Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1401 Lawrence St Denver, CO 80202

    • Office buildings
    • 337,495 SF
    • 0.57 lot acres
    For Lease
    View listing
    Last Sale
    Jul 01, 2022
    $233,000,000
    Value Estimations
    $222,085,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2123391
    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.

    Current Use by Public Records

    • Colorado Lawyers Committee / Law Firm
    • Polsinelli / Law Firm
    • Kaffe Landskap / Cafe & Coffee Shop
    • Firmspace Denver / Coworking & Hybrid Office
    • ColeTaylor / Property Management Company

    Property Details for 1401 Lawrence St

    Year built
    2015
    Construction
    CONCRETE
    Lot size
    0.57 lot acres
    Property size
    337,495 SF
    Zone code
    D-C
    Property type
    Office buildings
    APN
    02345-36-025-000
    APU
    234536025000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $204,869,000
      Market price range: $87.4M - $205M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $138,025,000
      AUTO REPAIR, GARAGE
      $135,175,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.999
    Latitude
    39.7471
    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
    $4,572,543
    $2,432,880
    $56,578,330
    $59,011,210
    -
    $8,750,000
    $202,789,700
    $211,539,700

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      675 15th St

      OFFICE BUILDING (MULTI-STORY) • 0.23 Acres
      675 15th St, Denver, CO 80202-4224
      View Details
    • Value Estimation by Request
      677,832 SF

      201 Colfax Ave

      OFFICE BUILDING (MULTI-STORY) • 677,832 SF
      201 Colfax Ave, Denver, CO 80202-5329
      View Details
    • Value Estimation by Request
      433,920 SF

      1681 Chestnut Pl

      OFFICE BUILDING (MULTI-STORY) • 433,920 SF
      1681 Chestnut Pl, Denver, CO 80202-5317
      View Details
    • Value Estimation
      $22,345,000
      162,831 SF

      110 16th St

      OFFICE BUILDING (MULTI-STORY) • 162,831 SF
      110 16th St, Denver, CO 80202-5202
      View Details
    • Value Estimation by Request
      507,837 SF

      1125 17th St

      OFFICE BUILDING (MULTI-STORY) • 507,837 SF
      1125 17th St, Denver, CO 80202-2025
      View Details
    • Value Estimation by Request
      715,647 SF

      1144 15th St

      OFFICE BUILDING (MULTI-STORY) • 715,647 SF
      1144 15th St, Denver, CO 80202-2569
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,012 SF

      Historic LoDo Office/Retail Building

      Two-story office/retail building in Denver's LoDo district.
      1822-1830 Blake St, Denver, CO 80202
      View Details
    • Contact for pricing
      6,250 SF

      Denver Office Building For Sale

      6,250 SF office building in historic Denver location.
      1917 Market St, Denver, CO 80202
      View Details
    • Contact for pricing
      3,125 SF

      Historic LoDo Building For Sale

      Restored historic building in LoDo with flexible zoning.
      1810 Blake St, Denver, CO 80202
      View Details
    • $2,500,000

      Denver Office Building Opportunity

      Prime office building location in downtown Denver near convention center.
      1437 California St, Denver, CO 80202
      View Details
    • Contact for pricing
      1,270 SF

      Renovated Office with Downtown Views

      Recently renovated office space with views and on-site amenities.
      717 17Th St, Denver, CO 80202
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      120,095 SF

      Renovated Downtown Office Space

      Recently renovated office building in downtown Denver with LoDo access.
      1675 Larimer St, Denver, CO 80202
      View Details
    • $34 SF/Yr
      494,689 SF

      Class A Office Building Denver

      25-story Class A office building in Denver's Central Business District.
      1125 Usa, Denver, CO 80202
      View Details
    • $42 SF/Yr
      406,458 SF

      Prime Retail Location on 16th

      First floor retail space in a vibrant, growing Denver neighborhood.
      1900 16Th St, Denver, CO 80202
      View Details
    • $36 SF/Yr
      33,460 SF

      Downtown Office Building on 16th

      Downtown office building with numerous amenities and ongoing renovations.
      820 16Th St, Denver, CO 80202
      View Details
    • Contact for pricing
      9,453 SF

      Downtown Denver Office Space Available

      9,453 SF office building with on-site security and bike room.
      475 17Th St, Denver, CO 80202
      View Details
    • $30 SF/Yr
      1,096 SF

      Downtown Denver Office Space

      Transit-oriented office space in Downtown Denver with walkable amenities.
      1600 Stout St, Denver, CO 80202
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1401 Lawrence St
    Denver, CO 80202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!