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Office Building with Central Air
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825 Logan St, Denver, CO 80203

Office building with central air conditioning and compact lot in Denver’s Capitol Hill area.

Property Size9,168 SF
Lot Size0.14 Acres
Price / SF$283.60
Days on Market902

Property Features for 825 Logan St

General Information

Standard status Active
Size 9,168 SF
Lot size 0.14 Acres
Property subtype OFFICE

Amenities

Central air conditioning
Listing Agency: Benchmark Commercial, LLC
Listed By: Jason Bollhoefner · License #FA.040023622
Source: Moodyscre
Added: Feb 12, 2024 Changed: Jul 30 Last Checked: Aug 2 at 5:57AM

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 Benchmark Commercial, LLC

Investment Insights

Based on property information with market context.

An office building opportunity with central air conditioning, set on a 0.14-acre lot and approximately 9,168 SF of property size. The building’s key mechanical feature includes central air conditioning, supporting year-round comfort for office tenants.

The property is located at 825 Logan St in Denver, CO 80203, within the Capitol Hill area. Governors Park is noted as being within the Capitol Hill area.

With a compact footprint and total size of 9,168 SF, the property may fit users seeking an office location in the Capitol Hill market where central air conditioning is already in place.

Key Highlights

  • Office building with central air conditioning
  • 0.14‑acre lot
  • Approximately 9,168 SF property size

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 $242.0k $26.40
− Vacancy −$62.9k −$6.86
EGI $179.1k $19.54
− OpEx −$44.8k −$4.88
NOI $134.3k $14.65
9,168 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,330 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.92M
$2.55M – $3.40M (±1% cap)
NOI $204,295 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Zakhem Property Management Property Management Company Emily Forzley Physician Shine Nutrition Consultant Janelle Hunt, MS ... Physician Dana McDowell New ... Counselor

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Food Market Mobile Phone Store Grocery & Convenience Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,894
Businesses Nearby

Demographics for 80203, CO

22,883
Population
16,887
Households
1.4
Avg Household Size
33
Median Age
69%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
20,803
Density / Sq Mi
$74,654
Median Household Income
$59,229
Median Earnings
$1,569
Median Rent
$462,500
Median Home Value

Market

Vacancy Rate% for Office in Denver, CO

14.5% 2019
17.4% 2020
19.3% 2021
21.8% 2022
23% 2023
25% 2024
26.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building with central air conditioning and compact lot in Denver’s Capitol Hill area.
Where is this office building located?
The property is located at 825 Logan St Denver, CO.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Office building with central air conditioning; 0.14‑acre lot; Approximately 9,168 SF property size
(303) 550-5200 Call to check price and availability
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