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

    1601 Arapahoe St Fl, Unit 2 Denver, CO 80202-2015

    • Office properties & Spaces
    • 1,312 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0856280
    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

    • Office properties & Spaces

    Property Details for 1601 Arapahoe St Fl

    Year built
    1931
    Property size
    1,312 SF
    Zone code
    D-TD
    Property type
    Office properties & Spaces
    APN
    02345-23-027-027
    APU
    234523027027

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.996
    Latitude
    39.7481
    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
    $11,356
    $29,070
    $117,490
    $146,560
    -
    $134,200
    $421,100
    $555,300

    Comparable in this City

    • Value Estimation by Request
      477 SF

      1825 Lawrence St Ste, Unit 411

      CONDOMINIUM OFFICES • 477 SF
      1825 Lawrence St Ste, Denver, CO 80202-1817
      View Details
    • Value Estimation by Request
      2,152 SF

      1020 15th St, Unit 1U

      CONDOMINIUM OFFICES • 2,152 SF
      1020 15th St, Denver, CO 80202-2300
      View Details
    • Value Estimation by Request
      776 SF

      730 17th Stg

      CONDOMINIUM OFFICES • 776 SF
      730 17th Stg, Denver, CO 80202-3580
      View Details
    • Value Estimation by Request
      1,726 SF

      730 17th St2j

      CONDOMINIUM OFFICES • 1,726 SF
      730 17th St2j, Denver, CO 80202-3580
      View Details
    • Value Estimation by Request
      306 SF

      730 17th Sth

      CONDOMINIUM OFFICES • 306 SF
      730 17th Sth, Denver, CO 80202-3580
      View Details
    • Value Estimation by Request
      1,075 SF

      730 17th St9h

      CONDOMINIUM OFFICES • 1,075 SF
      730 17th St9h, Denver, CO 80202-3580
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,014 SF

      Denver Office Building: Prime Location

      1014 SF, Fully Leased, High-Demand Area
      1601 Arapahoe Street Daniels & Fischer Tower, Denver, CO 80202
      View Details
    • $1,300,000
      4,218 SF

      Denver Downtown Office Space

      Modern office, prime downtown location. Exceptional amenities.
      1800 Glenarm Pl, Denver, CO 80202
      View Details
    • Contact for pricing
      12,374 SF

      LoDo Mixed-Use Property Near Coors

      Mixed-use property in LoDo, across from Coors Field.
      1948 Blake St, Denver, CO 80202
      View Details
    • $375,000
      1,166 SF

      Downtown Denver Office Condo

      Move-in ready executive suite, prime location.
      1800 Glenarm Pl, Denver, CO 80202
      View Details
    • Contact for pricing
      1,166 SF

      Downtown Denver Office Condo

      Turnkey office condo in the heart of Downtown Denver.
      1800 Glenarm Pl, Denver, CO 80202
      View Details
    • $1,495,000

      LoDo Submarket Apartment Condos

      LoDo apartment condos with ground floor entry and high ceilings.
      1499 Blake St, Denver, CO 80202
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space for Lease

      Office property available for lease in Denver, Colorado.
      1700 Platte St, Denver, CO 80202
      View Details
    • Contact for pricing

      Denver Office Space For Lease

      Office space available for lease in Denver, Colorado.
      1575 Welton St 16 & Welton, Denver, CO 80202
      View Details
    • Contact for pricing

      Office Suite with Natural Light

      Office suite featuring ground floor entrance and upper floor work area.
      1543 Champa St, Denver, CO 80202
      View Details
    • Contact for pricing

      Downtown Denver Retail/Office Space

      Prime retail/office space in Denver's Central Business District.
      1955 Arapahoe St, Denver, CO 80202
      View Details
    • Contact for pricing

      CBD Office Space For Lease

      Office space in the heart of the CBD with prime frontage.
      950 17Th St, Denver, CO 80202
      View Details
    • Contact for pricing
      1,267 SF

      Lo Do & Lo Hi Nexus

      Historic mixed-use project with restaurant infrastructure in place.
      1553 Platte 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.
    1601 Arapahoe St Fl, Unit 2
    Denver, CO 80202-2015
    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!