This office building is located at 1420 Wazee St in Denver’s LoDo (Lower Downtown) district. The property has undergone substantial improvements to shared areas, including restrooms, building amenities, and common spaces. Individual suites include LED lighting as part of the suite-level updates, supporting a more current office environment for occupants. The building has been occupied under multiple leases, with more than 49% of the asset having been leased under new lease agreements since 2021.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$400k

Tax billed · 2023

Assessed value$5.17M

Assessed land$2.26M

Assessed improvement$2.90M

Effective rate7.75%

Value estimate

· Oct 2026

$12.75M

$11.48M – $14.03M

AI approach$9.99M

CAP approach$14.75M

Submarket $/SF estimate$10.63M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$374/SF

ZIP average, outlier-cleaned · 57 recorded sales of this use type

Observed band · Q1–Q3$259 – $607

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

D-LD

Divisi ON 8 .4 LOWER DOWNTOWN DISTRICT (D-LD) s e cti O N 8.4.1 l O W er DO WN t OWN D istrict 8.4.1.1 General The provisions of this Div...

General categoryCOMMERCIAL

JurisdictionDENVER

Location intelligence

Which uses thrive at this corner?

Best fit: Laundromat

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Laundromat9.8

Watch Repair Shop8.1

Laundry Service7.2

1420 Wazee St Denver, CO 80202-1310

County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby

Address Sale price Sold Size

1801 Wewatta, Denver, CO 80202-6297 $54,000,000 Feb 2023 99,434 SF

820 16th, Denver, CO 80202-3200 $17,200,000 Jun 2022 105,251 SF

1900 Lawrence, Denver, CO 80202 $27,200,000 Dec 2021 54,905 SF

1755 Blake, Denver, CO 80202-1225 $61,200,000 Sep 2021 117,444 SF

1615 Platte, Denver, CO 80202-1123 $60,000,000 Jun 2021 96,982 SF

1625 Wazee, Denver, CO 80202-1313 $14,750,000 Dec 2020 28,472 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$9,200,000

48,783 SF

1701 Wazee St

OFFICE BUILDING

1701 Wazee St, Denver, CO 80202

View Details
Value Estimation
$9,450,000

35,830 SF

1520 Market St

OFFICE BUILDING

1520 Market St, Denver, CO 80202-2478

View Details
Value Estimation
$30,130,000

109,530 SF

1705 17th St

OFFICE BUILDING (MULTI-STORY)

1705 17th St, Denver, CO 80202-1224

View Details
Value Estimation
$31,505,000

114,675 SF

1615 Wynkoop St

OFFICE BUILDING (MULTI-STORY)

1615 Wynkoop St, Denver, CO 80202-1106

View Details
Value Estimation
$63,395,000

117,444 SF

1755 Blake St

OFFICE BUILDING (MULTI-STORY)

1755 Blake St, Denver, CO 80202-1225

View Details
Value Estimation
$22,345,000

162,831 SF

110 16th St

OFFICE BUILDING (MULTI-STORY)

110 16th St, Denver, CO 80202-5202

View Details

Similar Nearby for Sale

Contact for pricing
98,577 SF

Historic 8-Story Office Building

An 8-story historic office building on 16th Street with complete vacancy, offering flexibility for future occupancy or redevelopment.

820 16th Street, Denver, CO 80202

View Details
Contact for pricing
13,200 SF

Historic Office Building with Rooftop Deck

Renovated office property with preserved historic details, abundant daylight, and secure private access.

1331 19th St, Denver, CO 80202

View Details
Contact for pricing
6,361 SF

Denver Office Building For Sale

Office building with 6361 square feet available for sale.

444 17th St, Denver, CO 80202

View Details
Contact for pricing
596,295 SF

New Office Building with Parking

New office building delivered in 2021 with strong current leasing and a 1.7:1,000 SF parking ratio.

675 15th St, Denver, CO 80202

View Details
Contact for pricing
3,546 SF

Historic Two-Level Office Building

Updated interiors include private offices, conference rooms, and a kitchen/break area.

1800 15th Street, Units 101 + 105, Denver, CO 80202

View Details
Contact for pricing
548 SF

Office Building with Freight Elevator

Historic office building with mostly vacant units, plus common-area upgrades underway including new elevators and HVAC.

730 17th St, Denver, CO 80202

View Details

Similar Nearby for Lease

New

$30.50 SF/Yr

65,028 sqft

LoDo Office Space For Rent

Downtown office building with mountain views and LoDo amenities.

1331 17th Street, Denver, CO 80202

View Details
New

$39 SF/Yr

51,923 sqft

Corner Office Building in Denver

Office building at 19th and Wynkoop St, Denver, CO

1899 Wynkoop Street, Denver, CO 80202

View Details
New

Contact for pricing
18,843 sqft

Office Building for Lease

Office building available for lease at 511 16th Street in Denver.

511 16th Street, Denver, CO 80202

View Details
$20 SF/Yr

88,000 sqft

Office Units in Historic Building

Multiple office configurations support a range of business requirements.

535 16th St, Denver, CO 80202

View Details
$22 SF/Yr

96,049 sqft

Historic Downtown Denver Office Space

Iconic building with flexible spaces in Denver's financial district.

821 17th Street, Denver, CO 80202

View Details
New

Contact for pricing
24,959 sqft

Historic Office Building with Arches

Romanesque Revival office building originally built in 1889, featuring grand arches and office space alongside Holey Moley.

1801 Lawrence Street, Denver, CO 80202

View Details