695 Colorado BlvdDenver, CO 80246

Property Details for 695 Colorado Blvd

Year built

1982

Construction

STEEL FRAME

Lot size

0.43 AC

Property size (Sq ft)

48,334 SF

Zone code

PUD

Property type

Office properties

Property subtype

Office buildings

APN

05132-00-076-000

APU

513200076000

Description

This exceptional Denver office building, located at 695 S Colorado Blvd, offers a variety of suites ranging from 489 to 1,875 square feet. The 47,069 square foot, four-story building, constructed in 1982 and renovated in 2010, boasts a prime Colorado Boulevard location with excellent visibility and monument signage. Enjoy easy access to I-25, Cherry Creek, and Downtown Denver, along with convenient access to numerous amenities. The building features 139 parking spaces and is zoned B1 (APN: 5132-00-076). Currently, several suites are available for immediate occupancy, including a 532 sq ft suite (Suite 230), a 1,262 sq ft suite (Suite 320) previously used as a dental office, a 579 sq ft suite (Suite 390), and a 489 sq ft suite (Suite 420). These versatile spaces are ideal for a range of businesses, from medical practices and legal offices to wellness brands and small businesses. The rental rate includes utilities, building services, and property expenses, with local management and maintenance provided. The building offers fantastic views and high walkability, making it an attractive location for both employees and clients. This is a multi-tenant building with a minimum divisible space of 489 square feet and a maximum contiguous space of 1,875 square feet. A total of 4,433 square feet is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $10,371,790

  6.5%

  $9,573,960

  7%

  $8,890,106

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,993,355

  Geo Method

  $3,993,355

• Alternative Use

  Use

  Valuation

  Residential

  $11,871,710

  Hospitality

  $10,874,423

  Educational

  $9,047,392

  Medical

  $9,358,546

  Retail

  $14,073,721

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7041

Longitude

-104.941

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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