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Two-Story Office Building with Offices
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100 Market St, Keenesburg, CO 80643

Two-story office building featuring 12 offices and two conference rooms, currently being rezoned to CBD.

Property Size6,848 SF
Price / SF$160.63
Days on Market454

Property Features for 100 Market St

General Information

Standard status Active
Size 6,848 SF
Property subtype INDUSTRIAL

Additional Details

Office Units 12

Building Details

Stories 2
Listing Agency: Madison Commercial Properties
Listed By: Jeff Walsh
Source: Moodyscre
Added: May 9, 2025 Changed: Jul 29 Last Checked: Jul 29 at 8:29AM

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 Madison Commercial Properties

Investment Insights

Based on property information with market context.

This two-story office building is laid out with 12 offices and two conference rooms. The property is described as a redevelopment opportunity and is currently being rezoned to CBD.

The building is located at 100 Market St in Keenesburg, and is noted to be within walking distance to multiple restaurants, retailers, and coffee shops.

With a compact office configuration and shared conference space, the building can support a range of office uses during the transition to CBD zoning.

Key Highlights

  • Two‑story office building with 12 offices and 2 conference rooms
  • Currently being rezoned to CBD
  • 25 minutes to Denver International Airport

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 $123.3k $18.00
− Vacancy −$6.8k −$0.99
EGI $116.5k $17.01
− OpEx −$29.1k −$4.25
NOI $87.4k $12.76
6,848 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,363 @ 7.0% cap · market cap 7.94%
Second Best
no second resolved use
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

First Baptist Church ... Church

Suggested Use

Top Pick HVAC Service Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Office units

Location Intelligence

Trade Area within ½ mile

167
Businesses Nearby

Demographics for 80643, CO

3,599
Population
1,620
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
91%
High-School Grad
216.5 sq mi
ZIP Area
17
Density / Sq Mi
$88,125
Median Household Income
$49,317
Median Earnings
$1,686
Median Rent
$455,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two-story office building featuring 12 offices and two conference rooms, currently being rezoned to CBD.
Where is this office building located?
The property is located at 100 Market St Keenesburg, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑story office building with 12 offices and 2 conference rooms; Currently being rezoned to CBD; 25 minutes to Denver International Airport
(303) 905-0406 Call to check price and availability
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