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Property profile & analytics
OFF-MARKET Estimated value $1,410,000
Office buildings

2345 Federal Blvd Denver, CO 80219-5435

12,980 SF 0.92 ac lot Built 1964
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-0565649
Property summary
AI-generated overview

Lincoln Center, located at 2345 S Federal Blvd, Denver, CO 80219, presents a compelling value-add investment opportunity. This single-story, 13,002 square foot medical office building sits on a 39,836 square foot lot and is currently 50% occupied with five tenants across eleven units. The asking price is $1,556,000, translating to $119.67 per square foot. The building is zoned B3 and offers ample parking, with 34 spaces per 1,000 square feet. The property provides a stable income stream from existing tenants, with potential for increased revenue through lease renewals and rent bumps, which are permitted. The building's versatile layout is well-suited for various medical practices, offering significant potential for growth. The current occupancy rate is projected to continue until January 6, 2025. This property represents a strong investment opportunity in a desirable Denver location, combining stable income with significant upside potential. The building's substantial lot size also offers potential for future expansion or redevelopment. This is an exceptional opportunity for investors seeking a well-maintained, income-generating asset in a thriving market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1964
Construction STEEL FRAME
Total area 12,980 SF
Lot 0.92 ac (40,000 SF)
Zoning code B-3
APN 05293-00-022-000
UPID US13-0565649
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
  • South Federal Dental Group PC Dental Office
  • Sanchez, P. Ben DDS Dental Office
  • Dr. Dale L. Farmer, DDS Dental Office
  • Colorado Moves Counselor
  • Salud en Forma Nutritionist Weight Loss Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.88M
Blend (final) Blend
$1.41M
Owner & transaction history
Prima Ltd · 1 yrs held
Prima Ltd
since 2025
Last sale
$1.4M
7 recorded transactions
2025
$1.4M
2018
$772,500
2011
Price N/A
2011
$200,000
1998
$473,800
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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