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

    1701 72nd Ave Denver, CO 80221-2721

    • Office buildings
    • 35,400 SF
    • 0.71 lot acres
    OFF-MARKET
    Value Estimations
    $4,005,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0334258
    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

    • Ocando Veneuska M DDS / Dental Office
    • Clinica Family Health / Dental Office
    • Dr. Jose R. Franco, DDS / Dental Office
    • Dr. an T. Nguyen, DDS / Dental Office
    • Stephanie M. Smith, PA / Physician

    Property Details for 1701 72nd Ave

    Year built
    1963
    Lot size
    0.71 lot acres
    Property size
    35,400 SF
    Property type
    Office buildings
    APN
    R0068509
    APU
    R0068509

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,138,000
      Market price range: $5.14M - $14.2M

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Adams
    State
    Colorado
    Longitude
    -105.007
    Latitude
    39.8279
    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
    $27,770
    $60,460
    $167,910
    $228,370
    -
    $216,701
    $2,481,999
    $2,698,700

    Comparable in this City

    • Value Estimation
      $4,500,000
      6,336 SF

      5650 Pecos St

      OFFICE BUILDING • 6,336 SF
      5650 Pecos St, Denver, CO 80221-6641
      View Details
    • Value Estimation
      $655,000
      1,836 SF

      2323 72nd Ave

      OFFICE BUILDING • 1,836 SF
      2323 72nd Ave, Denver, CO 80221-3101
      View Details
    • Value Estimation
      $1,630,000
      12,288 SF

      7535 Hilltop Cir

      OFFICE BUILDING • 12,288 SF
      7535 Hilltop Cir, Denver, CO 80221-3452
      View Details
    • Value Estimation by Request
      2,862 SF

      6900 Pecos St

      OFFICE BUILDING • 2,862 SF
      6900 Pecos St, Denver, CO 80221-7004
      View Details
    • Value Estimation by Request
      1,728 SF

      6401 Federal Blvd

      PROFESSIONAL BUILDING • 1,728 SF
      6401 Federal Blvd, Denver, CO 80221-2317
      View Details
    • Value Estimation
      $7,165,000
      63,624 SF

      7475 Dakin St

      OFFICE BUILDING • 63,624 SF
      7475 Dakin St, Denver, CO 80221-6926
      View Details

    Similar Nearby for Sale

    • $695,000

      Stand-Alone Office Building For Sale

      Stand-alone office building with ample parking and excellent location.
      7510 Sherman St, Denver, CO 80221
      View Details
    • Contact for pricing

      Stand-Alone Office Building For Sale

      Well-located office building suitable for various professional services.
      7510 Sherman St, Denver, CO 80221
      View Details
    • Contact for pricing
      1,350 SF

      Professional Office Space Available

      Second-level office space with easy access to major routes.
      5253-5295 48Th Ave, Denver, CO 80221
      View Details
    • $525,000

      Renovated Retail/Office Space Near Transit

      Recently renovated retail or office space with transit access.
      6900 Lowell Blvd, Westminster, CO 80221
      View Details
    • $575,000
      2,837 SF

      Retail Condo with Live/Work Space

      Retail condo with live/work possibilities in excellent location.
      1513 W 70Th Ave, Denver, CO 80221
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      99,729 SF

      Mixed-Use Center with Retail/Office Space

      Dynamic center with retail, office, and medical services.
      7041 North Pecos St, Denver, CO 80221
      View Details
    • Contact for pricing
      431,157 SF

      Centerpark: Denver Office & Warehouse

      Prime Denver location, flexible spaces available.
      4900 Osage St, Denver, CO 80221
      View Details
    • Contact for pricing
      31,000 SF

      Creative Office Space For Rent

      247,000 SF creative, manufacturing, and technology office spaces.
      4557 N Fox Way, Denver, CO 80221
      View Details
    • $13 SF/Yr
      3,326 SF

      Office Warehouse for Lease

      Office warehouse available for lease on Pecos Street.
      6899 N Pecos St, Denver, CO 80221
      View Details
    • $10 SF/Yr

      Denver Flex Space Near I-76

      Well-maintained flex space with drive-in loading near I-76.
      6401 Broadway, Denver, CO 80221
      View Details
    • $19 SF/Yr
      45,882 SF

      Plaza 36 Office Building Denver

      Denver Office Space: 11 Suites Available
      7010 Broadway, Denver, CO 80221
      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.
    1701 72nd Ave
    Denver, CO 80221-2721
    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!