5353 Dartmouth AveDenver, CO 80227

  • Office properties
  • 78,432 SF
For Lease
$19.75/SF/YR View listing

Property Details for 5353 Dartmouth Ave

Year built
1979
Construction
CONCRETE
Lot size
3.49 AC
Property size (Sq ft)
78,432 SF
Zone code
B-2
Property type
Office properties
Property subtype
Office buildings
APN
04364-00-008-000
APU
436400008000

Description

This exceptional five-story office building, constructed in 1979, offers 83,833 square feet of prime commercial space in Denver, Colorado. Located at 5353 W Dartmouth Ave, 80227, this traditional office building boasts eight individual suites, with a minimum divisible space of 416 square feet and a maximum contiguous space of 6,024 square feet. Currently, 16,768 square feet is available for lease, offering flexibility for businesses of various sizes. The building features abundant natural light in each office, enhancing productivity and creating a pleasant work environment. On-site property management ensures efficient and responsive building maintenance. Its strategic location provides convenient access to Highway 285 and West Hampton Avenue, placing tenants within five minutes of River Point at Sheridan and South Santa Fe Drive. The surrounding area offers a wealth of amenities, including nearby parks and public transportation options, making it an attractive location for employees. All expenses are included in the lease, simplifying budgeting and streamlining operations. This high-profile professional building presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Denver neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,830,394
    6.5%
    $15,535,748
    7%
    $14,426,052
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,480,052
    Geo Method
    $6,480,052
  • Alternative Use

    Use
    Valuation
    Residential
    $19,264,328
    Hospitality
    $17,646,020
    Educational
    $14,681,282
    Medical
    $15,186,193
    Retail
    $22,837,550
5353 Dartmouth Ave, Denver, Colorado

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.6566
Longitude
-105.055
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
$201,023
$595,940
$1,998,370
$2,594,310
-
$2,166,000
$7,162,600
$9,328,600

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