Evergreen Office/Medical Building For
For Sale
Contact for pricing
30616 Bryant Dr, Evergreen, CO
Renovated 10,229 SF building suitable for office or medical use.
Property Size10,229 SF
Lot Size2.14 Acres
Price / SF$151.53
Days on Market388
Property Features for 30616 Bryant Dr
General Information
Standard status
Active
Size
10,229 SF
Lot size
2.14 Acres
Property subtype
INDUSTRIAL
Listing Agency:
BellStreet
(650) 282-0477
Listed By:
Will Harrison
(702) 406-4936
Source:
Moodyscre
Added: Aug 11, 2025
Changed: Aug 9
Last Checked: Sep 1 at 11:37PM
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 BellStreet
Investment Insights
Based on property information with market context.
This property in Evergreen, CO, features a 10,229 square foot building suited for office and medical use. Constructed in 1979 and renovated in 2017, the property consists of a single unit. It is zoned P-D, offering flexibility for various professional and medical practices. The location in Evergreen provides a peaceful setting with access to urban conveniences. This property is a commercial asset in a thriving community.
Key Highlights
- 10,229 SF building suitable for office and medical use.
- Meticulously renovated in 2017, offering modern amenities.
- Zoned P‑D, providing flexibility for various professional and medical practices.
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
$137,847
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
8.89%
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%
$2,756,940
$2.8M
Cap Rate 7%
$1,969,243
$2.0M
Cap Rate 9%
$1,531,633
$1.5M
Market Conditions
NOI Build-Up for 10,229 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
$207.4K $20.28/SF
− Vacancy
−$23.6K −$2.31/SF
EGI
$183.8K $17.97/SF
− OpEx
−$45.9K −$4.49/SF
NOI
$137.8K $13.48/SF
Area
Jefferson County, CO
Vacancy
11.40%
Lease Rate
$20.28 /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%
$2,756,940
Cap Rate 7%
$1,969,243
Cap Rate 9%
$1,531,633
Alternative Uses
Best Use
Office B
$1.97M
$1.72M – $2.30M
NOI $137,847 @ 7.0% cap · market cap 8.89%
Second Best
Healthcare Medical
$1.97M
$1.72M – $2.29M
NOI $137,683 @ 7.0% cap · market cap 8.88%
Theoretical Best
Multifamily LT 5
$22.76M
$19.92M – $26.56M
NOI $1,593,426 @ 7.0% cap · market cap 102.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
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?
Office building - Renovated 10,229 SF building suitable for office or medical use.
Where is this office building located?
The property is located at 30616 Bryant Dr Evergreen, CO.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 10,229 SF building suitable for office and medical use.; Meticulously renovated in 2017, offering modern amenities.; Zoned P‑D, providing flexibility for various professional and medical practices.
