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1221 S Clarkson St Denver, CO 80210

Garden apartment buildings Google Maps
9,122 SF 0.14 ac lot Built 1962
Entity Owned ~ Est. High Equity
Estimated value (blended)
$3.02M
Range $2.72M – $3.32M (±10%)
Property ID US13-0585567

Property summary

AI-generated overview

This exceptional Denver office property, located at 1221 S Clarkson St, offers a variety of flexible spaces ideal for businesses of all sizes. The building, a Class B property constructed in 1974, boasts a total of 31,763 square feet spread across four stories. Multiple tenancy options are available, with a minimum divisible space of 398 square feet and a maximum contiguous space of 1,258 square feet. Currently, 4,638 square feet of space is vacant and ready for immediate occupancy. The building is zoned B-1, providing versatility for various business types. The property features a traditional office layout with executive office options, catering to diverse business needs. Parking is readily available, with a ratio of 1.90 spaces per 1,000 square feet. This well-situated Denver location offers easy access to local amenities and transportation, making it an attractive option for businesses seeking a productive and convenient workspace. Six spaces are currently available, ranging in size from 398 to 4,103 square feet. This presents a unique opportunity to secure prime office space in a thriving Denver market. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1962
Construction WOOD
Total area 9,122 SF
Lot 0.14 ac (6,250 SF)
Zoning code G-MU-5
APN 05031-11-012-000
UPID US13-0585567

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company
  • Medical Clinic Physician
  • Wedding Service
  • Counselor
  • Counselor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.07M
CAP Approach CAP
$2.13M
Comparable Approach Comparable
$3.04M
Blend (final) Blend
$3.02M

Owner & transaction history

since 2026
Last sale
$4.7M
7 recorded transactions
2026
$4.7M
2023
Price N/A
2023
$3.0M
2023
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A

Zoning & alternative use

G-MU-5 · Denver, CO
Zoning description

G-MU-5 Multi Unit 5 G-MU-8 Multi Unit 8 G-MU-12 Multi Unit 12 G-MU-20 Multi Unit 20 G-RO-3 Residential Office 3 G-RO-5 Residential Office 5 G-MX-3 Mixed Use 3 G-RX-3 Residential Mixed Use 3 G-RX-5 Residential Mixed Use 5…

General category RESIDENTIAL
Top alternative use upside
Restaurant $3.7M +11.2%
Auto repair, garage $3.7M +8.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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