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

    5350 DTC Pkwy Greenwood Village, CO

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

    Two-story office building in a prime Denver Tech Center location.

    Type:OFFICE
    Property size:
    17,750 SF
    Lot size:
    0.78 Acres
    Price / SF:
    $185/SF
    Added:
    Jul 13, 2024
    Days on Market:
    657
    Last Refresh:
    Apr 5 at 8:31 pm

    Property Features for 5350 DTC Pkwy

    General Information

    Standard status
    Active
    Size
    17,750 SF
    Lot size
    0.78 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Mike Wafer, SIOR

    Listing agent Mike Wafer, SIOR

    Listing office Newmark | Denver

    Listing date Jul 13, 2024

    Source Moodyscre

    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 Newmark | Denver

    Overview

    DTC Office Building For Sale

    This two-story office building is located in the Denver Tech Center. The building includes a finished garden level. Monument signage is available. The property is currently fully leased to short-term tenants, providing flexibility to a new buyer. It is within walking distance of the Orchard Station light rail stop. The property is suitable for an owner/user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center Dental Office Hair Salon Auto Parts Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood Village
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.896
    Latitude
    39.6189

    Nearby Similar for Sale

    • $13,900,000
      171,189 SF

      Solarium For Sale

      REO office property with glass atrium and mountain views.
      7400 E Orchard Rd, Greenwood Village, CO 80111
      View Details
    • $3,350,000
      4,128 SF

      Renovated Office Building For Sale

      11,563 SF office building renovated in 2018, easy I-25 access.
      7315 E Orchard Rd, Greenwood Village, CO 80111
      View Details
    • $157,500
      1,365 SF

      Denver Tech Center Office Condo

      Office condo in Denver Tech Center with open layout.
      6635 S Dayton #240, Greenwood Village, CO 80111
      View Details
    • $159,000
      1,365 SF

      Denver Tech Center Office Condo

      Office condo in Denver Tech Center with open layout.
      6635 S Dayton Street #240, Greenwood Village, CO 80111
      View Details
    • $4,100,000

      Greenwood Village Multifamily Investment Opportunity

      22-unit multifamily property in desirable Greenwood Village location.
      6380 S Boston St See Suppliments, Greenwood Village, CO 80111
      View Details
    • $1,199,000
      1,943 SF

      Refined Living with Mountain Views

      Exquisite 2-bedroom residence with stunning mountain views and luxury amenities.
      7600 Landmark Way 1215, Greenwood Village, CO 80111
      View Details
    • Contact for pricing
      52,931 SF

      Greenwood Village Office Building

      Two-story, 52,931 SF office building with data center.
      5700 DTC Pkwy, Greenwood Village, CO
      View Details
    • $199,000
      838 SF

      Bright Office Space in DTC

      Second-floor office with natural light in Denver Tech Center.
      6635 S Dayton Street #230, Greenwood Village, CO 80111
      View Details
    • $4,250,000
      12,438 SF

      Former Food Hall and Brewery

      Former food hall and brewery near Denver Tech Center.
      6575 Greenwood Plaza Blvd, Greenwood Village, CO
      View Details
    • $275,000
      956 SF

      Greenwood Village Office For Sale

      Office space in Greenwood Village with recent capital improvements.
      5420 South Quebec Street, Greenwood Village, CO
      View Details
    • Contact for pricing
      2,431 SF

      Greenwood Village Office Space

      Leased office space in Greenwood Village available for sale.
      5690 Dtc Boulevard, Greenwood Village, CO 80111
      View Details
    • $4,500,000
      9,806 SF

      Restaurant Space with Parking Structure

      Stand-alone restaurant in Denver Tech Center with parking structure.
      5336 DTC Blvd, Greenwood Village, CO
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story office building in a prime Denver Tech Center location.
    Where is this office building located?
    The property is located at 5350 DTC Pkwy Greenwood Village, CO.
    What is the asking price?
    The asking price for this property is $3,295,000.
    What are key features of this property?
    This property features: Prime DTC (Denver Tech Center) location; Flexibility for owner/user due to short‑term leases; Walking distance to Orchard Station light rail stop
    (303) 523-2560 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mike Wafer, SIOR
    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!