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Property profile & analytics
FOR SALE
Office buildings

88 Inverness Cir E Englewood, CO 80112

872 SF 0.09 ac lot Built 2001
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US13-0902844
Property summary
AI-generated overview

This exceptional Class A office condo, located at 88 Inverness Circle East, Unit I-103 in Englewood, Colorado, presents a unique owner-user investment opportunity. Boasting 1,196 square feet of meticulously designed space, this unit is currently 100% occupied within a 14-building complex situated in the heart of Inverness, adjacent to the Inverness Golf Course. Built in 2005, the property offers a blend of creative, executive, and traditional office styles, catering to diverse business needs. The unit features 10-foot ceilings, operable windows for natural light and ventilation, and individually controlled HVAC systems for optimal comfort. Ample on-site parking is provided, with a ratio of 4 spaces per 1,000 square feet. Its prime location offers easy access to major thoroughfares, including Arapahoe Road, I-25, and I-225, ensuring convenient commuting for employees and clients. The complex provides amenities typically found in larger office parks, such as private entrances and building signage, enhancing the professional image and operational efficiency of the business. The asking price is $376,740, translating to $315 per square foot. The total net rentable area is 3,671 square feet. This property offers a compelling combination of location, amenities, and functionality, making it an ideal investment for businesses seeking a high-quality, well-maintained office space in a desirable location. The property is zoned for office use.

Property profile
Verified
Property type Office buildings
Use group SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 872 SF
Lot 0.09 ac (3,920 SF)
APN 2075-35-2-14-016
UPID US13-0902844
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AVCOM Media Production Film Production Television Studio
  • Norstar Petroleum Inc Oilfield Well Drilling Contractor
  • Integro Inc. (Bike/Boat/Book/etc) Store Corporate Office
  • TrigPoint Solutions, Inc. (Bike/Boat/Book/etc) Store Corporate Office
  • STEPS Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$512k
Blend (final) Blend
$510k
Owner & transaction history
Premise Ventures LLC · 10 yrs held
Premise Ventures LLC
since 2015
4 recorded transactions
2015
$357,536
2015
Price N/A
2010
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $485,000 +31.8%
Auto repair, garage $410,000 +10.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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