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    500 East Hampden Ave Englewood, CO 80113

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    500 East Hampden Ave Englewood, CO 80113

    View on Map
    • Office buildings
    • 4,991 SF
    • 0.29 lot acres
    For Lease
    $1,675,000
    View Listing →
    Englewood Commercial Property for Rent For Lease
    $1,675,000

    Englewood Commercial Property for Rent

    Commercial property available for rent in Englewood, Colorado.

    500 East Hampden Avenue, Englewood, CO 80113
    View Listing
    Property ID
    US13-0679308
    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
    2.3%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • PT Solutions of Englewood / Physician
    • Emily Misch, MD / Physician / Medical Clinic
    • Peter Syre / Physician
    • Dr. Ryan Jordan, MD / Physician
    • Misch Facial Plastic Surgery / Spa & Massage Center / Alternative Medicine Practice

    Property Details for 500 East Hampden Ave

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.29 lot acres
    Property size
    4,991 SF
    Property type
    Office buildings
    APN
    2077-03-2-05-013
    APU
    207703205013

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,623,000
      Market price range: $826k - $1.62M
      AI Estimate
      $1,623,000
      Market price range: $826k - $1.62M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,155,000
      Current use
      COMMERCIAL (GENERAL)
      $2,790,000
      Change: +141% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,345,000
      Change: +103% Conversion: Difficult
      RETAIL STORES
      $2,075,000
      Change: +79% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,730,000
      Change: +49% Conversion: Difficult
      MEDICAL BUILDING
      $1,540,000
      Change: +33% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,055,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.994
    Latitude
    39.653
    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
    2021
    $26,815
    $0.00
    $0.00
    $419,338
    -
    $187,500
    $1,345,500
    $1,533,000

    Comparable in this City

    • Value Estimation
      $690,000
      3,533 SF

      3680 Galapago St Ste, Unit 102

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 3,533 SF
      3680 Galapago St Ste, Englewood, CO 80110-3482
      View Details
    • Value Estimation
      $2,165,000
      13,072 SF

      3615 Huron St

      OFFICE BUILDING • 13,072 SF
      3615 Huron St, Englewood, CO 80110-3499
      View Details
    • Value Estimation by Request
      1,500 SF

      4400 Clay St

      OFFICE BUILDING • 1,500 SF
      4400 Clay St, Englewood, CO 80110-5206
      View Details
    • Value Estimation
      $20,735,000
      125,312 SF

      333 Hampden Ave

      OFFICE BUILDING • 125,312 SF
      333 Hampden Ave, Englewood, CO 80110-2330
      View Details
    • Value Estimation
      $695,000
      3,547 SF

      925 Kenyon Ave Ste, Unit 1

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 3,547 SF
      925 Kenyon Ave Ste, Englewood, CO 80110-3471
      View Details
    • Value Estimation
      $790,000
      3,300 SF

      3255 Acoma St

      OFFICE BUILDING • 3,300 SF
      3255 Acoma St, Englewood, CO 80110-2445
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      912 SF

      Sheridan Office Building For Sale

      Stand-alone office building on South Federal Blvd in Sheridan.
      3915 S Federal Blvd, Sheridan, CO 80110
      View Details
    • Contact for pricing
      316,500 SF

      Englewood Office Building For Sale

      316,500 square foot office building in Englewood, Colorado.
      8900 Liberty Cir, Englewood, CO 80110
      View Details
    • Contact for pricing

      Renovated Office Building with Parking

      Turnkey office building with ample parking and highway access.
      2775-2785 W Hampden Ave, Englewood, CO 80110
      View Details
    • $1,998,000
      9,696 SF

      Englewood Medical/Dental Office Building

      9,696 SF medical/dental office building for sale in Englewood.
      3515 S Delaware St, Englewood, CO 80110
      View Details
    • $600,000
      912 SF

      Stand-Alone Office Building For Sale

      Stand-alone office building on South Federal Blvd in Sheridan.
      3915 S Federal Blvd, Englewood, CO 80110
      View Details
    • Contact for pricing

      Englewood Medical/Dental Office Building

      9,696 SF building in Southwest Denver with mixed-use zoning.
      3515 S Delaware St, Englewood, CO 80110
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      28,791 SF

      Englewood Office Space for Lease

      Prime Englewood location, flexible office suites.
      750 W Hampden Ave Englewood, CO 80110, Englewood, CO 80110
      View Details
    • $6 SF/Yr
      6,300 SF

      Freestanding Office Building For Sale

      Two-story office building with high-quality finishes and ample parking.
      2775 W Hampden Ave, Englewood, CO 80110
      View Details
    • Contact for pricing
      1,417 SF

      Englewood Office Space Available

      Office space for rent in Englewood, Colorado.
      333 W Hampden Ave, Englewood, CO 80110
      View Details
    • $13 SF/Yr
      5,600 SF

      Englewood Office/Warehouse Building For Rent

      5,600 SF office/warehouse with easy access to Hampden Ave.
      3367 S Eliot St, Englewood, CO 80110
      View Details
    • $10 SF/Yr
      3,500 SF

      Englewood Office Space Available

      Multiple office spaces for rent in Englewood with easy access.
      2750 S Shoshone St, Englewood, CO 80110
      View Details
    • $24 SF/Yr

      200 W Hampden Ave, Unit 200

      Office and Retail Space For Lease in Englewood Corridor
      200 W Hampden Ave, Englewood, CO 80110
      View Details
    View Listing
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    Englewood, CO 80113
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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.

    More about this property
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