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Property profile & analytics
FOR LEASE
Office buildings
5251 Dtc Pkwy Greenwood Village, CO 80111
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0679614
For Lease
1 / 2
$25 SF/Yr
5251 Dtc Pkwy, Greenwood Village, CO 80111
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
STEEL FRAME
Total area
244,867 SF
Lot
4.33 ac (188,551 SF)
APN
2075-16-2-08-015
UPID
US13-0679614
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$43.95M
Comparable Approach
Comparable
$57.89M
Blend (final)
Blend
$56.74M
Owner & transaction history
Hill One Dtc Owner LLC · 4 yrs held
Hill One Dtc Owner LLC
since 2022
Last sale
$55.7M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$84.8M
+82.1%
Medical building
$75.6M
+62.3%
Industrial (general)
$72.3M
+55.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greenwood Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenwood Village submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$55,815,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$47,605,000
6.5%
$43,945,000
7%
$40,805,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$46,575,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$84,805,000
Change: +82% · Conversion: Difficult
MEDICAL BUILDING
$75,570,000
Change: +62% · Conversion: Easy
INDUSTRIAL (GENERAL)
$72,270,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$56.74M
Range $51.07M – $62.41M · ±10% · vs last sale $55.65M (Feb 7 2022)
Last sale anchor
$55.65M
Feb 7 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$232 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$1,287,869
Tax year 2021
Assessed value
$15,103,665
Assessed 2023
Previous assessed
$14,042,380
+7.6% YoY
Effective rate
8.53%
On assessed value
Land market value
$3,771,014
Improvement market value
$50,393,986
Total market value
$54,165,000
Applied tax rate
849.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1984
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
16
Bathrooms
293
Total area
244,867 SF
Lot
4.33 ac (188,551 SF)
APN
2075-16-2-08-015
UPID
US13-0679614
Jurisdiction
ARAPAHOE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$46.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$84.8M
MEDICAL BUILDING
Est. value
$75.6M
INDUSTRIAL (GENERAL)
Est. value
$72.3M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
NONE
Stories
16
Buildings
3
Bathrooms
293
Lot
4.33 ac
Current owner
From public records · entity-resolved
Hill One Dtc Owner LLC
Entity
Mailing address
8100 E MAPLEWOOD AVE STE #220, GREENWOOD VILLAGE, CO 80111-4806
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2022
$55,650,000
Hill One Dtc Owner LLC
5251 Dtc Parkway LLC
Special Warranty Deed
$32,700,000 · Gim Us Cml Fund LP
Jul 26, 2007
—
5251 Dtc Parkway LLC
Mg-one Dtc LLC
Quit Claim Deed
—
Jul 20, 2005
—
Mg-one Dtc LLC
Building One Dtc
Quit Claim Deed
related
—
—
—
Mg-one Dtc LLC
—
Deed Of Trust
related
$30,500 · Transamerica Occidental Life
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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