Inverness Ct E C in Englewood. Its configuration includes both private and shared work areas, along with conference and kitchen facilities.
Key Highlights
- Office condo on Inverness Golf Course in Englewood
- Built in 1974
- Recent updates to kitchen, break areas, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,898
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,997,960
$2.0M
Cap Rate 7%
$1,427,114
$1.4M
Cap Rate 9%
$1,109,978
$1.1M
Market Conditions
NOI Build-Up for 9,135 SF
Gross rent
$162.2K $17.76/SF
− Vacancy
−$29.0K −$3.18/SF
EGI
$133.2K $14.58/SF
− OpEx
−$33.3K −$3.65/SF
NOI
$99.9K $10.94/SF
Area
Arapahoe County, CO
Vacancy
17.90%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,997,960
Cap Rate 7%
$1,427,114
Cap Rate 9%
$1,109,978
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.66M
NOI $99,898 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$2.36M
$2.06M – $2.75M
NOI $165,055 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,875
Businesses Nearby
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Business Placement
Demographics for 80112, CO
35,713
Population
16,874
Households
2.1
Avg Household Size
36
Median Age
62%
College-Educated
97%
High-School Grad
17.8 sq mi
ZIP Area
2,006
Density / Sq Mi
$107,504
Median Household Income
$61,944
Median Earnings
$1,948
Median Rent
$627,500
Median Home Value
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Market
Properties on Market for Office Units in Englewood
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Updated shared work areas and a private outdoor patio complement the office layout.
Where is this office unit located?
The property is located at 4 Inverness Ct E C Englewood, CO.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: Office condo on Inverness Golf Course in Englewood; Built in 1974; Recent updates to kitchen, break areas, and bathrooms
