Golden, CO Office
24928 Genesee Trail Road Golden, CO 80401
24928 Genesee Trail Road, Golden, CO, 80401
$1,250,000
For Sale
$1,250,000
7,266 SF office building in Golden, Colorado for sale.
Property Size7,266 SF
Lot Size2.08 Acres
Price / SF$172.03
Days on Market630
Property Features for 24928 Genesee Trail Road
General Information
- Standard status
- Active
- Size
- 7,266 SF
- Lot size
- 2.08 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2000
Listing Agency
Colorado Commercial Advisors
(303) 877-8329
Listed by
Jason Parker · License #100023261
(303) 877-8329
Source
Exitrealty
Added: Oct 29, 2024 Updated: Jul 6 at 12:16 pm Checked: Jul 20 at 5:55 am
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
Investment Insights
Based on property information with market context.
Located in Golden, CO, this 7,266 SF building offers an investment opportunity. The property consists of 4 units and is zoned PD. The flexible layout and potential for rental income may provide a return on investment in the Office / Office Building sector.
Key Highlights
- Prime investment opportunity in Golden, CO.
- 7,266 SF building comprised of 4 units.
- Zoned PD, attracting businesses seeking a desirable location.
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
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
NOI $1,131,863 @ 7.0% cap · market cap 90.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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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 Road 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, attracting businesses seeking a desirable location.
