Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3200 Cherry Crk Dr Denver, CO 80209

    • Office Properties & Spaces
    • 130,652 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 3200 Cherry Crk Dr

    Year built
    1987
    Property size
    130,652 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional 156-square-foot executive office space is available for sublease in Denver's prestigious Cherry Creek neighborhood, located within The Citadel, a Class A, seven-story building constructed in 1987. The building boasts a total of 130,652 square feet and features convenient elevator access. This single-tenant office is perfect for a small business or individual professional seeking a fully serviced workspace. The monthly rent is $1,500, inclusive of all services, and requires a minimum one-year lease term. The office is situated within a larger shared suite, offering a professional and collaborative environment. For added convenience, covered parking is available at an additional cost

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.95
    Latitude
    39.7124

    Comparable in this City

    • Value Estimation by Request
      4,546 SF

      350 Garfield St

      Retail properties • 4,546 SF
      350 Garfield St, Denver, CO 80209
      View Details
    • Value Estimation
      $5,220,000
      47,362 SF

      66 Logan St, Unit 1

      CONDOMINIUM OFFICES • 47,362 SF
      66 Logan St, Denver, CO 80209-1809
      View Details
    • Value Estimation by Request
      7,401 SF

      262 Downing St

      Office space • 7,401 SF
      262 Downing St, Denver, CO 80209
      View Details
    • Value Estimation by Request

      3773 Dr East Tower

      Office space
      3773 Dr East Tower, Denver, CO 80209
      View Details
    • Value Estimation by Request

      323 Pearl St

      Office space
      323 Pearl St, Denver, CO 80209
      View Details
    • Value Estimation by Request
      7,012 SF

      75 Madison St

      Office Properties & Spaces • 7,012 SF
      75 Madison St, Denver, CO 80209
      View Details

    Similar Nearby for Sale

    • $1,490,000
      4,932 SF

      City Park West Office Building

      Three-story office building in vibrant City Park West neighborhood.
      1670 York St, Denver, CO 80209
      View Details
    • $825,000
      3,552 SF

      Denver Office Near City Park

      Former Live Nation office with parking and flexible zoning.
      2043 York St, Denver, CO 80209
      View Details
    • $1,600,000

      Cherry Creek Office Space Ownership

      Office space in a highly desired Denver neighborhood.
      350 S Garfield St, Denver, CO 80209
      View Details
    • $1,700,000
      8,181 SF

      Denver Mansion with Development Potential

      8,181 SF mansion with development potential in central Denver.
      1563 Gaylord St, Denver, CO 80209
      View Details
    • $1,375,000
      4,195 SF

      Denver Multifamily Investment Opportunity

      Vintage Victorian mansion in West Washington Park neighborhood.
      54 South Pennsylvania St, Denver, CO 80209
      View Details
    • $1,200,000
      3,000 SF

      South Broadway Mixed-Use Gem

      Denver retail & apartment building, high potential.
      246 Broadway, Denver, CO 80209
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      6,249 SF

      Denver Cherry Creek Office Space

      Flexible office solutions in Denver.
      3773 Dr East Tower, Denver, CO 80209
      View Details
    • $23 SF/Yr
      850 SF

      Office Space Near Cherry Creek

      Office suites with easy access to amenities and transportation.
      3955 E Exposition Ave, Denver, CO 80209
      View Details
    • $31 SF/Yr
      3,400 SF

      Denver Office Space For Rent

      Office space for rent near Cherry Creek Mall.
      3400 Bayaud Ave, Denver, CO 80209
      View Details
    • Contact for pricing
      2,221 SF

      Renovated Retail/Office Space Available

      Prime location in Gaylord Shopping District, Washington Park neighborhood.
      1076 South Gaylord St, Denver, CO 80209
      View Details
    • $28 SF/Yr
      2,824 SF

      Denver Office/Retail Space For Rent

      Ground-level office/retail space with easy access and reserved parking.
      3915 E Exposition Ave, Denver, CO 80209
      View Details
    • $5,300 /Mo
      2,215 SF

      Denver Design District Office Space

      Office space in Denver Design District with garage/storage.
      20 Center Ave, Denver, CO 80209
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3200 Cherry Crk Dr
    Denver, CO 80209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.