Broomfield Office Property For
For Sale
$2,500,000
13005 Lowell Blvd, Broomfield, CO 80020
Unique Broomfield property with renovated office space and open views.
Property Size6,119 SF
Days on Market267
Property Features for 13005 Lowell Blvd
General Information
Standard status
Active
Size
6,119 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,306
Building Details
Building Size
6,119 SF
Year Built
1919
Units
1
Listing Agency:
Crosbie Real Estate Group
(303) 597-6500
Listed By:
Forrest Hunt
(303) 597-6500
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 14
Last Checked: Aug 21 at 7:36AM
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 Crosbie Real Estate Group
Investment Insights
Based on property information with market context.
This unique property in Broomfield, currently used as an office for a private business, offers various possibilities. The building, formerly a schoolhouse and residence, has been renovated with modern finishes in 2017. It features approximately 6,119 square feet across three levels, with high ceilings and natural light provided by large historic windows. The property includes 24 parking spaces and is situated on a 2.31-acre lot, offering unobstructed views over 350 acres of Broomfield open spaces.
Key Highlights
- Unobstructed views over 350 acres of Broomfield open spaces
- Large 2.31‑acre lot
- Approximately 6,119 SF of space across 3 levels
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
$82,460
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
3.30%
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%
$1,649,200
$1.6M
Cap Rate 7%
$1,178,000
$1.2M
Cap Rate 9%
$916,222
$916.2K
Market Conditions
NOI Build-Up for 6,119 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
$124.1K $20.28/SF
− Vacancy
−$14.1K −$2.31/SF
EGI
$109.9K $17.97/SF
− OpEx
−$27.5K −$4.49/SF
NOI
$82.5K $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 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%
$1,649,200
Cap Rate 7%
$1,178,000
Cap Rate 9%
$916,222
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.37M
NOI $82,460 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$13.62M
$11.91M – $15.89M
NOI $953,189 @ 7.0% cap · market cap 38.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Explore this area
Business Placement
Demographics for 80020, CO
52,141
Population
21,607
Households
2.4
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
19.8 sq mi
ZIP Area
2,633
Density / Sq Mi
$114,039
Median Household Income
$58,056
Median Earnings
$2,024
Median Rent
$570,100
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 - Unique Broomfield property with renovated office space and open views.
Where is this office building located?
The property is located at 13005 Lowell Blvd Broomfield, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Unobstructed views over 350 acres of Broomfield open spaces; Large 2.31‑acre lot; Approximately 6,119 SF of space across 3 levels
