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Property profile & analytics
OFF-MARKET
Estimated value
$22,425,000
Office buildings
161 Inverness W Dr Englewood, CO 80112-5003
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1905508
Property summary
AI-generated overview
This exceptional Class A retail property, located at 161 Inverness Dr W in Englewood, Colorado, 80112, offers 255,132 square feet of space across six stories. Built in 1997, the building sits on a 5.52-acre lot within Arapahoe County and boasts a desirable location in a bustling southeast Denver submarket. The property features multiple tenancy options, with a minimum divisible space of 30,928 square feet and a maximum contiguous space of 40,939 square feet. Currently, the entire 255,132 square feet is vacant, presenting a unique opportunity for a single large tenant or multiple smaller tenants. The building provides ample parking with a ratio of 5.5 spaces per 1,000 square feet. Its prime location and unique architecture offer excellent visibility and accessibility. This is a truly exceptional opportunity to secure a premier retail space in a highly sought-after area of Denver. The property's size, location, and Class A designation make it an ideal investment for businesses seeking a high-profile presence in the Denver market.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
STEEL FRAME
Total area
214,541 SF
Lot
5.57 ac (242,626 SF)
APN
2075-34-1-45-001
UPID
US13-1905508
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
-
AT&T Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.43M
Owner & transaction history
Inverness 161 LLC · 2 yrs held
Inverness 161 LLC
since 2023
Last sale
$16.5M
3 recorded transactions
Zoning & alternative use
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
$18,190,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$22.43M
Range $20.18M – $24.67M · ±10% · vs last sale $16.50M (Nov 21 2023)
Last sale anchor
$16.50M
Nov 21 2023
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
$105 / 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
$1,392,507
Tax year 2023
Assessed value
$15,264,369
Assessed 2023
Previous assessed
$15,608,380
-2.2% YoY
Effective rate
9.12%
On assessed value
Land market value
$3,639,390
Improvement market value
$51,071,610
Total market value
$54,711,000
Applied tax rate
1,423.0000
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
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Total area
214,541 SF
Lot
5.57 ac (242,626 SF)
APN
2075-34-1-45-001
UPID
US13-1905508
Jurisdiction
ARAPAHOE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Lot
5.57 ac
Current owner
From public records · entity-resolved
Inverness 161 LLC
Entity
Mailing address
4100 E MISSISSIPPI AVE STE #500, GLENDALE, CO 80246-3053
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2023
$16,500,000
Inverness 161 LLC
Ax Inverness LP
Special Warranty Deed
$11,500,000 · Ax Inverness LP
Jul 15, 2010
$48,000,000
Noip Inverness-englewood Trt
Istar Ctl Inverness-englewood
Grant Deed
—
May 9, 2008
—
Istar Ctl Inverness-englewood
Trinet Realty Investors V INC
Trustees Deed
$960,000,000 · General Elec Cap
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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