455 Hudson StDenver, CO 80246

  • Office buildings
  • 18,192 SF
For Sale
$4,000,000 View listing

Property Details for 455 Hudson St

Year built
1985
Construction
STEEL FRAME
Lot size
0.68 AC
Property size (Sq ft)
18,192 SF
Zone code
PUD
Property type
Office buildings
APN
06181-13-046-000
APU
618113046000

Description

This exceptional Class A medical office building, located at 455 S Hudson St in Denver, Colorado, presents a compelling investment opportunity. The 17,702 square foot building, constructed in 1985, sits on a 29,812 square foot lot and is zoned PUD. Currently boasting 60% occupancy across multiple tenants, the property features a desirable mix of existing leases, including a fully furnished and equipped dental suite ready for immediate use. The building's efficient layout includes numerous exam rooms, each conveniently plumbed, along with a dedicated lab and break room. Ample parking is available, including covered spaces and additional storage within the parking garage. The building's design maximizes natural light, particularly with its western exposure, and features high-quality finishes throughout. The asking price is $4,000,000, translating to $225.96 per square foot. This three-story building offers a strong return on investment with its established tenancy and desirable location in Denver County, zip code 80246. The property's APN is 06181-13-046-000. This is a NNN lease type property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,869,840
    6.5%
    $3,572,160
    7%
    $3,317,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,568,700
    Geo Method
    $1,503,020
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,758,510
    Retail / Commercial
    $3,519,420
    Mixed-Use / Specialty
    $3,549,180
    Hospitality / Lodging
    $2,659,000
    Institutional / Educational
    $3,704,830
    Residential Income
    $4,334,660
    Multifamily
    $4,964,210
    Automotive / Energy
    $3,175,570
    Parking / Income-Based Land
    $1,054,050
    Restaurant / Food Service
    $1,936,250
    Healthcare / Senior Housing
    $3,596,230

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7085
Longitude
-104.924
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
$62,750
$241,170
$568,660
$809,830
-
$894,400
$2,038,200
$2,932,600

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