Mixed-Use Property with Central
For Sale
$2,500,000
1700 St 1700 55th St 1700, Boulder, CO 80301
Commercial building within a city-identified area for planned mixed-use and transit-oriented transformation.
Property Size16,368 SF
Price / SF$152.74
Days on Market10
Property Features for 1700 St 1700 55th St 1700
General Information
Standard status
Active
Size
16,368 SF
Property subtype
Business Opportunities
Amenities
Central Air
3
IG
39020.0
Building Details
Year Built
1973
Listing Agency:
(303) 444-5040
Listed By:
Market Real Estate
(303) 444-5040
Source:
Xome
Added: Aug 1
Changed: Aug 9
Last Checked: Aug 9 at 5:11AM
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 Market Real Estate
Investment Insights
Based on property information with market context.
Located at 1700 55th Street in Boulder, this mixed-use property contains 16,368 square feet and dates to 1973. Central air is installed, providing a defined building improvement for future ownership or occupancy planning.
The property sits within the 55th and Arapahoe Station Area, identified in the City of Boulder's East Boulder Subcommunity Plan as a location for mixed-use, transit-oriented neighborhood transformation. The plan references potential Mixed-Use Industrial (MUI) and Mixed-Use TOD (MUTOD) designations, along with a conceptual scenario that includes residential, office, retail, entertainment, light industrial, maker, and production space supported by a planned mobility hub and structured parking.
The property sits within the 55th and Arapahoe Station Area, identified in the City of Boulder's East Boulder Subcommunity Plan as a location for mixed-use, transit-oriented neighborhood transformation. The plan references potential Mixed-Use Industrial (MUI) and Mixed-Use TOD (MUTOD) designations, along with a conceptual scenario that includes residential, office, retail, entertainment, light industrial, maker, and production space supported by a planned mobility hub and structured parking.
Key Highlights
- 16,368‑square‑foot mixed‑use property at 1700 55th Street
- Built in 1973 with central air
- Within the 55th and Arapahoe Station Area
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
$145,940
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
5.84%
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%
$2,918,800
$2.9M
Cap Rate 7%
$2,084,857
$2.1M
Cap Rate 9%
$1,621,556
$1.6M
Market Conditions
NOI Build-Up for 16,368 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
$225.9K $13.80/SF
− Vacancy
−$17.4K −$1.06/SF
EGI
$208.5K $12.74/SF
− OpEx
−$62.5K −$3.82/SF
NOI
$145.9K $8.92/SF
Area
Boulder, CO
Vacancy
7.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$2,918,800
Cap Rate 7%
$2,084,857
Cap Rate 9%
$1,621,556
Alternative Uses
Best Use
Mixed Use
$3.79M
$3.32M – $4.42M
NOI $265,407 @ 7.0% cap · market cap 10.62%
Second Best
Industrial
$2.08M
$1.82M – $2.43M
NOI $145,940 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$5.53M
$4.84M – $6.45M
NOI $387,175 @ 7.0% cap · market cap 15.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,449
Businesses Nearby
Explore this area
Business Placement
Demographics for 80301, CO
25,944
Population
12,644
Households
2.1
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
28.6 sq mi
ZIP Area
907
Density / Sq Mi
$92,974
Median Household Income
$52,325
Median Earnings
$1,999
Median Rent
$761,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial building within a city-identified area for planned mixed-use and transit-oriented transformation.
Where is this mixed-use property located?
The property is located at 1700 St 1700 55th St 1700 Boulder, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 16,368‑square‑foot mixed‑use property at 1700 55th Street; Built in 1973 with central air; Within the 55th and Arapahoe Station Area
