Office Condo with Private
For Sale
$440,000
9364 Teddy Lane Unit 204, Lone Tree, CO 80124
A finished professional suite offers private offices and a waiting area for client-facing services.
Property Size1,204 SF
Days on Market11
Property Features for 9364 Teddy Lane Unit 204
General Information
Standard status
Active
Size
1,204 SF
Property subtype
Office Condo
Building Details
Building Size
1,204 SF
Year Built
2006
Listing Agency:
Lee & Associates | Denver
Listed By:
Ray Rosado, CCIM · License #CO #FA100-019395
(720) 209-5546
Source:
Lee-associates
Added: Sep 30
Changed: Oct 3
Last Checked: Oct 9 at 5:22PM
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 Lee & Associates | Denver
Investment Insights
Based on property information with market context.
This Class B office condominium contains 1,204 square feet of finished suite space, with a private-office layout and a waiting area. The single-story unit was built in 2006 and has 10-foot ceilings. The property includes 34 surface parking spaces and is zoned PD.
Located in Lone Tree, the suite is identified as suitable for therapy, counseling, wellness, and similar professional services.
Located in Lone Tree, the suite is identified as suitable for therapy, counseling, wellness, and similar professional services.
Key Highlights
- 1,204 SF of finished office suite space
- Private offices and a waiting area
- Built in 2006 with 10‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,981
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,620
$419.6K
Cap Rate 7%
$299,729
$299.7K
Cap Rate 9%
$233,122
$233.1K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$33.7K $27.96/SF
− Vacancy
−$5.7K −$4.73/SF
EGI
$28.0K $23.23/SF
− OpEx
−$7.0K −$5.81/SF
NOI
$21.0K $17.43/SF
Area
Douglas County, CO
Vacancy
16.90%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,620
Cap Rate 7%
$299,729
Cap Rate 9%
$233,122
Alternative Uses
Best Use
Office B
$299.7K
$262.3K – $349.7K
NOI $20,981 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$413.6K
$361.9K – $482.5K
NOI $28,949 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Explore this area
Business Placement
Demographics for 80124, CO
22,541
Population
10,167
Households
2.2
Avg Household Size
38
Median Age
67%
College-Educated
98%
High-School Grad
9.4 sq mi
ZIP Area
2,398
Density / Sq Mi
$126,775
Median Household Income
$76,215
Median Earnings
$2,055
Median Rent
$726,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - A finished professional suite offers private offices and a waiting area for client-facing services.
Where is this office units located?
The property is located at 9364 Teddy Lane Unit 204 Lone Tree, CO.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 1,204 SF of finished office suite space; Private offices and a waiting area; Built in 2006 with 10‑foot ceilings
