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    2015 Pontiac Way Denver, CO 80224

    Sponsored
    For Sale
    $3,999,000

    17,823 SF Office, Value-Add Opportunity

    Property size:
    17,823 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17,823-square-foot office building, located at 2015 S. Pontiac Way in Denver, Colorado, presents a compelling value-add investment opportunity for owner-users or those seeking a property with leasable space. The two-story building, constructed in 1982 and situated on a sizable 41,451-square-foot lot, is currently vacant, offering a blank canvas for customization and immediate occupancy. The property is zoned S-CC-3X and boasts ample on-site surface parking, a significant advantage in a competitive market. The building underwent renovations in 2016 by the current owner, enhancing its functionality and appeal. Priced at $3,999,000 ($224.37 per square foot), this Class B property represents a strong investment in a desirable Denver location (zip code 80224). Its dual suitability as both medical and traditional office space broadens its potential tenant base and maximizes its investment potential. The property's size and location make it ideal for a variety of uses, offering significant upside for a discerning buyer. This is a rare chance to acquire a well-located, sizable office building in a thriving Denver market. Further details are available upon request.

    Property Features for 2015 Pontiac Way

    General Information

    Property type
    Medical offices
    Square Feet
    17,823 SF
    Class
    B

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    2

    HighLights

    • Excellent owner‑user or owner‑occupied opportunity with leasable space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.90746105271
    Latitude
    39.679575763802

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    FAQs

    What type of property is this?
    Medical office - 17,823 SF Office, Value-Add Opportunity
    Where is this medical office located?
    The property is located at 2015 Pontiac Way Denver, CO.
    What is the asking price?
    The asking price for this property is $3,999,000.
    What are key features of this property?
    This property features: Excellent owner-user or owner-occupied opportunity with leasable space.; ;
    Request Owner's contact information
    2015 Pontiac Way Denver, CO 80224
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    Denver, CO 80224
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    Realmo Value Estimation

    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.

    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.

    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
    2015 Pontiac Way Denver, CO 80224
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