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    Golden, CO Office Building Title is generated by Realmo AI

    24928 Genesee Trail Rd, Golden, CO

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    7,266 SF office building in Golden, Colorado for sale.

    Type:OFFICE
    Property size:
    7,266 SF
    Lot size:
    2.08 Acres
    Price / SF:
    $172/SF
    Added:
    Oct 14, 2024
    Days on Market:
    608
    Last Refresh:
    May 20 at 8:49 pm

    Property Features for 24928 Genesee Trail Rd

    General Information

    Standard status
    Active
    Size
    7,266 SF
    Lot size
    2.08 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Jason Parker
    Jason Parker

    Listing agent Jason Parker License #100023261

    Listing office Colorado Commercial Advisors

    Listing date Oct 14, 2024

    Source Moodyscre

    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 Colorado Commercial Advisors

    HighLights

    • Prime investment opportunity in Golden, CO.
    • 7,266 SF building comprised of 4 units.
    • Zoned PD, suitable for businesses.
    • Flexible layout.
    • High potential for rental income.
    • Potential for a solid return on investment.

    Overview

    This 7,266 square foot building in Golden, CO, presents an investment opportunity. The property is comprised of 4 units. Zoned PD, the property is positioned to attract businesses seeking a location in the Golden area. The property offers a flexible layout and potential for rental income, offering a return on investment in the Office / Office Building sector.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $147.4k $20.28
    − Vacancy −$16.8k −$2.31
    EGI $130.6k $17.97
    − OpEx −$32.6k −$4.49
    NOI $97.9k $13.48
    7,266 SF · lease $20.28/SF/yr · vacancy 11.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.40M
    $1.22M – $1.63M (±1% cap)
    NOI $97,917 @ 7.0% cap · market cap 7.83%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $16.17M
    $14.15M – $18.86M (±1% cap)
    NOI $1,131,863 @ 7.0% cap · market cap 90.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Dental Office Big Box & Wholesale Store Building Supply Auto Repair Shop Pharmacy Auto Parts Store Nail Salon Hair Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Golden
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.319
    Latitude
    39.6329

    FAQs

    What type of property is this?
    Office building - 7,266 SF office building in Golden, Colorado for sale.
    Where is this office building located?
    The property is located at 24928 Genesee Trail Rd Golden, CO.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Prime investment opportunity in Golden, CO.; 7,266 SF building comprised of 4 units.; Zoned PD, suitable for businesses.
    (303) 877-8329 Call to check price and availability
    More about this property
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