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Property profile & analytics
FOR LEASE
Office buildings
1290 Broadway Denver, CO 80203
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0639318
For Lease
1 / 9
$129-$20,529/Mo
1290 Broadway, Denver, CO 80203
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Property summary
AI-generated overview
1290 Broadway offers 252,230 square feet of Class A executive office space in Denver, Colorado's vibrant Capital Hill submarket. This 17-story building, constructed in 1986 and extensively renovated in 2019, boasts a newly remodeled four-story lobby, updated elevator lobbies, common corridors, and restrooms. Multiple floor plans are available, ranging from 1,891 to 21,542 contiguous square feet, with a total of 56,867 square feet currently vacant. The building features six elevators (five passenger and one freight) and ample covered parking (a 2:1,000 ratio). Tenants and visitors enjoy convenient access to a state-of-the-art fitness center complete with showers, lockers, weights, and an aerobic room. Its central location provides easy walking access to a wide array of retail, dining, lodging, and entertainment options. Property taxes are $4.76 per square foot. This exceptional property presents a unique opportunity for businesses seeking a prime Denver location with modern amenities and flexible space options. The building's address is 1290 Broadway, Denver, CO 80203.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Construction
STEEL FRAME
Total area
266,450 SF
Lot
0.92 ac (39,900 SF)
Zoning code
D-GT
APN
05033-10-041-000
UPID
US13-0639318
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Emerald Mutual Funds Financial Advisor
-
Employers Council Law Firm
-
S & D Law Law Firm
-
Mager Law Group Law Firm
-
AssociationVoice, Inc. Property Management Company Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.56M
Blend (final)
Blend
$16.61M
Owner & transaction history
1290 Broadway Realty LLC · 1 yrs held
1290 Broadway Realty LLC
since 2025
Last sale
$22.4M
6 recorded transactions
Zoning & alternative use
D-GT · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$18,185,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.61M
Range $14.95M – $18.27M · ±10% · vs last sale $22.40M (May 13 2025)
Last sale anchor
$22.40M
May 13 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$62 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,186,690
Tax year 2023
Assessed value
$15,314,900
Assessed 2023
Previous assessed
$14,297,870
+7.1% YoY
Effective rate
7.75%
On assessed value
Assessed land
$2,774,660
Assessed improvement
$12,540,240
Land market value
$9,975,000
Improvement market value
$44,947,100
Total market value
$54,922,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
16
Units
6
Total area
266,450 SF
Lot
0.92 ac (39,900 SF)
Zoning code
D-GT
APN
05033-10-041-000
UPID
US13-0639318
Jurisdiction
DENVER
Zoning & alternative use
D-GT · Denver, CO
Zoning D-GT · permitted uses
D-GT · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
16
Buildings
2
Units
6
Lot
0.92 ac
Current owner
From public records · entity-resolved
1290 Broadway Realty LLC
Entity
Mailing address
1290 N BROADWAY STE #540, DENVER, CO 80203-5601
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2025
$22,401,000
1290 Broadway Realty LLC
1290 Broadway LLC
Special Warranty Deed
$14,800,000 · Symetra Life Insurance Co
Aug 13, 2009
—
1290 Broadway LLC
—
Deed Of Trust
related
$2,000,000,000 · Bank Of America
Aug 22, 2005
$31,800,000
1290 Broadway LLC
Security Life Of Denver Ins
Grant Deed
—
—
—
1290 Broadway LLC
—
Deed Of Trust
related
$32,000,000 · Miscellaneous Ins Co
—
—
1290 Broadway LLC
—
Deed Of Trust
related
—
—
—
1290 Broadway LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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