Sound-Isolated Flex
11919 I 70 Frontage Road #118, Wheat Ridge, CO 80033
For Sale
New
$465,000
Multiple private rooms and acoustic treatment support quiet, compartmentalized work areas.
Property Size2,360 SF
Price / SF$197.03
Days on Market3
Property Features for 11919 I 70 Frontage Road #118
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Berkshire Hathaway HomeServices Colorado Real Estate, LLC
(303) 289-7009
Listed By:
John Dovenbarger · License #1318931
(303) 591-8771
Source:
Coloradopartners
Added: Nov 6
Changed: Nov 7
Last Checked: Jul 3 at 1:21PM
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 Berkshire Hathaway HomeServices Colorado Real Estate, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,360 SF flex condominium has an office-quality interior, multiple private rooms, and installed acoustic treatment designed to limit sound transfer. The adaptable room arrangement and private setting provide a distinctive workspace configuration. The property was built in 2002 and is zoned PID.
Located at 11919 I 70 Frontage Road #118 in Wheat Ridge, Colorado, the condominium was previously used as a professional recording facility.
Located at 11919 I 70 Frontage Road #118 in Wheat Ridge, Colorado, the condominium was previously used as a professional recording facility.
Key Highlights
- 2,360 SF flex condominium
- Acoustic treatment and sound‑isolation improvements
- Multiple private rooms in an adaptable layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,804
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,080
$636.1K
Cap Rate 7%
$454,343
$454.3K
Cap Rate 9%
$353,378
$353.4K
Market Conditions
NOI Build-Up for 2,360 SF
Gross rent
$47.9K $20.28/SF
− Vacancy
−$5.5K −$2.31/SF
EGI
$42.4K $17.97/SF
− OpEx
−$10.6K −$4.49/SF
NOI
$31.8K $13.48/SF
Area
Jefferson County, CO
Vacancy
11.40%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,080
Cap Rate 7%
$454,343
Cap Rate 9%
$353,378
Alternative Uses
Best Use
Office B
$454.3K
$397.6K – $530.1K
NOI $31,804 @ 7.0% cap · market cap 6.84%
Second Best
Flex RnD
$283.1K
$247.7K – $330.2K
NOI $19,814 @ 7.0% cap · market cap 4.26%
Theoretical Best
Multifamily LT 5
$5.25M
$4.60M – $6.13M
NOI $367,630 @ 7.0% cap · market cap 79.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80033, CO
26,618
Population
13,257
Households
2
Avg Household Size
42
Median Age
44%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
3,207
Density / Sq Mi
$84,719
Median Household Income
$53,503
Median Earnings
$1,536
Median Rent
$568,900
Median Home Value
Market
Average Price Trend$/SF for Flex space in Jefferson County, CO
Properties on Market for Flex space in Jefferson County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Multiple private rooms and acoustic treatment support quiet, compartmentalized work areas.
Where is this flex space located?
The property is located at 11919 I 70 Frontage Road #118 Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 2,360 SF flex condominium; Acoustic treatment and sound‑isolation improvements; Multiple private rooms in an adaptable layout
