Office Condo
For Sale
$357,740
13976 West Bowles Avenue, Littleton, CO 80127
Flexible professional workspace with on-site parking and access to major thoroughfares.
Property Size1,276 SF
Price / SF$280.36
Days on Market102
Property Features for 13976 West Bowles Avenue
General Information
Standard status
Active
Size
1,276 SF
Class
B
Property subtype
OFC
Building Details
Building Size
1,276 SF
Year Built
2006
Stories
1
Units
1
Listing Agency:
Keller Williams Advantage Realty LLC
(303) 986-4300
Listed By:
Ryan Devin · License #100048479
Source:
Realnex
Added: May 22
Changed: Aug 30
Last Checked: Aug 30 at 12:51PM
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 Keller Williams Advantage Realty LLC
Investment Insights
Based on property information with market context.
Suite 102 is a 1,276-square-foot office condominium at 13976 West Bowles Avenue in Littleton, Colorado. Built in 2006, the property offers a commercial workspace that can accommodate private offices, open work areas, and meeting rooms within its existing layout.
The office is positioned on West Bowles Avenue with access to major thoroughfares. On-site parking is available for occupants and visitors, while the surrounding business district includes established companies. The property combines a defined office setting with practical access and parking features for businesses seeking space in Littleton.
The office is positioned on West Bowles Avenue with access to major thoroughfares. On-site parking is available for occupants and visitors, while the surrounding business district includes established companies. The property combines a defined office setting with practical access and parking features for businesses seeking space in Littleton.
Key Highlights
- 1,276‑square‑foot office condominium in Suite 102
- Located at 13976 West Bowles Avenue, Littleton, CO 80127
- Built in 2006
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
$22,236
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
6.22%
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%
$444,720
$444.7K
Cap Rate 7%
$317,657
$317.7K
Cap Rate 9%
$247,067
$247.1K
Market Conditions
NOI Build-Up for 1,276 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
$35.7K $27.96/SF
− Vacancy
−$6.0K −$4.73/SF
EGI
$29.6K $23.23/SF
− OpEx
−$7.4K −$5.81/SF
NOI
$22.2K $17.43/SF
Area
Douglas County, CO
Vacancy
16.90%
Lease Rate
$27.96 /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%
$444,720
Cap Rate 7%
$317,657
Cap Rate 9%
$247,067
Alternative Uses
Best Use
Office B
$317.7K
$278.0K – $370.6K
NOI $22,236 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.3K
$383.5K – $511.3K
NOI $30,680 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Explore this area
Business Placement
Demographics for 80127, CO
44,776
Population
17,507
Households
2.6
Avg Household Size
43
Median Age
60%
College-Educated
98%
High-School Grad
66.4 sq mi
ZIP Area
674
Density / Sq Mi
$137,753
Median Household Income
$70,039
Median Earnings
$2,102
Median Rent
$663,900
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 units - Flexible professional workspace with on-site parking and access to major thoroughfares.
Where is this office units located?
The property is located at 13976 West Bowles Avenue Littleton, CO.
What is the asking price?
The asking price for this property is $357,740.
What are key features of this property?
This property features: 1,276‑square‑foot office condominium in Suite 102; Located at 13976 West Bowles Avenue, Littleton, CO 80127; Built in 2006
