Medical Office Suite with
For Sale
$135,000
4045 Wadsworth Blvd #311, Wheat Ridge, CO 80033
Suite 311 includes three offices, a conference room, kitchenette, reception area, and storage.
Property Size857 SF
Price / SF$157.53
Days on Market47
Property Features for 4045 Wadsworth Blvd #311
General Information
Standard status
Active
Size
857 SF
Class
C
Property subtype
Office
Building Details
Building Size
857 SF
Year Built
1961
Parking Ratio
5 per 1,000 SF
Listing Agency:
Unique Properties, Inc.
Listed By:
Brad Gilpin · License #EA.100007414
(303) 668-3733
Source:
Uniqueprop
Added: Sep 2
Changed: Oct 16
Last Checked: Oct 16 at 6:22AM
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 Unique Properties, Inc.
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Investment Insights
Based on property information with market context.
Suite 311 at the Wadsworth Professional Building offers 857 square feet configured for professional or medical use. The interior includes three private offices, a conference room, a reception area, a kitchenette, and a small storage closet. The building was constructed in 1961 and the suite is available for sale.
The property is located at 4045 Wadsworth Blvd in Wheat Ridge, with proximity to Exempla Lutheran Medical Center. Parking is provided at a ratio of 5 spaces per 1,000 square feet, supporting staff and visitor access.
The property is located at 4045 Wadsworth Blvd in Wheat Ridge, with proximity to Exempla Lutheran Medical Center. Parking is provided at a ratio of 5 spaces per 1,000 square feet, supporting staff and visitor access.
Key Highlights
- 857 SF suite available for sale
- Three private offices plus a conference room
- Reception area, kitchenette, and small storage closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,549
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,980
$231.0K
Cap Rate 7%
$164,986
$165.0K
Cap Rate 9%
$128,322
$128.3K
Market Conditions
NOI Build-Up for 857 SF
Gross rent
$17.4K $20.28/SF
− Vacancy
−$2.0K −$2.31/SF
EGI
$15.4K $17.97/SF
− OpEx
−$3.8K −$4.49/SF
NOI
$11.5K $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 Rate 5%
$230,980
Cap Rate 7%
$164,986
Cap Rate 9%
$128,322
Alternative Uses
Best Use
Office B
$165.0K
$144.4K – $192.5K
NOI $11,549 @ 7.0% cap · market cap 8.55%
Second Best
Healthcare Medical
$164.8K
$144.2K – $192.3K
NOI $11,535 @ 7.0% cap · market cap 8.54%
Theoretical Best
Multifamily LT 5
$1.91M
$1.67M – $2.22M
NOI $133,499 @ 7.0% cap · market cap 98.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,202
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80033, CO
26,618
Population
13,257
Households
2
Avg Household Size
42
Median Age
44%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
3,207
Density / Sq Mi
$84,719
Median Household Income
$53,503
Median Earnings
$1,536
Median Rent
$568,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
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- Hammond Todd DVM — 7630 W 39th Ave, Wheat Ridge, CO 80033
- Equine Veterinarian — 7630 W 39th Ave, Wheat Ridge, CO 80033
- UrgentVet — 3840 Wadsworth Blvd, Wheat Ridge, CO 80033
Frequently Asked Questions
What type of property is this?
Medical Office Space - Suite 311 includes three offices, a conference room, kitchenette, reception area, and storage.
Where is this medical office space located?
The property is located at 4045 Wadsworth Blvd #311 Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 857 SF suite available for sale; Three private offices plus a conference room; Reception area, kitchenette, and small storage closet
