New search
Property profile & analytics
FOR SALE
Office buildings
98 E Inverness Dr, Englewood, CO 80112
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US13-0389434
For Sale
1 / 2
$5,550,000
98 E Inverness Dr, Englewood, CO 80112
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
FRAME
Total area
40,915 SF
Lot
2.47 ac (107,593 SF)
APN
2075-35-2-10-001
UPID
US13-0389434
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
Current use
Occupant on record · Public records
-
ProLink Solutions (Bike/Boat/Book/etc) Store Corporate Office
-
Procorem (Bike/Boat/Book/etc) Store Corporate Office
-
Pristine Screens Marketing & Advertising
-
Law Mother Asset Protection and Estate Planning Law Firm
-
Rize Construction LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.89M
Blend (final)
Blend
$7.89M
Owner & transaction history
98 Inverness LLC · 15 yrs held
98 Inverness LLC
since 2010
7 recorded transactions
Zoning & alternative use
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.89M
Range $7.10M – $8.68M · ±10%
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
$193 / 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
$74,055
Tax year 2023
Assessed value
$819,702
Assessed 2023
Previous assessed
$640,030
+28.1% YoY
Effective rate
9.03%
On assessed value
Land market value
$1,611,285
Improvement market value
$1,326,715
Total market value
$2,938,000
Applied tax rate
1,423.0000
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 Sale
Year built
1981
Construction
FRAME
Heating
NONE
Stories
3
Bathrooms
12
Total area
40,915 SF
Lot
2.47 ac (107,593 SF)
APN
2075-35-2-10-001
UPID
US13-0389434
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
Building & site characteristics
From public records
Year built
1981
Construction
FRAME
Heating
NONE
Stories
3
Bathrooms
12
Lot
2.47 ac
Current owner
From public records · entity-resolved
98 Inverness LLC
Entity
Mailing address
98 INVERNESS DR E STE #250, ENGLEWOOD, CO 80112-5316
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2018
—
98 Inverness LLC
—
Deed
related
$2,000,000 · Flatirons Bank
Sep 18, 2012
—
98 Inverness LLC
—
Deed Of Trust
related
$2,300,000 · Bank Of America
Aug 2, 2010
$1,995,000
98 Inverness LLC
Firstbank Of Littleton
Special Warranty Deed
$1,034,000 · Us Bank NA
Mar 31, 2010
—
Firstbank Of Littleton
98 Inverness LLC
Warranty Deed
—
Dec 18, 2006
$4,000,000
98 Inverness LLC
Event Center Properties LLC
Grant Deed
$2,900,000 · University/colorado R/e Foun
Jan 24, 2000
$4,025,000
Event Center Properties LLC
98 Inverness Drive LLC
Grant Deed
$4,000,000 · Bank One Colorado
—
—
98 Inverness LLC
—
Deed Of Trust
related
$806,000 · Colorado Lending Source Ltd
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
