Office Condominium Suite with
For Sale
$194,000
6635 Dayton Street, Greenwood Village, CO 80111
Well-maintained office suite with three private offices, conference space, and after-hours secure access.
Property Size1,426 SF
Price / SF$136.04
Days on Market180
Property Features for 6635 Dayton Street
General Information
Standard status
Active
Size
1,426 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$5,962
Amenities
Composition
Building Details
Year Built
1974
Listing Agency:
Keller Williams Preferred Realty
(303) 539-7661
Listed By:
Eric Fritzke
(303) 539-7661
Source:
Xome
Added: Feb 25
Changed: Aug 8
Last Checked: Aug 23 at 3:19AM
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 Keller Williams Preferred Realty
Investment Insights
Based on property information with market context.
This well-maintained office condominium suite is located in Suite 300 and features an efficient, flexible layout for professional use. Inside approximately 1,426 usable square feet, the space includes three private offices, a reception area, a conference room, an open work area, a kitchen, and dedicated storage. After-hours secure access is provided for added tenant security.
Situated in Greenwood Village at 6635 S. Dayton Street, the suite benefits from double-panel signage availability on South Dayton Street for visibility. The building is governed by a full-service owners association, with dues that include utilities and janitorial services, supporting a low-maintenance ownership experience. The property is described as being within the Denver Tech Center corridor, with proximity to shopping, dining, and light rail access.
This configuration suits owner-users and small professional teams looking for move-in-ready office space with dedicated rooms for client meetings and focused work. The mix of private offices, reception, and conference space supports day-to-day operations, while the open work area provides flexibility for collaborative use.
Situated in Greenwood Village at 6635 S. Dayton Street, the suite benefits from double-panel signage availability on South Dayton Street for visibility. The building is governed by a full-service owners association, with dues that include utilities and janitorial services, supporting a low-maintenance ownership experience. The property is described as being within the Denver Tech Center corridor, with proximity to shopping, dining, and light rail access.
This configuration suits owner-users and small professional teams looking for move-in-ready office space with dedicated rooms for client meetings and focused work. The mix of private offices, reception, and conference space supports day-to-day operations, while the open work area provides flexibility for collaborative use.
Key Highlights
- Greenwood Village office condominium suite 300 at 6635 S. Dayton St with 1,426 usable SF inside a 1,782 SF unit
- Suite layout includes three private offices, a reception area, conference room, open work area, kitchen, and dedicated storage
- After‑hours secure access provided for tenant security
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,594
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,880
$311.9K
Cap Rate 7%
$222,771
$222.8K
Cap Rate 9%
$173,267
$173.3K
Market Conditions
NOI Build-Up for 1,426 SF
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.
Gross rent
$25.3K $17.76/SF
− Vacancy
−$4.5K −$3.18/SF
EGI
$20.8K $14.58/SF
− OpEx
−$5.2K −$3.65/SF
NOI
$15.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,880
Cap Rate 7%
$222,771
Cap Rate 9%
$173,267
Alternative Uses
Best Use
Office B
$222.8K
$194.9K – $259.9K
NOI $15,594 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$21.17M
$18.53M – $24.70M
NOI $1,482,008 @ 7.0% cap · market cap 763.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 80111, CO
32,672
Population
13,668
Households
2.4
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
10.9 sq mi
ZIP Area
2,997
Density / Sq Mi
$132,292
Median Household Income
$71,898
Median Earnings
$2,063
Median Rent
$890,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office suite with three private offices, conference space, and after-hours secure access.
Where is this office units located?
The property is located at 6635 Dayton Street Greenwood Village, CO.
What is the asking price?
The asking price for this property is $194,000.
What are key features of this property?
This property features: Greenwood Village office condominium suite 300 at 6635 S. Dayton St with 1,426 usable SF inside a 1,782 SF unit; Suite layout includes three private offices, a reception area, conference room, open work area, kitchen, and dedicated storage; After‑hours secure access provided for tenant security
