Medical Office Suite with
New
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 Market2
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
Last Checked: Sep 2 at 1:00PM
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.
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 = 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
$11,549
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
8.55%
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%
$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
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
$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 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%
$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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- PET Imaging Exempla Lutheran Med — 8550 W 38th Ave #102, Wheat Ridge, CO 80033
- Eye Clinic Veterinary — 7630 W 39th Ave, Wheat Ridge, CO 80033
- 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
