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Property profile & analytics
FOR LEASE
Office buildings
8390 E Crescent Pkwy Greenwood Village, CO 80111
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0587998
For Lease
1 / 2
$23 SF/Yr
8390 E Crescent Pkwy, Greenwood Village, CO 80111
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Property summary
AI-generated overview
Crescent VII, a Class A, six-story office building in Greenwood Village, CO, offers 135,332 square feet of executive office space. Located at 8390 E Crescent Pkwy, 80111, this property sits on a 3.46-acre lot in Arapahoe County and boasts impressive features. Multiple tenancy options are available, with spaces ranging from a minimum of 1,490 square feet to a maximum contiguous space of 11,499 square feet. Currently, 22,134 square feet of space is vacant. The building, constructed in 1997, features expansive glass lines, nine-foot ceilings, and a sophisticated lobby with premium finishes including stone and ceramic tile flooring, a floor-to-ceiling glass entryway, and coffered ceilings with dramatic light fixtures. A grand staircase connects the first and second floors to the attached structured parking garage, providing ample parking with a ratio of 3.8 spaces per 1,000 square feet. Elevators are available for convenient access to all floors. This prime location in the Denver Tech Center offers easy access to major transportation routes and amenities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Construction
CONCRETE
Total area
140,767 SF
Lot
3.44 ac (149,846 SF)
Zoning code
GTC
APN
2075-16-1-02-039
UPID
US13-0587998
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
$11.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.49M
Owner & transaction history
Century Communities INC · 2 yrs held
Century Communities INC
since 2024
Last sale
$11.5M
3 recorded transactions
Zoning & alternative use
GTC · Greenwood Village, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$11,485,000
ML approach
$11,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.49M
Range $10.34M – $12.63M · ±10% · vs last sale $11.49M (Jun 10 2024)
Last sale anchor
$11.49M
Jun 10 2024
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
$82 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$684,867
Tax year 2023
Assessed value
$7,897,095
Assessed 2023
Previous assessed
$7,897,095
+0.0% YoY
Effective rate
8.67%
On assessed value
Land market value
$2,996,920
Improvement market value
$25,308,080
Total market value
$28,305,000
Applied tax rate
151.0000
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
1996
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
6
Bathrooms
100
Total area
140,767 SF
Lot
3.44 ac (149,846 SF)
Zoning code
GTC
APN
2075-16-1-02-039
UPID
US13-0587998
Jurisdiction
ARAPAHOE
Zoning & alternative use
GTC · Greenwood Village, CO
Zoning GTC · permitted uses
GTC · Greenwood Village, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenwood Village. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
CONCRETE
Heating
NONE
Stories
6
Buildings
3
Bathrooms
100
Lot
3.44 ac
Current owner
From public records · entity-resolved
Century Communities INC
Entity
Mailing address
8390 E CRES PKWY STE #650, GREENWOOD VILLAGE, CO 80111-2940
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2024
$11,485,000
Century Communities INC
Crescent Kbwest LLC
Special Warranty Deed
$8,490,000 · Firstbank
Dec 23, 2015
$30,025,000
American Natl Ins
Sj Crescent Parkway LLC
Grant Deed
—
Sep 30, 2010
—
Sj Crescent Parkway LLC
Police & Dept Retirement Fund
Warranty Deed
—
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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