1391 Speer Blvd Denver, CO 80218
Property profile & analytics
1391 Speer Blvd Denver, CO 80218
- Office buildings
- 140,760 SF
- 2.90 lot acres
Property ID
US13-0694138
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
- Rocky Mountain Mechanical Contractors Association / Charitable Organization / Social Service Agency
- Thomas E Ouellette, DDS PC / Dental Office
- College Living Experience / Training Center / Tutoring Service
- Center For Educational / University
- Covered Insurance Solutions, LLC / Insurance Agency
Property Details for 1391 Speer Blvd
- Year built
- 1983
- Construction
- CONCRETE
- Lot size
- 2.90 lot acres
- Property size
- 140,760 SF
- Zone code
- C-MX-12
- Property type
- Office buildings
- APN
- 05035-02-049-049
- APU
- 503502049049
Description
This exceptional Class A office building, totaling 140,147 square feet, is ideally situated at the gateway to Denver's renowned Santa Fe Art District. Built in 1982 and extensively renovated in 2019, the property boasts 11 available suites ranging from 1,699 to 6,790 contiguous square feet, with a total of 16,584 square feet currently vacant. The building features on-site security, secure bike storage, a modern conference room, and excellent exterior signage opportunities. Enjoy 24/7 controlled access, updated bathrooms and common areas, a tenant-only shower and locker room, and unobstructed mountain and city views. Conveniently located two blocks from the Auraria Light Rail Station and Colfax Avenue, the building offers easy access to all parts of the Denver metro area. Amenities include attached covered parking and visitor parking, proximity to the Cherry Creek Bike Path, numerous dining and shopping options, and walking distance to King Soopers. The activated lobby and remodeled third-floor entrance enhance the welcoming atmosphere. A nearby conferencing facility (500-seat capacity) and the Colorado History Center add to the location's appeal. The 3.0:1,000 parking ratio ensures ample parking for tenants and visitors. This unique property offers a blend of comfort, value, and customized services, creating an ideal environment for success.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $36,665,000
- 6.5%
- $33,845,000
- 7%
- $31,425,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $36,488,000
Market price range: $30.9M - $55.6M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $41,295,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $45,685,000 Change: +11% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $45,560,000 Change: +10% Conversion: Easy
- RETAIL STORES
- $45,050,000 Change: +9% Conversion: Moderate
- MEDICAL BUILDING
- $42,740,000 Change: +4% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $42,105,000 Change: +2% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.998
- Latitude
- 39.7376
- 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
$468,723
$3,119,470
$5,534,500
$8,653,970
-
$11,210,900
$19,836,900
$31,047,800
