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    RiNo Office Condo Opportunity Title is generated by Realmo AI

    3457 Ringsby Court #100, Denver, CO 80216

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    6,014 SF office condo in RiNo's Taxi Community.

    Type:Office
    Property size:
    6,014 SF
    Price / SF:
    $283/SF
    Added:
    Dec 29, 2021
    Days on Market:
    1651
    Last Refresh:
    Jul 4 at 11:45 pm

    Property Features for 3457 Ringsby Court #100

    General Information

    Standard status
    Active
    Size
    6,014 SF
    Property subtype
    Office

    Building Details

    Year Built
    2007

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    Jamey Bridges

    Listing office ZEPPELIN DEVELOPMENT

    Listing date Dec 29, 2021

    Source Crexi

    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 ZEPPELIN DEVELOPMENT

    HighLights

    • 6,014sf office condo in RiNo's Taxi Community
    • Abundant natural light with windows in every direction
    • Operable glass garage door for fresh air
    • Divided into two suites-- #100A and #100B
    • Includes 2 conference rooms, 4 private offices, 1 kitchenette, 2 restrooms and an IT/storage area
    • Access to 7,100 square foot Fitness Center and shipping container pool (small monthly fee)

    Overview

    This 6,014 square foot office condo is located in the Taxi Community of RiNo. The condo is divided into two suites, #100A and #100B. The unit features windows on all sides, providing natural light, and includes one operable glass garage door. The space contains two conference rooms, four private offices, one kitchenette, two restrooms, and an IT/storage area. For a monthly membership fee, the owner has access to a 7,100 square foot fitness center and shipping container pool.

    Local 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 $158.8k $26.40
    − Vacancy −$41.3k −$6.86
    EGI $117.5k $19.54
    − OpEx −$29.4k −$4.88
    NOI $88.1k $14.65
    6,014 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.26M
    $1.10M – $1.47M (±1% cap)
    NOI $88,117 @ 7.0% cap · market cap 5.17%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.91M
    $1.68M – $2.23M (±1% cap)
    NOI $134,013 @ 7.0% cap · market cap 7.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dormer Harpring, LLC Law Firm HumanCode (Bike/Boat/Book/etc) Store Bokka Group Advertising Agency John P. Oppenheim, ... Law Firm Digital Operative, Inc. Advertising Agency

    Suggested Use

    Pharmacy Dental Office Nursing Home Nursing Home Pet Grooming Service Acupuncture Florist Mobile Phone Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.9821693
    Latitude
    39.7725894

    FAQs

    What type of property is this?
    Office units - 6,014 SF office condo in RiNo's Taxi Community.
    Where is this office units located?
    The property is located at 3457 Ringsby Court #100 Denver, CO.
    What is the asking price?
    The asking price for this property is $1,705,000.
    What are key features of this property?
    This property features: 6,014sf office condo in RiNo's Taxi Community; Abundant natural light with windows in every direction; Operable glass garage door for fresh air
    More about this property
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