5570 Dtc PkwyGreenwood Village, CO 80111

Property Details for 5570 Dtc Pkwy

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.55 AC

Property size (Sq ft)

28,000 SF

Zone code

PUD

Property type

Office properties

Property subtype

Office buildings

APN

2075-16-4-06-002

APU

207516406002

Description

This Greenwood Village, Colorado office building, located at 5570 DTC Parkway, presents a unique investment opportunity. The 28,000 square foot, two-story building sits on a 5.04-acre lot, offering significant redevelopment potential. Currently 50% occupied with multi-tenant leases extending into 2026/2027, the property features approximately 119 parking spaces (4.25/1,000 SF ratio). Built in 1966 and renovated in 2018, the Class B building includes an elevator, sprinkler system, and updated HVAC (new compressors in 2020). Each level boasts two direct entries. The asking price is $6,400,000. Zoned TC, this property is ideally situated in the heart of the Denver Technological Center (DTC), just two blocks from the RTD Light Rail station, providing convenient access to numerous amenities. A 14,000 square foot suite is immediately available for an owner-user or to expand existing tenancy. The property's location in the affluent Greenwood Village neighborhood, combined with its size and zoning, allows for a variety of commercial and residential uses (with Special Use Permit). This is an exceptional opportunity for an owner-user seeking a prominent location with income potential or a developer looking for a prime redevelopment site. The Arapahoe County APN is 2075-16-4-06-002

• CAP approach

  CAP return

  Valuation

  6%

  $6,008,402

  6.5%

  $5,546,218

  7%

  $5,150,059

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,313,360

  Geo Method

  $2,313,360

• Alternative Use

  Use

  Valuation

  Residential

  $6,877,310

  Hospitality

  $6,299,579

  Educational

  $5,241,176

  Medical

  $5,421,428

  Retail

  $8,152,940

Location Insight

City

Greenwood Village

County

Arapahoe

State

Colorado

Latitude

39.6162

Longitude

-104.894

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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