Sign Up Successful!
You now have access to more from Realmo!
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

    500 E Hampden Ave Englewood, CO 80113

    • Office buildings
    • 4,991 SF
    • 0.29 lot acres
    For Lease
    View listing
    $35 SF/Yr
    Last Sale
    Mar 30, 2020
    $1,725,000
    Value Estimations
    $2,275,000
    Cap Rate Potential
    2.3%
    Office buildings
    Location Intelligence
    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.

    Current Use by Public Records

    • PT Solutions of Englewood / Physical Therapist / Physical Therapy Clinic
    • Emily Misch, MD / Plastic Surgeon / Cosmetic Surgeon
    • Peter Syre / Neurosurgeon / Practitioner Service Location
    • Dr. Ryan Jordan, MD / Cardiologist / Doctor
    • Misch Facial Plastic Surgery / Plastic Surgeon / Medical Spa

    Property Details for 500 E 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

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,490,000

    • 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
      COMMERCIAL (GENERAL)
      $2,790,000
      AUTO REPAIR, GARAGE
      $2,345,000
      RETAIL STORES
      $2,075,000
      NEIGHBORHOOD: SHOPPING CENTER
      $1,730,000
      MEDICAL BUILDING
      $1,540,000

    Get a detailed, property-specific valuation — 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 by Request
      21,357 SF

      730 Hampden Ave

      OFFICE BUILDING • 21,357 SF
      730 Hampden Ave, Englewood, CO 80110-2120
      View Details
    • Value Estimation by Request
      5,400 SF

      3025 Hampden Ave

      OFFICE BUILDING • 5,400 SF
      3025 Hampden Ave, Englewood, CO 80110-1808
      View Details
    • Value Estimation by Request
      1,190 SF

      3677 Huron St Ste, Unit 102

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 1,190 SF
      3677 Huron St Ste, Englewood, CO 80110-3466
      View Details
    • Value Estimation by Request
      3,733 SF

      925 Kenyon Ave Ste, Unit 11

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 3,733 SF
      925 Kenyon Ave Ste, Englewood, CO 80110-3472
      View Details
    • Value Estimation by Request
      1,242 SF

      925 Kenyon Ave Ste, Unit 9

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 1,242 SF
      925 Kenyon Ave Ste, Englewood, CO 80110-3472
      View Details
    • Value Estimation
      $265,000
      1,360 SF

      3671 Huron St Ste, Unit 301

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 1,360 SF
      3671 Huron St Ste, Englewood, CO 80110-3474
      View Details

    Similar Nearby for Sale

    • $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
    • $1,799,000
      12,600 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
      3,141 SF

      Englewood Flex Office Building

      Southwest flex office building in Englewood available for purchase.
      2950 South Fox St, 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
    • Contact for pricing
      9,339 SF

      Renovated Office Building with Parking

      Turnkey office building with ample parking and highway access.
      2775-2785 W Hampden Ave, Englewood, 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

    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
    • $11 SF/Yr
      90,000 SF

      Englewood Office Building For Lease

      90,000 SF Office Space Available
      3333 Bannock St, Englewood, CO 80110
      View Details
    • Contact for pricing
      2,400 SF

      Englewood Flex Space Available

      Modern flex space with ample parking and natural light.
      1820 W Baker Ave, Englewood, CO 80110
      View Details
    • $9 SF/Yr
      2,400 SF

      Englewood Office Space Available

      Office space available for rent in Englewood, Colorado.
      4231 S Natches Ct, 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
    • $5,100,000
      26,800 SF

      Englewood Flex Space Available

      20,800 SF flex space for lease in Englewood.
      1795 W Yale Ave, Englewood, CO 80110
      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.
    500 E Hampden Ave
    Englewood, CO 80113
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.