Freestanding Office
New
For Sale
$429,000
83 N 4th Avenue, Brighton, CO 80601
Downtown-zoned office property with dedicated parking, multiple private rooms, reception, kitchen, and storage areas.
Property Size2,400 SF
Days on Market7
Property Features for 83 N 4th Avenue
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
1
Property subtype
Commercial
Zoning
DT
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$9,280
Building Details
Building Size
2,400 SF
Year Built
1983
Buildings
1
Units
1
Listing Agency:
MB HEPP REALTY LLC
(303) 520-4340
Listed By:
Jan Hepp-Struck
(303) 520-4340
Source:
Coloradopartners
Added: Aug 17
Changed: Aug 18
Last Checked: Aug 22 at 1:31PM
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 freestanding office property, built in 1983, is configured for professional use with five offices and a conference room that can function as a sixth office area. Interior features include an entry and reception area, built-in reception counter, kitchen, two bathrooms, file storage, and dedicated shelving for computer servers. Four offices include integrated desks, cabinetry, and storage.
The property carries DT zoning and offers on-site parking estimated at 10-12 spaces. Access and visibility are provided from North 4th Avenue, with the United States Post Office located across the street. The address is 83 N 4th Avenue in Brighton, Colorado 80601.
The property carries DT zoning and offers on-site parking estimated at 10-12 spaces. Access and visibility are provided from North 4th Avenue, with the United States Post Office located across the street. The address is 83 N 4th Avenue in Brighton, Colorado 80601.
Key Highlights
- Five offices plus a conference room/6th office area
- On‑site parking estimated at 10‑12 spaces
- DT zoning in Brighton’s Downtown zone district
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
$30,618
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
7.14%
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%
$612,360
$612.4K
Cap Rate 7%
$437,400
$437.4K
Cap Rate 9%
$340,200
$340.2K
Market Conditions
NOI Build-Up for 2,400 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
$43.2K $18.00/SF
− Vacancy
−$2.4K −$0.99/SF
EGI
$40.8K $17.01/SF
− OpEx
−$10.2K −$4.25/SF
NOI
$30.6K $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%
$612,360
Cap Rate 7%
$437,400
Cap Rate 9%
$340,200
Alternative Uses
Best Use
Office B
$437.4K
$382.7K – $510.3K
NOI $30,618 @ 7.0% cap · market cap 7.14%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,019
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Downtown-zoned office property with dedicated parking, multiple private rooms, reception, kitchen, and storage areas.
Where is this office building located?
The property is located at 83 N 4th Avenue Brighton, CO.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Five offices plus a conference room/6th office area; On‑site parking estimated at 10‑12 spaces; DT zoning in Brighton’s Downtown zone district
