5680 Greenwood Plaza BlvdGreenwood Village, CO 80111
- Office buildings
- 115,520 SF
Property Details for 5680 Greenwood Plaza Blvd
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.02 AC
- Property size (Sq ft)
- 115,520 SF
- Property type
- Office buildings
- APN
- 2075-16-3-04-951
- APU
- 207516304951
Description
This exceptional office property, Triad at Orchard Station, offers a prime location in Arapahoe County. The complex comprises three buildings totaling 414,831 square feet, with a Class B rating. Built in 1972, the 16-story complex features multiple tenancy options, perfect for businesses of varying sizes. Individual suites range from a minimum of 2,919 square feet to a maximum contiguous space of 11,288 square feet, with 126,569 square feet currently vacant. The property sits on a substantial 21.76-acre lot and provides ample parking with a 3.1 spaces per 1,000 square feet ratio. Building specifics include: 5660 Greenwood Plaza Blvd (138,723 sq ft, 5 stories); 5670 Greenwood Plaza Blvd (144,189 sq ft, 5 stories); and 5680 Greenwood Plaza Blvd (131,919 sq ft, 6 stories). This presents a unique opportunity for businesses seeking flexible and spacious executive office space in a well-established location. The property's size and layout offer significant potential for expansion and customization, making it an ideal choice for companies looking to establish a strong presence in the area. Currently, there are 20 spaces available.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $24,788,952
- 6.5%
- $22,882,110
- 7%
- $21,247,672
-
Comparable approach
- Method
- Valuation
- Relative Method
- $9,544,262
- Geo Method
- $9,544,262
-
Alternative Use
- Use
- Valuation
- Residential
- $28,373,816
- Hospitality
- $25,990,262
- Educational
- $21,623,594
- Medical
- $22,367,262
- Retail
- $33,636,700
Location Insight
- City
- Greenwood Village
- County
- Arapahoe
- State
- Colorado
- Latitude
- 39.6121
- Longitude
- -104.899
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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