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    5055 Kentucky Ave Denver, CO 80246-3900

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    Property profile & analytics

    5055 Kentucky Ave Denver, CO 80246-3900


    • Medical Office Space
    • 5,656 SF
    • 0.50 lot acres
    Off-Market
    Last Sale May 26, 2025
    $1,250,000
    Property ID
    US13-0244916
    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
    $1,165,000
    Show details
    Cap Rate Potential
    7.1%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Cherry Creek Pediatric Dentistry / Dental Office
    • Cherry Creek South Dental / Dental Office
    • Mobile Dental Center / Dental Office
    • Affinity Dental Hygiene / Dental Office
    • Werner Sarah DDS / Dental Office

    Property Details for 5055 Kentucky Ave

    Year built
    1969
    Construction
    WOOD
    Lot size
    0.50 lot acres
    Property size
    5,656 SF
    Zone code
    S-MX-3
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    06184-12-005-000
    APU
    618412005000

    Description

    This exceptional 1,088-square-foot medical office suite is ideally located at 5055 E Kentucky Ave, Denver, CO 80246, within the desirable Cherry Creek, Glendale, Hilltop, Virginia Village submarket. Situated in a single-story, 5,500-square-foot building constructed in 1969 and extensively renovated in 2020, this suite boasts excellent natural light and high visibility. The space features a welcoming waiting room, a dedicated laboratory area, and a private office, perfect for a physician or medical professional. The property offers convenient on-site parking, a significant advantage in this vibrant area. The suite's 8-foot ceilings contribute to a spacious and comfortable atmosphere. While there is no elevator, the single-story building ensures easy accessibility. This single-tenant occupancy presents a unique opportunity for a medical practice seeking a well-maintained, conveniently located space with strong curb appeal. The property's location provides easy access to major thoroughfares and is near the intersection of E Kentucky Ave and Cherry Street. This turnkey medical office suite is ready for immediate occupancy. The property benefits from its location in a thriving Denver submarket known for its high concentration of medical facilities and strong patient demographics.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,060,000
      ML approach
      $1,050,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,250,000
      6.5%
      $1,155,000
      7%
      $1,070,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,238,000
      Market price range: $939k - $2.34M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,715,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,835,000
      Change: +7% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,830,000
      Change: +7% Conversion: Easy
      RETAIL STORES
      $1,820,000
      Change: +6% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,760,000
      Change: +2% Conversion: Moderate
      OFFICE BUILDING
      $1,445,000
      Change: -16% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.928
    Latitude
    39.7005
    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
    $20,073
    $111,990
    $147,060
    $259,050
    -
    $431,400
    $527,100
    $958,500
    More about this property
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