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

    1515 Walnut St Boulder, CO 80302

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $25 SF/Yr ($4,243 /Mo)

    Third-floor office with balcony, Flatiron views, and shared rooftop.

    Property size:
    2,037 SF
    Lot size:
    0.11 Acres

    Property Features for 1515 Walnut St

    General Information

    Size
    2,037 SF
    Lot size
    0.11 Acres

    We can help!

    Listing Contact
    Chad Henry
    Source: Moodyscre

    Listing Agency: The W.W. Reynolds Companies Listing Agent: Chad Henry

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

    Learn more

    Overview

    Downtown Boulder Office Space Available

    This third-floor office space offers 2,037 square feet and features an expansive open area, one private office, two conference rooms, and a dedicated phone booth room. The space also includes a kitchen and private restrooms equipped with a shower. Located in downtown Boulder, the property provides views of the Flatirons from a private balcony. Additionally, tenants have access to a shared rooftop patio.
    Location Intelligence

    Current Use by Public Records

    Orbit Logic (Bike/Boat/Book/etc) Store Cloud Campaign (Bike/Boat/Book/etc) Store Halp (Bike/Boat/Book/etc) Store Cubspot (Bike/Boat/Book/etc) Store Catalyst Communication Inc Advertising Agency

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.2753151
    Latitude
    40.0181026

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      CO, Boulder - Pearl St.

      Discover many ways to work your way in CO, Boulder - Pearl St.
      1200 Pearl St, Boulder, CO 80302
      View Details
    • $15 SF/Yr
      42,253 SF

      Boulder Retail/Flex Space For Lease

      Retail/Flex space for lease in high visibility Boulder location.
      5440 Arapahoe Ave, Boulder, CO 80303
      View Details
    • $21 SF/Yr

      Remodeled Office Space in Boulder

      Bright, spacious office suites with kitchenette and ample parking.
      5600 Arapahoe Ave, Boulder, CO 80303
      View Details
    • $12 SF/Yr
      79,715 SF

      Boulder Office Space For Lease

      Office suites available in Boulder, ranging from 891 to 6,077 SF.
      1790 30Th St, Boulder, CO 80301
      View Details
    • $19 SF/Yr
      48,787 SF

      North Boulder Offices For Rent

      Flexible office spaces with natural light, sustainable design, and great location.
      3101 Iris Ave, Boulder, CO 80301
      View Details
    • $7 SF/Yr
      40,511 SF

      Boulder Office Space For Rent

      Medical or professional office space available near US 36.
      2935 Baseline Rd, Boulder, CO 80303
      View Details
    • $15 SF/Yr

      Boulder Medical & Professional Office

      Medical and professional office space available in a serene setting.
      7490 Clubhouse Rd, Boulder, CO 80301
      View Details
    • $19 SF/Yr

      Boulder Office & Medical Suites

      Professional office and medical suites available for lease in Boulder.
      2995 Baseline Rd, Boulder, CO 80303
      View Details
    • $1.00 SF/Yr
      132,422 SF

      Historic Boulder Depot Restaurant Opportunity

      Fully equipped restaurant space with high-end finishes and large patio.
      2366 Junction Pl, Boulder, CO 80301
      View Details
    • $21 SF/Yr
      57,935 SF

      Retail Spaces in Central Boulder

      High visibility retail spaces available in central Boulder's core shopping district.
      2700 28Th St, Boulder, CO 80301
      View Details
    • $17 SF/Yr

      Boulder Office Space for Lease

      Office suites available for lease with gardens and parking.
      3825 Iris Ave, Boulder, CO 80301
      View Details
    • $19 SF/Yr

      Downtown Boulder Office Space Available

      7,642 SF office space in downtown Boulder for lease.
      1011 Walnut St, Boulder, CO 80302
      View Details

    FAQs

    What type of property is this?
    Office space - Third-floor office with balcony, Flatiron views, and shared rooftop.
    Where is this office space located?
    The property is located at 1515 Walnut St Boulder, CO.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Great downtown Boulder location; - Flatiron views from private balcony and shared rooftop patio; - Expansive open area
    (303) 442-8687
    Request Owner's contact information
    1515 Walnut St Boulder, CO 80302
    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.
    1515 Walnut St
    Boulder, CO 80302
    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
    1515 Walnut St Boulder, CO 80302
    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
    Chad Henry
    (303) 442-8687
    Learn more
    Google sign-in failed. Please try again or use another login method.