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Property profile & analytics

1425 Market St Denver, CO 80202-1750

  • Office buildings
  • 17,808 SF
  • 0.14 lot acres
OFF-MARKET
Last Sale
Apr 22, 2024
$4,675,000
Value Estimations
$4,745,000
Show details
Cap Rate Potential
6%
Office buildings
Location Intelligence
Property ID
US13-0191689
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

  • Dr. Nazeli Tarjan, DDS / Dentist
  • Icon Dental: Dr. Neda Tarjan / Dentist
  • Focused Labs, Inc / Software Company
  • Capital Fund 1 / Mortgage Lender / Loan Agency
  • Chord Design Studio / Architect / Interior Designer

Property Details for 1425 Market St

Year built
1951
Construction
WOOD
Lot size
0.14 lot acres
Property size
17,808 SF
Zone code
D-LD
Property type
Office buildings
APN
02331-18-013-000
APU
233118013000

Description

This exceptional Class A office building at 1425 Market Street in Denver, Colorado, offers 17,700 square feet of versatile space. The property features multiple suites, with a minimum divisible space of 1,582 square feet and a maximum contiguous space of 5,103 square feet. Currently, 6,685 square feet are vacant, presenting a unique opportunity for businesses seeking a prime location in Denver's vibrant downtown core. The building boasts a classic brick façade with modern interior design elements, including exposed wood and brick walls, glass-wall rooms, and well-appointed kitchens. The building's unique design maximizes natural light, even on the lower level. Located just a block from Larimer Square, this property offers unparalleled access to a wealth of amenities, including shopping, dining, and entertainment venues such as DPAC, Comedy Works, and the Wolf Theatre. Its convenient location also provides easy access to major transportation arteries like Speer Boulevard and Auraria Parkway, as well as the Union Station light rail (a 10-minute walk). This is a rare opportunity to secure high-quality office space in a highly desirable location at a competitive price point. The building is situated in Denver County, zip code 80202. The property is categorized as Medical Office, Traditional Office, Creative Office, and Executive Office space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $4,675,000
    ML approach
    $4,675,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $4,640,000
    6.5%
    $4,280,000
    7%
    $3,975,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $5,634,000
    Market price range: $4.61M - $10.8M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $6,670,000
    Current use
    RESTAURANT
    $7,285,000
    Change: +9% Conversion: Moderate
    AUTO REPAIR, GARAGE
    $7,135,000
    Change: +7% Conversion: Difficult
    NEIGHBORHOOD: SHOPPING CENTER
    $5,780,000
    Change: -13% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $5,765,000
    Change: -14% Conversion: Easy
    RETAIL STORES
    $5,725,000
    Change: -14% Conversion: Moderate
    APARTMENT HOUSE (5+ UNITS)
    $5,535,000
    Change: -17% Conversion: Easy
    MEDICAL BUILDING
    $5,405,000
    Change: -19% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Denver
County
Denver
State
Colorado
Longitude
-105
Latitude
39.7486
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
$77,416
$558,360
$440,740
$999,100
-
$2,031,300
$1,579,700
$3,611,000
More about this property
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