Professional Office Condominium
18335 E 103rd Avenue #203 Commerce City, CO 80022
For Sale
$849,000
Built in 2010, this office suite includes five private spaces and a flexible layout for professional or medical use.
Property Size2,624 SF
Price / SF$323.55
Days on Market50
Property Features for 18335 E 103rd Avenue #203
General Information
- Standard status
- Active
- Size
- 2,624 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2010
Listing Agency:
LIV SOTHEBY'S INTERNATIONAL REALTY
(303) 443-6161
Listed By:
AMANDA DURAN · License #FA40043784
Source:
Corcoran
Added: Jun 4
Changed: Jul 23
Last Checked: Jul 23 at 3:32AM
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 LIV SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
Built in 2010, this professional office condominium suite is part of the Reunion Village Office Plaza. The space features contemporary construction with professional finishes and is configured with five private spaces plus a flexible layout that can support a range of professional, medical, wellness, administrative, or service-oriented uses.
The suite is currently occupied by a wellness-focused operation providing medical spa services, chiropractic care, massage therapy, and personal training. The sale includes the real estate only and does not include the operating business.
Set within a professional plaza that includes medical, dental, chiropractic, insurance, and other established businesses, the suite benefits from an active tenant mix within the overall center.
The suite is currently occupied by a wellness-focused operation providing medical spa services, chiropractic care, massage therapy, and personal training. The sale includes the real estate only and does not include the operating business.
Set within a professional plaza that includes medical, dental, chiropractic, insurance, and other established businesses, the suite benefits from an active tenant mix within the overall center.
Key Highlights
- Office condominium suite built in 2010 within Reunion Village Office Plaza
- Includes 5 private spaces and a flexible layout for professional or medical use
- Currently occupied by a wellness‑focused operation offering medical spa services, chiropractic care, massage therapy, and personal training
Financial Insights For Healthcare Medical
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 | $109.6k | $41.76 |
| − Vacancy | −$16.9k | −$6.43 |
| EGI | $92.7k | $35.33 |
| − OpEx | −$37.1k | −$14.13 |
| NOI | $55.6k | $21.20 |
2,624 SF · lease $41.76/SF/yr · vacancy 15.40% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$794.6K
$695.3K – $927.0K
NOI $55,622 @ 7.0% cap · market cap 6.55%
Second Best
Office B
$678.1K
$593.4K – $791.1K
NOI $47,468 @ 7.0% cap · market cap 5.59%
Theoretical Best
Multifamily LT 5
$38.61M
$33.78M – $45.04M
NOI $2,702,493 @ 7.0% cap · market cap 318.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Built in 2010, this office suite includes five private spaces and a flexible layout for professional or medical use.
Where is this office units located?
The property is located at 18335 E 103rd Avenue #203 Commerce City, CO.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Office condominium suite built in 2010 within Reunion Village Office Plaza; Includes 5 private spaces and a flexible layout for professional or medical use; Currently occupied by a wellness‑focused operation offering medical spa services, chiropractic care, massage therapy, and personal training