Flex Space in Technology
For Sale
Contact for pricing
101 South Taylor Avenue, Louisville, CO 80027
Adaptable commercial building supporting office, research and development, light industrial, and flexible space uses.
Property Size56,054 SF
Price / SF$232.14
Days on Market242
Property Features for 101 South Taylor Avenue
General Information
Standard status
Active
Size
56,054 SF
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Building Details
Building Size
56,054 SF
Listing Agency:
The Colorado Group, Inc.
(303) 449-2131
Listed By:
Liz Amaro
(720) 244-9902
Source:
Moodyscre
Added: Jan 8
Changed: Sep 6
Last Checked: Sep 7 at 12:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Colorado Group, Inc.
Investment Insights
Based on property information with market context.
This flex property at 101 South Taylor Avenue offers adaptable commercial space within the Colorado Technology Center. The building includes versatile floor plans and can accommodate either a single-tenant or multi-tenant configuration. Its stated use potential includes office, research and development, light industrial, and flexible space operations, with on-site parking serving the property.
The property is positioned for access to Highway 36, Northwest Parkway, and the broader Denver-Boulder metropolitan area. Its setting within a technology-focused business center places it near major technology employers, while nearby trails, restaurants, and craft breweries add surrounding amenities. The location is in Louisville, Colorado, within Boulder County.
The property is positioned for access to Highway 36, Northwest Parkway, and the broader Denver-Boulder metropolitan area. Its setting within a technology-focused business center places it near major technology employers, while nearby trails, restaurants, and craft breweries add surrounding amenities. The location is in Louisville, Colorado, within Boulder County.
Key Highlights
- Flex property within Colorado Technology Center
- Supports office, research and development, light industrial, and flexible space uses
- Versatile floor plans for single‑tenant or multi‑tenant occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$738,592
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,771,840
$14.8M
Cap Rate 7%
$10,551,314
$10.6M
Cap Rate 9%
$8,206,578
$8.2M
Market Conditions
NOI Build-Up for 55,570 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$1.39M $24.96/SF
− Vacancy
−$402.2K −$7.24/SF
EGI
$984.8K $17.72/SF
− OpEx
−$246.2K −$4.43/SF
NOI
$738.6K $13.29/SF
Area
Boulder County, CO
Vacancy
29.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,771,840
Cap Rate 7%
$10,551,314
Cap Rate 9%
$8,206,578
Alternative Uses
Best Use
Office B
$10.55M
$9.23M – $12.31M
NOI $738,592 @ 7.0% cap · market cap 5.73%
Second Best
Flex RnD
$9.93M
$8.69M – $11.58M
NOI $694,814 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$16.77M
$14.67M – $19.56M
NOI $1,173,638 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80027, CO
34,413
Population
13,248
Households
2.6
Avg Household Size
40
Median Age
71%
College-Educated
98%
High-School Grad
18.6 sq mi
ZIP Area
1,850
Density / Sq Mi
$153,165
Median Household Income
$70,617
Median Earnings
$2,234
Median Rent
$822,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial building supporting office, research and development, light industrial, and flexible space uses.
Where is this flex space located?
The property is located at 101 South Taylor Avenue Louisville, CO.
What is the asking price?
The asking price for this property is $12,900,000.
What are key features of this property?
This property features: Flex property within Colorado Technology Center; Supports office, research and development, light industrial, and flexible space uses; Versatile floor plans for single‑tenant or multi‑tenant occupancy
