Evergreen Commercial Space with
For Sale
$434,900
30735 Bryant Drive Unit 708, Evergreen, CO 80439
Versatile commercial space in Evergreen, Colorado, with flexible layout.
Property Size1,000 SF
Price / SF$434.90
Days on Market150
Property Features for 30735 Bryant Drive Unit 708
General Information
Standard status
Active
Size
1,000 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$4,594
Amenities
3
Building Details
Year Built
2004
Listing Agency:
eXp Realty, LLC
(980) 201-0374
Listed By:
Matthew Ruotolo · License #022403
(980) 201-0374
Source:
Xome
Added: Mar 27
Changed: Aug 23
Last Checked: Aug 23 at 6:07AM
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.
Located in Evergreen, Colorado, this commercial space offers a flexible layout suitable for various purposes, including an office, studio, workshop, or personal space. It features garage access, accommodating vehicles, tools, or equipment. The property includes a full bathroom, shower, and sleeping quarters. A hangout and lounge area provides space for relaxation and collaboration. The space is suitable for artists, makers, and designers, offering room for equipment, displays, and creative sessions. High ceilings and natural light enhance the environment. The property is zoned for commercial use, allowing for a variety of business types. The location provides convenient access to downtown Evergreen and I-70. The property has a size of 1000 square feet.
Key Highlights
- Flexible Layout: Easily convertible into an office, studio, workshop, or personal sanctuary.
- Garage Access: Spacious enough for vehicles, tools, or equipment.
- Luxurious Amenities: Includes full bathroom, shower, and sleeping quarters.
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
$15,972
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
3.67%
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%
$319,440
$319.4K
Cap Rate 7%
$228,171
$228.2K
Cap Rate 9%
$177,467
$177.5K
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
$24.1K $24.12/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$22.8K $22.82/SF
− OpEx
−$6.8K −$6.85/SF
NOI
$16.0K $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%
$319,440
Cap Rate 7%
$228,171
Cap Rate 9%
$177,467
Alternative Uses
Best Use
Retail
$228.2K
$199.7K – $266.2K
NOI $15,972 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Home Improvements & Furnishings 31%
Dining 24%
Big R
Home Improvements & Furnishings
10,087 visits/mo
0.2 miles
Taco Bell
Dining
7,555 visits/mo
0.2 miles
Safeway Gas
Shops & Services
6,588 visits/mo
0.5 miles
Shell
Shops & Services
3,897 visits/mo
0.3 miles
Napa Auto Parts
Shops & Services
3,171 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Versatile commercial space in Evergreen, Colorado, with flexible layout.
Where is this retail space located?
The property is located at 30735 Bryant Drive 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: Flexible Layout: Easily convertible into an office, studio, workshop, or personal sanctuary.; Garage Access: Spacious enough for vehicles, tools, or equipment.; Luxurious Amenities: Includes full bathroom, shower, and sleeping quarters.
