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    303 E 17Th Ave Denver, CO 80203

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    303 E 17Th Ave Denver, CO 80203

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    • Office buildings
    • 307,826 SF
    • 1.55 lot acres
    For Lease
    $7,195,000
    View Listing →
    Office Space in Uptown Denver For Lease
    $7,195,000

    Office Space in Uptown Denver

    Office space for rent in Denver's vibrant Uptown neighborhood.

    303 E 17th Ave, Denver, CO 80203
    View Listing
    Property ID
    US13-0752475
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ellab, Inc. / Industrial Manufacturer / Production Facility
    • Colorado Department of Health Care Policy & Financing / State Government Office / Health Insurance Agency
    • ACM LLP / Financial Advisor
    • Poskus Caton & Klein / Law Firm
    • Bond & Morris, P.C. / Law Firm

    Property Details for 303 E 17Th Ave

    Year built
    1982
    Construction
    CONCRETE
    Lot size
    1.55 lot acres
    Property size
    307,826 SF
    Zone code
    PUD
    Property type
    Office buildings
    APN
    02349-17-029-000
    APU
    234917029000

    Description

    303 East 17th Avenue offers a prime opportunity for businesses seeking Class A executive office space in Denver's vibrant Uptown neighborhood. This exceptional property boasts a total of 295,282 square feet, with multiple suites available ranging from a minimum of 2,620 square feet to a maximum contiguous space of 7,420 square feet. Currently, there are 37,406 square feet of vacant space ready for immediate occupancy. The building features a total of eight suites, providing flexibility for businesses of various sizes. The convenient location provides easy access to a wide array of dining, entertainment, and transportation options, placing it within minutes of downtown Denver. Uptown's walkability and density add to the property's appeal, making it an ideal location for employees and clients alike. The building offers ample parking with a ratio of 1.33 spaces per 1,000 square feet. This exceptional property in Denver County, Colorado (zip code 80203) presents a unique chance to establish a thriving business in a highly desirable and convenient location. The building's modern design and amenities cater to the needs of today's discerning businesses. Don't miss this opportunity to secure your ideal office space in the heart of Uptown Denver.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.983
    Latitude
    39.7437
    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
    $1,007,153
    $4,696,490
    $15,708,340
    $20,404,830
    -
    $16,863,300
    $56,302,300
    $73,165,600

    Comparable in this City

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      850 Lincoln St

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      38 5th Ave

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      17,328 SF

      300 9th Ave

      OFFICE BUILDING • 17,328 SF
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      View Details
    • Value Estimation
      $5,220,000
      32,023 SF

      1780 Pennsylvania St

      OFFICE BUILDING • 32,023 SF
      1780 Pennsylvania St, Denver, CO 80203-1533
      View Details
    • Value Estimation
      $14,190,000
      124,627 SF

      1301 Pennsylvania St

      OFFICE BUILDING (MULTI-STORY) • 124,627 SF
      1301 Pennsylvania St, Denver, CO 80203-2416
      View Details

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      RiNo District Live/Work Office

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    Similar Nearby for Lease

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      Denver Landmark Office Space

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      Professional Office Building Near Downtown

      Office building centrally located near Downtown Denver, Capitol Hill, Cherry Creek.
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      Denver Uptown Office Space

      High-quality office space in Denver's vibrant Uptown neighborhood.
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    View Listing
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    Denver, CO 80203
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    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.

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    303 E 17Th Ave, Denver, CO, 80203

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