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Market Conditions in 80204 : Real Estate Advice

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Activity 1
Tue May 27, 2008
Stuart Dobson answered:
Hi Bart,

How big is the overall space 2,000 sq. ft. or 20,000? That will affect the price. Also there is a big difference between office, retail showroom, and warehouse space. If the building was built in 1999 I would imagine it is in pretty good condition, doesn't require anything more than a phase one EPA, and should be fairly efficient. However those are just guesses. Other factors include but are not limited to: Lot size, build out, tenant finish, location, current tenants (if any), zoning, and frontage.

There are so many factors to a correct valuation, I would need much more info to give a better answer.

thank you,

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