Medical Condo For
For Sale
Contact for pricing
18801 E Mainstreet Unit 255, Parker, CO 80134
Medical condo available for owner-user in Parker, Colorado.
Property Size1,512 SF
Price / SF$325.40
Days on Market310
Property Features for 18801 E Mainstreet Unit 255
General Information
Standard status
Active
Size
1,512 SF
Class
A
Property subtype
Office
Investment Type
Owner/User
Building Details
Tenancy
Multi
Listing Agency:
NavPoint Real Estate Group
(720) 420-7530
Listed By:
Matthew Call · License #FA.100011543
Source:
Crexi
Added: Oct 17, 2025
Changed: Aug 12
Last Checked: Aug 21 at 10:49PM
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 NavPoint Real Estate Group
Investment Insights
Based on property information with market context.
This 1512 square foot condo is available for sale and suitable for a medical office. The property is intended for an owner-user.
Key Highlights
- Medical condo for sale, ideal for owner‑user.
- Great condo property.
- For sale.
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
$26,348
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
5.36%
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%
$526,960
$527.0K
Cap Rate 7%
$376,400
$376.4K
Cap Rate 9%
$292,756
$292.8K
Market Conditions
NOI Build-Up for 1,512 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
$42.3K $27.96/SF
− Vacancy
−$7.1K −$4.73/SF
EGI
$35.1K $23.23/SF
− OpEx
−$8.8K −$5.81/SF
NOI
$26.3K $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%
$526,960
Cap Rate 7%
$376,400
Cap Rate 9%
$292,756
Alternative Uses
Best Use
Office B
$376.4K
$329.4K – $439.1K
NOI $26,348 @ 7.0% cap · market cap 5.36%
Second Best
Healthcare Medical
$310.0K
$271.2K – $361.7K
NOI $21,699 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$519.3K
$454.4K – $605.9K
NOI $36,354 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,231
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80134, CO
76,369
Population
28,663
Households
2.7
Avg Household Size
37
Median Age
59%
College-Educated
98%
High-School Grad
57.3 sq mi
ZIP Area
1,333
Density / Sq Mi
$142,162
Median Household Income
$66,327
Median Earnings
$2,027
Median Rent
$643,200
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.
Similar Off Market Nearby
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- Banfield Pet Hospital — 11183 S Parker Rd H, Parker, CO 80134
- Wesley Patrick R DVM — 19557 E Parker Square Dr #200, Parker, CO 80134
- Samhouri Debra DVM — 19557 E Parker Square Dr #200, Parker, CO 80134
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical condo available for owner-user in Parker, Colorado.
Where is this medical office space located?
The property is located at 18801 E Mainstreet Unit 255 Parker, CO.
What is the asking price?
The asking price for this property is $492,000.
What are key features of this property?
This property features: Medical condo for sale, ideal for owner‑user.; Great condo property.; For sale.
