Flexible Commercial Flex
New
For Sale
$434,900
30735 Bryant Dr Unit 708, Evergreen, CO 80439
Commercially zoned unit with garage access, a full bathroom, shower, and sleeping quarters.
Property Size1,000 SF
Price / SF$434.90
Days on Market2
Property Features for 30735 Bryant Dr Unit 708
General Information
Standard status
Active
Size
1,000 SF
Additional Details
Highway Access
Yes
Amenities
full bathroom
shower
sleeping quarters
hangout & lounge area
Building Details
Year Built
2004
Listing Agency:
eXp Realty, LLC
Listed By:
Matthew Ruotolo
(888) 440-2724
Source:
Englehomesgroup
Added: Sep 18
Last Checked: Sep 18 at 2:24PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This 1,000-square-foot commercial unit, built in 2004, offers a flexible interior suited to office, studio, workshop, or creative production use. The space includes garage access, a full bathroom with shower, sleeping quarters, and a lounge area. High ceilings and natural light contribute to an open, functional setting for work or equipment-intensive activities.
Located at 30735 Bryant Dr Unit 708 in Evergreen, the property provides access to downtown Evergreen, I-70, and surrounding mountain areas. Commercial zoning supports a range of business applications, while the combination of workspace, garage access, and on-site amenities creates a versatile operating environment.
Located at 30735 Bryant Dr Unit 708 in Evergreen, the property provides access to downtown Evergreen, I-70, and surrounding mountain areas. Commercial zoning supports a range of business applications, while the combination of workspace, garage access, and on-site amenities creates a versatile operating environment.
Key Highlights
- 1,000‑square‑foot commercial unit
- Built in 2004
- Garage access for vehicles, tools, or equipment
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
$13,476
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
3.10%
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%
$269,520
$269.5K
Cap Rate 7%
$192,514
$192.5K
Cap Rate 9%
$149,733
$149.7K
Market Conditions
NOI Build-Up for 1,000 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
$20.3K $20.28/SF
− Vacancy
−$2.3K −$2.31/SF
EGI
$18.0K $17.97/SF
− OpEx
−$4.5K −$4.49/SF
NOI
$13.5K $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%
$269,520
Cap Rate 7%
$192,514
Cap Rate 9%
$149,733
Alternative Uses
Best Use
Office B
$192.5K
$168.5K – $224.6K
NOI $13,476 @ 7.0% cap · market cap 3.10%
Second Best
Flex RnD
$119.9K
$105.0K – $139.9K
NOI $8,396 @ 7.0% cap · market cap 1.93%
Theoretical Best
Multifamily LT 5
$2.23M
$1.95M – $2.60M
NOI $155,775 @ 7.0% cap · market cap 35.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80439, CO
24,711
Population
11,137
Households
2.2
Avg Household Size
49
Median Age
71%
College-Educated
98%
High-School Grad
168.8 sq mi
ZIP Area
146
Density / Sq Mi
$152,156
Median Household Income
$67,162
Median Earnings
$1,870
Median Rent
$838,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercially zoned unit with garage access, a full bathroom, shower, and sleeping quarters.
Where is this flex space located?
The property is located at 30735 Bryant Dr Unit 708 Evergreen, CO.
What is the asking price?
The asking price for this property is $434,900.
What are key features of this property?
This property features: 1,000‑square‑foot commercial unit; Built in 2004; Garage access for vehicles, tools, or equipment
