Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1499 W 120Th Ave Westminster, CO 80021

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $27 SF/Yr ($15,160 /Mo)

    Office space available for lease in Westminster, Colorado.

    Property size:
    6,738 SF
    Lot size:
    2.94 Acres

    Property Features for 1499 W 120Th Ave

    General Information

    Size
    6,738 SF
    Lot size
    2.94 Acres

    We can help!

    Listing Contact
    Roger E. Simpson
    Source: Moodyscre

    Listing Agent: Roger E. Simpson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Westminster Office Space For Lease

    This office space, located in Westminster, Colorado, offers 6,738 square feet of space available for lease. The property is suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RS Consulting Dental Office Gateway Mortgage Loan Service First American Title ... Title Company Erika Bergstrom - Summit ... Loan Service Jaye Forte - Gateway ... Loan Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Adams
    State
    Colorado
    Longitude
    -105.0037336
    Latitude
    39.9145355

    Nearby Similar for Lease

    • $14 SF/Yr

      Westminster Office Suites For Lease

      High-profile office suites available in growing urban Westminster area.
      9035 Wadsworth Pkwy, Westminster, CO 80021
      View Details
    • $15 SF/Yr
      52,272 SF

      Westminster Retail Space Available

      Retail spaces with high visibility and traffic in Westminster, CO.
      8801 N Harlan St, Westminster, CO 80031
      View Details
    • Contact for pricing
      204,832 SF

      Westminster Flex Space Available

      Prime Westminster location, flexible spaces.
      10835 Dover St, Westminster, CO 80021
      View Details
    • Contact for pricing
      15,181 SF

      Westminster Retail & Restaurant Space

      Downtown Westminster, CO: 4 Units Available
      8877 Eaton St, Westminster, CO 80031
      View Details
    • $29 SF/Yr
      1,494 SF

      Restaurant Space with High Traffic

      Restaurant space with grease trap, signage, and ample parking.
      1001-1005 W 120Th Ave, Westminster, CO 80021
      View Details
    • $12 SF/Yr
      125,424 SF

      Westminster Retail Center Opportunity

      High-traffic shopping center, space available.
      0 74Th Ave, Westminster, CO 80030
      View Details
    • $31 SF/Yr
      6,004 SF

      Westminster Medical Office Space

      Prime Medical Office, 1,800-6,004 SF
      5165 72Nd Ave, Westminster, CO 80030
      View Details
    • $22 SF/Yr
      1,300 SF

      Retail Space with High Exposure

      Retail units with high foot traffic and excellent visibility.
      12900 Zuni St, Westminster, CO 80020
      View Details
    • Contact for pricing
      44,796 SF

      Church Ranch Office Sublease Opportunity

      7,741 SF Creative Office Space Available
      7401 Church Ranch Blvd, Westminster, CO 80021
      View Details
    • Contact for pricing
      75,058 SF

      Westminster Flex Space - 75,058 SF

      Class A Flex/Warehouse, 7.15 acres, immediate occupancy.
      8789 108Th Ave, Westminster, CO 80021
      View Details
    • $19 SF/Yr
      4,258 SF

      Move-in Ready Office Building

      Stand-alone office building with parking on a corner lot.
      8687 W 108Th Ave, Westminster, CO 80021
      View Details
    • $14 SF/Yr
      302,840 SF

      Westminster Retail Center Investment Opportunity

      High-traffic shopping center with ample parking.
      7125 88Th Ave, Westminster, CO 80021
      View Details

    FAQs

    What type of property is this?
    Office space - Office space available for lease in Westminster, Colorado.
    Where is this office space located?
    The property is located at 1499 W 120Th Ave Westminster, CO.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Office Space for Lease
    (303) 260-4366
    Request Owner's contact information
    1499 W 120Th Ave Westminster, CO 80021
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1499 W 120Th Ave
    Westminster, CO 80021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1499 W 120Th Ave Westminster, CO 80021
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Roger E. Simpson
    (303) 260-4366
    Learn more
    Google sign-in failed. Please try again or use another login method.