Move-in Ready Office
15739 Pearl Avenue Collbran, CO 81624
15739 Pearl Avenue, Collbran, CO, 81624
$450,000
For Sale
$450,000
Upscale office building on the Western Slope of Colorado.
Property Size1,440 SF
Lot Size0.39 Acres
Price / SF$312.50
Days on Market172
Property Features for 15739 Pearl Avenue
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.39 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing agency
REAL COLORADO PROPERTIES
(970) 256-9700
Listed by
JULIE PILAND · License #FA100044654
Source
Corcoran
Added: Jan 30 Updated: Jul 6 at 10:23AM Checked: Jul 21 at 5:55AM
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 REAL COLORADO PROPERTIES
Investment Insights
Based on property information with market context.
This commercial property is suited for a growing business seeking a move-in-ready office. The newer office building is located on the Western Slope of Colorado near Collbran. Situated on Highway 330, the frontage property provides building and signage visibility. The building features a gabled roof, wood and rock siding, and a covered entry. Inside, there is a reception area, six offices, and a conference room. A break room includes a counter and refrigerator. A secure drop box is available for after-hour deliveries. The building features wood accents, recessed lighting, and carpeted flooring. The powder room has elegant decor. State-of-the-art office furniture and accessories are included. Gas heat and central air are controlled by an LG Inverter system. An outside cement block storage unit is divided into two rooms with concrete floors, shelving, and metal doors. The property includes parking, a frost-free hydrant, and a well. Daily FedEx, UPS, and courier deliveries are available. The property is located minutes from the I-70 corridor. The property size is 1440 square feet.
Key Highlights
- Move‑in‑ready office space with included state‑of‑the‑art furniture and accessories.
- Excellent visibility and signage opportunity on busy Highway 330.
- Six private offices and an impressive conference room.
Local 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 | $25.9k | $18.00 |
| − Vacancy | −$7.8k | −$5.40 |
| EGI | $18.1k | $12.60 |
| − OpEx | −$4.5k | −$3.15 |
| NOI | $13.6k | $9.45 |
1,440 SF · lease $18.00/SF/yr · vacancy 30.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$194.4K
$170.1K – $226.8K
NOI $13,608 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.73M
$2.39M – $3.19M
NOI $191,290 @ 7.0% cap · market cap 42.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Upscale office building on the Western Slope of Colorado.
Where is this office building located?
The property is located at 15739 Pearl Avenue Collbran, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Move‑in‑ready office space with included state‑of‑the‑art furniture and accessories.; Excellent visibility and signage opportunity on busy Highway 330.; Six private offices and an impressive conference room.