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

    4601 Pkwy Denver, CO 80237

    • Office Properties & Spaces
    • 249,451 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 4601 Pkwy

    Year built
    1982
    Property size
    249,451 SF
    Property type
    Office Properties & Spaces

    Description

    This Class A, 10-story executive office building, located at 4601 Pkwy in Denver, Colorado, offers a prime opportunity for businesses seeking high-quality space. Built in 1982 and extensively renovated in 2021, the property boasts a striking exterior of horizontal bands of exposed concrete and tinted glass. The building totals 249,451 square feet, with a minimum divisible space of 1,824 square feet and a maximum contiguous space of 19,225 square feet. Currently, there are 96,731 square feet of vacant, immediately available office space. The property sits on a 5.54-acre lot and enjoys excellent access to major transportation arteries, including I-25 and I-225, via DTC Boulevard and East Tufts Avenue. The building features ample parking with a 4.00 spaces per 1,000 square feet ratio, offering both covered ($50/month) and reserved ($75/month) options. Modern conveniences include elevators. This exceptional Denver County location provides a sophisticated and efficient workspace for businesses of all sizes. The property is zoned for multiple tenancies, making it ideal for a variety of business configurations.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.898
    Latitude
    39.6439

    Comparable in this City

    • Value Estimation
      $70,000
      2.03 Acres

      7001 Belleview Ave

      OFFICE BUILDING (MULTI-STORY) • 2.03 Acres
      7001 Belleview Ave, Denver, CO 80237-2738
      View Details
    • Value Estimation
      $165,000
      5.90 Acres

      4600 Syracuse St

      OFFICE BUILDING (MULTI-STORY) • 5.90 Acres
      4600 Syracuse St, Denver, CO 80237-2750
      View Details
    • Value Estimation
      $325,000
      16,902 SF

      8110 Un Ave Ste, Unit 700

      OFFICE BUILDING (MULTI-STORY) • 16,902 SF
      8110 Un Ave Ste, Denver, CO 80237-2966
      View Details
    • Value Estimation
      $615,000
      197,537 SF

      7595 Technology Way

      OFFICE BUILDING (MULTI-STORY) • 197,537 SF
      7595 Technology Way, Denver, CO 80237-3006
      View Details
    • Value Estimation
      $365,000
      203,690 SF

      7900 Un Ave

      OFFICE BUILDING (MULTI-STORY) • 203,690 SF
      7900 Un Ave, Denver, CO 80237-2735
      View Details
    • Value Estimation
      $370,000
      18,646 SF

      8110 Un Ave Ste, Unit 300

      OFFICE BUILDING (MULTI-STORY) • 18,646 SF
      8110 Un Ave Ste, Denver, CO 80237-2966
      View Details

    Similar Nearby for Sale

    • $177,500

      Renovated Condo Near DTC

      Updated 2-bedroom, 2-bath condo with modern amenities and convenient location.
      7335 E Quincy Ave, Denver, CO 80237
      View Details
    • $169,500

      Updated Condo Near Denver Tech

      Updated one-bedroom condo with community amenities and convenient location.
      7755 E Quincy Ave, Denver, CO 80237
      View Details
    • $310,000
      1,360 SF

      Move-in Ready Townhome with Upgrades

      Updated townhome with modern amenities and convenient location.
      3855 S Monaco Pkwy, Denver, CO 80237
      View Details
    • $499,000
      1,537 SF

      Condo with Modern Upgrades

      Updated condo with amenities, close to restaurants and transportation.
      8100 E Union Ave, Denver, CO 80237
      View Details
    • $280,000
      904 SF

      Move-In Ready South Denver Condo

      Updated condo near DTC, light rail, and High Line Canal.
      4400 S Quebec St, Denver, CO 80237
      View Details
    • Contact for pricing

      Land For Sale

      Land available in Commerce City, Colorado.
      8600 Valentia St, Commerce City, CO 80237
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      249,451 SF

      Denver Executive Office Space

      Prestigious Denver office, 96,731 SF available
      4601 Pkwy, Denver, CO 80237
      View Details
    • $144 SF/Yr

      Denver Medical Office Suite 700

      6,345 SF Medical Office Space, Denver
      3600 Yosemite St, Denver, CO 80237
      View Details
    • $144 SF/Yr
      8,432 SF

      Denver Medical Office Space - 8432 SF

      Prime Denver medical office, 8432 sq ft, single tenant.
      3600 Yosemite St, Denver, CO 80237
      View Details
    • $27 SF/Yr
      1,897 SF

      Modern Office Space Available

      Flexible office space with easy access to amenities and transit.
      4949 S Syracuse St, Denver, CO 80237
      View Details
    • $32 SF/Yr
      9,399 SF

      Denver Office Space For Rent

      9,399 square foot office space available for lease.
      7979 E Tufts Ave, Denver, CO 80237
      View Details
    • $12 SF/Yr
      21,730 SF

      Modern Office with Training Facility

      Office space featuring a state-of-the-art training and fitness facility.
      5075 S Syracuse St, Denver, CO 80237
      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.
    4601 Pkwy
    Denver, CO 80237
    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.