Flex
For Sale
$420,000
10850 Dover St 900, Broomfield, CO 80021
Built in 2008 with some public transit service and a car-dependent location.
Property Size1,200 SF
Days on Market25
Property Features for 10850 Dover St 900
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,908
Building Details
Building Size
1,200 SF
Year Built
2008
Listing Agency:
Market Real Estate
Listed By:
Heidi Schamber · License #100035303
(303) 444-4344
Source:
Elliman
Added: Sep 13
Changed: Sep 25
Last Checked: Oct 5 at 6:38PM
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 Market Real Estate
Investment Insights
Based on property information with market context.
This flex space at 10850 Dover St 900 in Broomfield, Colorado, was built in 2008. The property records a Walk Score of 31, reflecting a car-dependent setting, along with a Bike Score of 38 and a Transit Score of 40, indicating some transit availability.
Key Highlights
- Built in 2008
- Walk Score of 31; car‑dependent setting
- Transit Score of 40; some transit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,297
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,940
$285.9K
Cap Rate 7%
$204,243
$204.2K
Cap Rate 9%
$158,856
$158.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$22.2K $18.48/SF
− Vacancy
−$1.8K −$1.46/SF
EGI
$20.4K $17.02/SF
− OpEx
−$6.1K −$5.11/SF
NOI
$14.3K $11.91/SF
Area
Adams County, CO
Vacancy
7.90%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,940
Cap Rate 7%
$204,243
Cap Rate 9%
$158,856
Alternative Uses
Best Use
Industrial
$204.2K
$178.7K – $238.3K
NOI $14,297 @ 7.0% cap · market cap 3.40%
Second Best
Flex RnD
$158.8K
$138.9K – $185.3K
NOI $11,115 @ 7.0% cap · market cap 2.65%
Theoretical Best
Multifamily LT 5
$17.66M
$15.45M – $20.60M
NOI $1,235,896 @ 7.0% cap · market cap 294.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80021, CO
36,176
Population
17,353
Households
2.1
Avg Household Size
36
Median Age
53%
College-Educated
98%
High-School Grad
16.5 sq mi
ZIP Area
2,192
Density / Sq Mi
$105,645
Median Household Income
$59,947
Median Earnings
$2,054
Median Rent
$530,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Built in 2008 with some public transit service and a car-dependent location.
Where is this flex space located?
The property is located at 10850 Dover St 900 Broomfield, CO.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Built in 2008; Walk Score of 31; car‑dependent setting; Transit Score of 40; some transit
