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Property profile & analytics
OFF-MARKET Estimated value $3,470,000
Office buildings

4495 Hale Pkwy Denver, CO 80220-6210

26,913 SF 0.74 ac lot Built 1969
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0247739
Property summary
AI-generated overview

This exceptional four-story, 24,904 square foot Class B office building is situated on a prime 0.74-acre lot in Denver, Colorado. Located at 4495 E. Hale Parkway, this multi-tenant property boasts 97.4% occupancy and features a mix of medical and traditional office spaces. Built in 1969, the building has undergone significant recent improvements, including a new elevator, updated LED lighting, and substantial renovations to the multi-level parking garage. The property is zoned H-1-A, offering redevelopment potential. The asking price is $5,950,000, translating to $238.92 per square foot. This owner-user investment opportunity benefits from its convenient location near Rose Medical Center, Lindsley Park, and Colorado Boulevard. Many tenants have occupied the building for decades, with several on short-term leases. The property has been under the same family ownership for nearly 25 years, demonstrating its long-term stability and consistent maintenance. This presents a unique chance to acquire a well-maintained, high-occupancy asset in a desirable Denver location with significant upside potential. The gross lease structure simplifies management, and the property's history of successful tenancy speaks to its enduring appeal. The substantial parking garage adds significant value to this already attractive investment.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Construction WOOD
Total area 26,913 SF
Lot 0.74 ac (32,296 SF)
Zoning code H-1-A
APN 06062-29-016-000
UPID US13-0247739
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
  • Karen H. Lyda DNP Crisis Center Medical Clinic
  • Wiepking Therapy Inc. Counselor
  • Brianna Pagliarini Physician
  • Balance Point Health Alternative Medicine Practice
  • The With Project Counselor Mental Health Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.47M
Owner & transaction history
Ariana 2 LLC · 9 yrs held
Ariana 2 LLC
since 2017
5 recorded transactions
2017
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
H-1-A · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is intended to promote and encourage the maintenance and concentration of existing and proposed healthcare facilities and their related uses. The districts are intended to include primarily the principal structures and related facilities of each healthcare institution.

Zone name Hospital District
General category CIVIC_INSTITUTIONAL
Zone area 59.03 ac
Source Realmo
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