Brighton Commercial Office Building For
For Sale
$550,000
124 4th Avenue, Brighton, CO 80601
Free-standing commercial office building in Brighton, Colorado.
Property Size2,437 SF
Price / SF$225.69
Days on Market354
Property Features for 124 4th Avenue
General Information
Standard status
Active
Size
2,437 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$8,947
Amenities
3
Composition
2 Parking Spaces. Concrete Driveway.
Building Details
Year Built
1948
Listing Agency:
MB Hepp Realty LLC
(303) 520-4340
Listed By:
Jan Hepp-Struck
(303) 520-4340
Source:
Xome
Added: Sep 4, 2025
Changed: Aug 23
Last Checked: Aug 23 at 9:17AM
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 MB Hepp Realty LLC
Investment Insights
Based on property information with market context.
This free-standing commercial office building, zoned C-O, is located on South 4th Avenue in Brighton, Colorado. The all-brick structure includes a finished basement, a covered front patio, and a detached 2-car garage. Approximately 8 parking spaces are available in the back off the paved alley. The main and basement levels offer 6-8 rooms suitable for offices or meeting/conference rooms. The main floor features a kitchen with a non-working stove, while the basement includes a kitchenette. There is one-half bath upstairs and a ¾ bath downstairs, along with a handicap ramp to the front door. All window coverings and appliances on site are included. The property benefits from a great location, traffic count, and visibility. Potential uses include a small office, senior living/assisted living, museum, library, micro retail, small lodging (bed and breakfast), medical care, recreation and entertainment indoor limited, services, artisan manufacturing limited, roof and wall mounted wireless communication facility, small cell wireless communication facility, and other uses potentially available with an approved Conditional Use Permit. The property has a walk score of 70, indicating it is very walkable, a bike score of 46, indicating it is somewhat bikeable, and a transit score of 23, indicating minimal transit.
Key Highlights
- Free‑standing commercial office building in a high‑visibility location on South 4th Avenue.
- Versatile C‑O zoning allows for a wide range of potential uses.
- Includes approximately 8 parking spaces in the back, plus a detached 2‑car garage.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,090
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$621,800
$621.8K
Cap Rate 7%
$444,143
$444.1K
Cap Rate 9%
$345,444
$345.4K
Market Conditions
NOI Build-Up for 2,437 SF
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.
Gross rent
$43.9K $18.00/SF
− Vacancy
−$2.4K −$0.99/SF
EGI
$41.5K $17.01/SF
− OpEx
−$10.4K −$4.25/SF
NOI
$31.1K $12.76/SF
Area
Weld County, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$621,800
Cap Rate 7%
$444,143
Cap Rate 9%
$345,444
Alternative Uses
Best Use
Office B
$444.1K
$388.6K – $518.2K
NOI $31,090 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,085
Businesses Nearby
Explore this area
Business Placement
Demographics for 80601, CO
40,460
Population
13,885
Households
2.9
Avg Household Size
34
Median Age
24%
College-Educated
88%
High-School Grad
26.2 sq mi
ZIP Area
1,544
Density / Sq Mi
$99,031
Median Household Income
$49,378
Median Earnings
$1,729
Median Rent
$471,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Free-standing commercial office building in Brighton, Colorado.
Where is this office building located?
The property is located at 124 4th Avenue Brighton, CO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Free‑standing commercial office building in a high‑visibility location on South 4th Avenue.; Versatile C‑O zoning allows for a wide range of potential uses.; Includes approximately 8 parking spaces in the back, plus a detached 2‑car garage.
