9085 Mineral CirCentennial, CO 80112

  • Office properties
  • 921 SF
For Sale
$380,000 View listing

Property Details for 9085 Mineral Cir

Year built
1982
Construction
STEEL FRAME
Lot size
0.01 AC
Property size (Sq ft)
921 SF
Property type
Office properties
Property subtype
Office buildings
APN
2075-34-2-39-002
APU
207534239002

Description

This exceptional 1,623-square-foot office condominium is located at 9085 E Mineral Cir, Ste 125, Englewood, CO 80112, within the Panorama Falls Office Condominiums. Built in 1984, this meticulously maintained space features two private offices bathed in natural light, offering beautiful views. A versatile conference room, easily adaptable as a third private office, adds to the functionality. A dedicated break room and copy/work room enhance efficiency, complemented by a welcoming reception area. Ample parking is available, and the building boasts a wet sprinkler system and masonry construction. The property includes condo dues of $1,111.74 annually and estimated 2024 property taxes of $10,298.93. This prime location offers convenient access to I-25, Dry Creek Road, and the Denver Tech Center. Commuting is a breeze, with a short 20-minute drive to downtown Denver, a 20-minute commute to Castle Rock, and less than 35 minutes to Denver International Airport (DIA). The Dry Creek light rail station is a mere 10-minute walk away. Furniture is negotiable. This presents a rare opportunity to own an office condo in a highly sought-after area with limited inventory. The unit is classified as a Creative, Executive, and Traditional Office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $201,454
    6.5%
    $185,958
    7%
    $172,675
  • Comparable approach

    Method
    Valuation
    Relative Method
    $76,093
    Geo Method
    $76,093
  • Alternative Use

    Use
    Valuation
    Residential
    $230,588
    Hospitality
    $211,217
    Educational
    $175,730
    Medical
    $181,774
    Retail
    $273,358
9085 Mineral Cir, Centennial, Colorado

Location Insight

City
Centennial
County
Arapahoe
State
Colorado
Latitude
39.5762
Longitude
-104.885
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
2021
$6,317
-
-
$68,718
-
$120,000
$156,300
$276,300

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