Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    New Construction Retail/Office/Medical Space Title is generated by Realmo AI

    1593 S Boulder Rd, Louisville, CO

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Customizable spaces available for lease in new construction.

    Type:RETAIL
    Property size:
    14,590 SF
    Lot size:
    4.56 Acres
    Added:
    Oct 13, 2023
    Days on Market:
    943
    Last Refresh:
    Apr 5 at 8:30 pm

    Property Features for 1593 S Boulder Rd

    General Information

    Standard status
    Active
    Size
    14,590 SF
    Lot size
    4.56 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Jason Kruse
    Jason Kruse

    Listing agent Jason Kruse License #ER.040003091

    Listing office The Colorado Group, Inc.

    Listing date Oct 13, 2023

    Source Moodyscre

    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 The Colorado Group, Inc.

    HighLights

    • Opportunity to customize space to specific business needs (restaurant, retail, office, medical).
    • New construction, ensuring modern infrastructure and design.
    • Prime locations available for sale or lease.
    • Tenant finish options available for added convenience.
    • Suitable for a wide range of businesses.
    • Delivery slated for the first quarter of 2024.

    Overview

    Restaurant, retail, office, and medical spaces are available for lease. These are new construction properties scheduled for delivery in the first quarter of 2024. Tenants have the opportunity to design their own space according to their specific needs and preferences, with tenant finish options available. The properties, totaling 14590 square feet, are located at 1593 S Boulder Rd, Louisville, CO.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Boulder
    State
    Colorado
    Longitude
    -105.132
    Latitude
    39.9778

    Nearby Similar for Sale

    • $365,000
      807 SF

      Corner Condo Suite in Louisville

      Charming office condo with three offices, patio, and kitchenette.
      245 Century Circle, Louisville, CO
      View Details
    • $14,013,500
      56,054 SF

      Versatile Commercial Property in Louisville

      56,054 SF commercial property in high-demand Colorado Technology Center.
      101 South Taylor Avenue, Louisville, CO
      View Details
    • $1,300,000

      Main Street Development Opportunity

      Prime mixed-use development potential in Historic Downtown Louisville.
      608 Main, Louisville, CO 80027
      View Details
    • $365,000
      807 SF

      Charming Louisville Corner Condo Suite

      Corner condo suite in Louisville near Highway 36 and McCaslin.
      245 Century Cir, Louisville, CO 80027
      View Details
    • $2,800,000
      6,826 SF

      Office Building in Louisville, CO

      Office building with 6,826 square feet of space.
      980 W Dillon Rd, Louisville, CO
      View Details
    • Contact for pricing
      1,958 SF

      Corner Lot Gas Station Opportunity

      Gas station with redevelopment potential in historic downtown Louisville.
      947 Pine Street, Louisville, CO 80027
      View Details
    • $2,250,000
      6,580 SF

      Louisville Childcare and Educational Facility

      Purpose-built childcare facility in Louisville available for sale or lease.
      461 Tyler Ave, Louisville, CO 80027
      View Details
    • $2,995,000
      12,000 SF

      Freestanding Industrial/Flex Property For Rent

      Industrial/flex property in the heart of the Colorado Tech Center.
      543 S Pierce Ave, Louisville, CO
      View Details
    • $42,000,000
      130,000 SF

      Luxury Apartments in Historic Louisville

      Boutique apartment building near Downtown Louisville and Boulder.
      1140 Cannon Street, Louisville, CO 80027
      View Details
    • Contact for pricing
      2,580 SF

      Established Liquor Store Business

      Liquor store business for sale in Village Square.
      645 East South Boulder Road, Louisville, CO 80027
      View Details
    • Contact for pricing
      83,625 SF

      New Class A Industrial Space

      State-of-the-art industrial property in premier Colorado Tech Center.
      1875-1923 South Taylor Avenue, Louisville, CO
      View Details
    • Contact for pricing
      37,231 SF

      Class A Office/Flex Opportunity

      Modern office/flex space in desirable Boulder County submarket.
      199 S Taylor Ave, Louisville, CO 80027
      View Details

    FAQs

    What type of property is this?
    Retail space - Customizable spaces available for lease in new construction.
    Where is this retail space located?
    The property is located at 1593 S Boulder Rd Louisville, CO.
    What are key features of this property?
    This property features: Opportunity to customize space to specific business needs (restaurant, retail, office, medical).; New construction, ensuring modern infrastructure and design.; Prime locations available for sale or lease.
    (720) 581-7022 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jason Kruse
    Jason Kruse
    Real Estate License ID: ER.040003091
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1593 S Boulder Rd, Louisville, CO
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!