Mixed-Use Medical
For Sale
$995,000
200-290 Nickel St, Broomfield, CO
Flexible commercial condominium with clinic improvements, business zoning, and reserved parking.
Property Size4,029 SF
Price / SF$246.96
Days on Market342
Property Features for 200-290 Nickel St
General Information
Standard status
Active
Size
4,029 SF
Total Parking Spaces
9
Zoning
B-2
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$21,640
Building Details
Tenancy
Multi
Listing Agency:
Gibbons-White, Inc.
(303) 442-1040
Listed By:
Michael-Ryan McCarty · License #FA.040029628
(303) 586-5939
Source:
Exprealty
Added: Oct 14, 2025
Changed: Sep 19
Last Checked: Sep 19 at 2:49PM
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 Gibbons-White, Inc.
Investment Insights
Based on property information with market context.
This 4,029-square-foot commercial condominium is configured for mixed professional and customer-facing uses. The former medical clinic includes multiple offices and exam rooms, a reception and waiting area, kitchenette, administrative space, and storage. The layout can support office, medical, retail, or personal-service occupancy, subject to applicable requirements.
Located at 200-290 Nickel St in Broomfield, the property sits near 120th Ave and Hwy 287 with access to US 36. B-2 General Business District zoning permits a broad range of uses, including retail, personal services, banking, restaurants, recreation, office, and medical applications. The sale includes 9 reserved parking spaces. Nearby businesses named in the property information include Trek Bicycle, Green Dental, Bouquet Boutique Florist, Tai Chi Chuan, and Live Love Dance Studio.
Located at 200-290 Nickel St in Broomfield, the property sits near 120th Ave and Hwy 287 with access to US 36. B-2 General Business District zoning permits a broad range of uses, including retail, personal services, banking, restaurants, recreation, office, and medical applications. The sale includes 9 reserved parking spaces. Nearby businesses named in the property information include Trek Bicycle, Green Dental, Bouquet Boutique Florist, Tai Chi Chuan, and Live Love Dance Studio.
Key Highlights
- 4,029 SF commercial condominium
- Former medical clinic with offices, exam rooms, reception, waiting area, kitchenette, admin, and storage
- B‑2 General Business District zoning
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
$64,352
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
6.47%
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%
$1,287,040
$1.3M
Cap Rate 7%
$919,314
$919.3K
Cap Rate 9%
$715,022
$715.0K
Market Conditions
NOI Build-Up for 4,029 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
$97.2K $24.12/SF
− Vacancy
−$5.2K −$1.30/SF
EGI
$91.9K $22.82/SF
− OpEx
−$27.6K −$6.85/SF
NOI
$64.4K $15.97/SF
Area
Jefferson County, CO
Vacancy
5.40%
Lease Rate
$24.12 /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%
$1,287,040
Cap Rate 7%
$919,314
Cap Rate 9%
$715,022
Alternative Uses
Best Use
Retail
$919.3K
$804.4K – $1.07M
NOI $64,352 @ 7.0% cap · market cap 6.47%
Second Best
Mixed Use
$807.0K
$706.1K – $941.5K
NOI $56,490 @ 7.0% cap · market cap 5.68%
Theoretical Best
Multifamily LT 5
$8.97M
$7.85M – $10.46M
NOI $627,619 @ 7.0% cap · market cap 63.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial condominium with clinic improvements, business zoning, and reserved parking.
Where is this mixed-use property located?
The property is located at 200-290 Nickel St Broomfield, CO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 4,029 SF commercial condominium; Former medical clinic with offices, exam rooms, reception, waiting area, kitchenette, admin, and storage; B‑2 General Business District zoning
