Office Condominium
For Sale
Contact for pricing
4520 Venture Dr, Johnstown, CO 80534
Part of a recently built, four-unit-per-building office and warehouse condominium project.
Property Size4,000 SF
Price / SF$237.50
Days on Market96
Property Features for 4520 Venture Dr
General Information
Standard status
Active
Size
4,000 SF
Property subtype
INDUSTRIAL
Additional Details
Office Units
12
Building Details
Buildings
3
Listing Agency:
Realtec Greeley
(970) 227-2511
Listed By:
Mark Bradley, CCIM, SIOR · License #FA100040761
(970) 227-2511
Source:
Moodyscre
Added: Apr 28
Changed: Aug 1
Last Checked: Aug 1 at 4:39AM
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 Realtec Greeley
Investment Insights
Based on property information with market context.
This office condominium is part of a three-building office and warehouse project completed in 2023 and 2024. Each building contains four condominium units, creating a defined small-unit commercial configuration within the development. The property comprises 4,000 square feet and is classified as flex space, supporting a blend of office and warehouse functions.
The project is located at 4520 Venture Dr in Johnstown, Colorado, within the 2534 development. Its office-and-warehouse format provides a practical setting for businesses seeking commercial space with both administrative and operational components.
The project is located at 4520 Venture Dr in Johnstown, Colorado, within the 2534 development. Its office-and-warehouse format provides a practical setting for businesses seeking commercial space with both administrative and operational components.
Key Highlights
- 4,000‑square‑foot office condominium unit
- Part of a three‑building office and warehouse project
- Buildings completed in 2023 and 2024
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $18.00 |
| − Vacancy | −$4.0k | −$0.99 |
| EGI | $68.0k | $17.01 |
| − OpEx | −$17.0k | −$4.25 |
| NOI | $51.0k | $12.76 |
4,000 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$729.0K
$637.9K – $850.5K
NOI $51,030 @ 7.0% cap · market cap 5.37%
Second Best
Warehouse
$637.4K
$557.7K – $743.7K
NOI $44,619 @ 7.0% cap · market cap 4.70%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
12
Office units
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80534, CO
18,785
Population
7,137
Households
2.6
Avg Household Size
36
Median Age
37%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
391
Density / Sq Mi
$132,320
Median Household Income
$65,749
Median Earnings
$1,778
Median Rent
$509,500
Median Home Value
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 - Part of a recently built, four-unit-per-building office and warehouse condominium project.
Where is this flex space located?
The property is located at 4520 Venture Dr Johnstown, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 4,000‑square‑foot office condominium unit; Part of a three‑building office and warehouse project; Buildings completed in 2023 and 2024
