For Sale
$415,000
5420 Arapahoe Ave, Boulder, CO 80303
1,224 SF commercial condo with office, retail, and fitness potential.
Property Size1,224 SF
Lot Size0.08 Acres
Price / SF$339.05
Days on Market399
Property Features for 5420 Arapahoe Ave
General Information
Standard status
Active
Property type
Office Units, Office Spaces, Retail space, Individual retail properties, Retail properties & Spaces, Fitness centers & gyms, Sports & entertainment properties, Other individual retail properties
Size
1,224 SF
Lot size
0.08 Acres
Building Details
Year Built
2002
Listed By:
Michael-Ryan McCarty
(303) 818-7688
Added: Sep 11, 2025
Changed: Aug 31
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,188
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,760
$403.8K
Cap Rate 7%
$288,400
$288.4K
Cap Rate 9%
$224,311
$224.3K
Market Conditions
NOI Build-Up for 1,224 SF
Gross rent
$30.8K $25.20/SF
− Vacancy
−$2.0K −$1.64/SF
EGI
$28.8K $23.56/SF
− OpEx
−$8.7K −$7.07/SF
NOI
$20.2K $16.49/SF
Area
Boulder, CO
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,760
Cap Rate 7%
$288,400
Cap Rate 9%
$224,311
Alternative Uses
Best Use
Retail
$288.4K
$252.4K – $336.5K
NOI $20,188 @ 7.0% cap · market cap 4.86%
Second Best
Office B
$245.8K
$215.1K – $286.8K
NOI $17,207 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$413.6K
$361.9K – $482.6K
NOI $28,953 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,977
Businesses Nearby
Explore this area
Business Placement
Demographics for 80303, CO
25,328
Population
12,583
Households
2
Avg Household Size
32
Median Age
79%
College-Educated
99%
High-School Grad
21.9 sq mi
ZIP Area
1,157
Density / Sq Mi
$77,344
Median Household Income
$31,661
Median Earnings
$1,833
Median Rent
$941,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 1,224 SF commercial condo with office, retail, and fitness potential.
Where is this office units located?
The property is located at 5420 Arapahoe Ave Boulder, CO.
What is the asking price?
The asking price for this property is $415,000.
