1207 Lipan St Denver, CO 80223-3006
Property Lookup
Property profile & analytics
1207 Lipan St Denver, CO 80223-3006
- Office buildings
- 3,936 SF
- 0.29 lot acres
Property ID
US13-0599374
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Workforce Staffing / Employment Agency
Property Details for 1207 Lipan St
- Year built
- 1981
- Construction
- WOOD
- Lot size
- 0.29 lot acres
- Property size
- 3,936 SF
- Zone code
- I-MX-3
- Property type
- Office buildings
- APN
- 05211-12-032-000
- APU
- 521112032000
Description
This exceptional 3,924-square-foot flex space in Denver, Colorado, presents a compelling investment opportunity. Located at 1207 S Lipan St, Denver, CO 80223, this property boasts a prime location and is zoned I-MX-3. The building, constructed in 1983, is a two-story Class B structure and currently enjoys 100% occupancy. The versatile layout includes approximately 2,963 square feet of office space and 960 square feet of warehouse space, ideal for a variety of businesses. A convenient 12' x 12' drive-in door enhances functionality. Offered at $922,140, this translates to a price per square foot of $235. The property's strong location and flexible design make it an attractive option for owner-occupiers or investors seeking a stable, high-occupancy asset in a thriving Denver market. This single-building property offers a rare opportunity to acquire a well-maintained and functional space in a desirable area. The building's solid construction and functional design ensure long-term value and potential for future growth. The property's zoning allows for a wide range of uses, providing flexibility for future tenants or owners. Don't miss this chance to own a piece of Denver's vibrant commercial real estate market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $920,000
- ML approach
- $920,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,025,000
- 6.5%
- $945,000
- 7%
- $880,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $920,000
Market price range: $920k - $1.51M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,160,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,275,000 Change: +10% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,275,000 Change: +10% Conversion: Easy
- RETAIL STORES
- $1,265,000 Change: +9% Conversion: Moderate
- MEDICAL BUILDING
- $1,195,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -105.002
- Latitude
- 39.6947
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,854
$61,380
$104,510
$165,890
-
$250,000
$374,600
$624,600
