Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    518 17Th St Denver, CO 80202
    Back to Search
    Property profile & analytics

    518 17Th St, Denver, CO 80202

    View on Map
    • Office Spaces
    • 4,137 SF
    For Lease
    View Listing →
    Downtown Office Space with Amenities For Lease
    Contact for pricing
    2,065 SF

    Downtown Office Space with Amenities

    Office space in CBD with fitness center and bowling alley.

    518 17th St, Denver, CO
    View Listing
    Property ID
    US13-0474791
    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

    • Black Creek Group / Real Estate Agency
    • Double R Pipe & Equipment / Factory / Metal Fabrication Plant
    • Ulterra Drilling Technologies / Factory / Production Facility
    • HKM Employment Attorneys LLP / Law Firm
    • HGB Oil Corporation / Factory / Production Facility

    Property Details for 518 17Th St

    Year built
    1980
    Construction
    CONCRETE
    Zone code
    D-C
    Property type
    Office Spaces
    APN
    02346-11-027-027
    APU
    234611027027

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 15, 2022 $14,790,000 Dc Westside LLC Western Office Portfolio Prop Owner Special Warranty Deed $15M · Citywide Banks
    Feb 5, 2019 — Western Office Portfolio Prop Upi Denver Club II LLC Grant Deed · related —
    Jan 22, 2019 $4,387,700 Western Office Portfolio Property O Upi Denver Club LLC Special Warranty Deed $437.5M · Morgan Stanley Mortgage Capital Hol
    Jan 22, 2019 $45,112,300 Western Office Portfolio Prop Upi Denver Club LLC Grant Deed —
    Sep 2, 2016 $1,500,000 Upi Denver Club II LLC Cls Holdings INC Grant Deed —
    Apr 17, 2008 — Cls Holdings INC Front Range Regional Economic Quit Claim Deed · related —
    Feb 14, 2007 — Cls Holdings INC Colorado Lending Source Ltd Quit Claim Deed · related —
    — — Cls Holdings INC — Deed Of Trust · related $600k · Community Reinvestment Fund
    — — Cls Holdings INC — Deed Of Trust · related $558k · Community Reinvestment Fund

    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
    -104.99
    Latitude
    39.7448
    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
    $6,172
    $0.00
    $79,650
    $79,650
    -
    $0.00
    $315,500
    $315,500

    Comparable in this City

    • Value Estimation by Request
      364 SF

      730 17th St6g

      CONDOMINIUM OFFICES
      730 17th St6g, Denver, CO 80202-3580
      View Details
    • Value Estimation by Request
      114 SF

      730 17th St1j

      CONDOMINIUM OFFICES
      730 17th St1j, Denver, CO 80202-3580
      View Details
    • Value Estimation by Request
      611 SF

      730 17th St3b

      CONDOMINIUM OFFICES
      730 17th St3b, Denver, CO 80202-3580
      View Details
    • Value Estimation by Request
      2,504 SF

      730 17th St9f

      CONDOMINIUM OFFICES
      730 17th St9f, Denver, CO 80202-3580
      View Details
    • Value Estimation by Request
      1,661 SF

      730 17th St6c

      CONDOMINIUM OFFICES
      730 17th St6c, Denver, CO 80202-3580
      View Details
    • Value Estimation by Request
      634 SF

      730 17th St7k-1

      CONDOMINIUM OFFICES
      730 17th St7k-1, Denver, CO 80202-3580
      View Details

    Similar Nearby for Sale

    • $1,300,000
      4,218 SF

      Denver Downtown Office Space

      Modern office, prime downtown location. Exceptional amenities.
      1800 Glenarm Pl, Denver, CO 80202
      View Details
    • Contact for pricing
      12,374 SF

      LoDo Mixed-Use Property Near Coors

      Mixed-use property in LoDo, across from Coors Field.
      1948 Blake St, Denver, CO 80202
      View Details
    • $375,000
      1,166 SF

      Downtown Denver Office Condo

      Move-in ready executive suite, prime location.
      1800 Glenarm Pl, Denver, CO 80202
      View Details
    • Contact for pricing
      1,166 SF

      Downtown Denver Office Condo

      Turnkey office condo in the heart of Downtown Denver.
      1800 Glenarm Pl, Denver, CO 80202
      View Details
    • $2,500,000

      Denver Office Building Opportunity

      Prime office building location in downtown Denver near convention center.
      1437 California St, Denver, CO 80202
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,209 SF

      Optimized Denver Office Space

      Office space designed for occupant wellness with cutting-edge technology.
      1900 Lawrence St, Denver, CO 80202
      View Details
    • Contact for pricing
      24,983 SF

      Office Space for Lease

      Office space available with on-site amenities and convenient location.
      2420 17Th St, Denver, CO 80202
      View Details
    • Contact for pricing

      Office Space for Lease

      Office property available for lease in Denver, Colorado.
      1700 Platte St, Denver, CO 80202
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in Denver, Colorado.
      1624 Market St, Denver, CO 80202
      View Details
    • Contact for pricing
      45,924 SF

      Denver Office Space Available

      Prime office space available for lease in Denver, Colorado.
      1624 Market St, Denver, CO 80202
      View Details
    • Contact for pricing

      Downtown Denver Retail/Restaurant Space

      Located in Downtown Denver, near Union Station, great visibility.
      1401 17Th St, Denver, CO 80202
      View Details
    View Listing
    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.
    518 17Th St
    Denver, CO 80202
    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

    Thank You for Inquiry
    518 17Th St, Denver, CO, 80202
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!