5105 Dtc PkwyGreenwood Village, CO 80111

Property Details for 5105 Dtc Pkwy

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.81 AC

Property size (Sq ft)

48,075 SF

Property type

Office properties

Property subtype

Office buildings

APN

2075-16-2-02-005

APU

207516202005

Description

FirstBank DTC offers exceptional office space in the heart of Denver's Tech Center, conveniently located at the intersection of Belleview Avenue and I-25. This highly visible building boasts immediate access to major transportation arteries, ensuring effortless commutes for employees and clients. Three executive or medical office suites are currently available, ranging in size from 1,961 to 2,999 square feet, providing flexibility for businesses of various scales. The building's total area encompasses 45,263 square feet, offering ample space for a thriving professional environment. Enjoy the convenience of nearby amenities, including a diverse selection of restaurants such as Eddie V's Prime Seafood, Ocean Prime, Original Pancake House, Starbucks, and Shanahan's Steakhouse, all within walking distance. Furthermore, FirstBank DTC is currently undergoing significant improvements, including a complete lobby and corridor renovation, upgraded elevators, and enhanced building access controls, ensuring a modern and secure workspace. This property is situated in Arapahoe County and is ideal for businesses seeking a prestigious and well-connected location in the Denver Tech Center. The building is multi-tenant, offering a vibrant and collaborative atmosphere. These suites represent a unique opportunity to establish a presence in one of Denver's most sought-after business districts.

• CAP approach

  CAP return

  Valuation

  6%

  $10,316,212

  6.5%

  $9,522,658

  7%

  $8,842,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,971,956

  Geo Method

  $3,971,956

• Alternative Use

  Use

  Valuation

  Residential

  $11,808,095

  Hospitality

  $10,816,152

  Educational

  $8,998,911

  Medical

  $9,308,398

  Retail

  $13,998,307

Location Insight

City

Greenwood Village

County

Arapahoe

State

Colorado

Latitude

39.6233

Longitude

-104.9

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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