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High-End Professional/Medical Office Space
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4775 Larimer Pkwy, Johnstown, CO 80534

5,651 SF professional suite with high-end finishes.

Property Size5,651 SF
Price / SF$212.35
Days on Market814

Property Features for 4775 Larimer Pkwy

General Information

Standard status Active
Size 5,651 SF
Class B
Property subtype Office
Zoning PUD 2534
Investment Type Owner/User

Building Details

Year Built 2008
Buildings 1
Stories 2
Units 2
Listing Agency: URealty Inc
Listed By: Matt Haskell · License #CO ER040012597
Source: Crexi
Added: Jul 23, 2024 Changed: Oct 14 Last Checked: Oct 12 at 9:19PM

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 URealty Inc

Investment Insights

Based on property information with market context.

This is a 5,651 square foot professional or medical office suite located just off Highway 34, adjacent to the 2534 master-planned mixed-use community. Situated on the second floor, the suite features high-end finishes and custom woodwork. It is located in a well-maintained office park that provides on-site parking. The building is near medical facilities such as Northern Colorado Rehabilitation Hospital and is surrounded by restaurants, retailers, hotels, and banks.

Key Highlights

  • Strategically located off Highway 34 and adjacent to the desirable 2534 master‑planned community.
  • High‑end finishes and custom woodwork throughout the 5,651 square foot suite.**
  • Well‑maintained office park with plenty of on‑site parking.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,093
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,441,860 $1.4M
Cap Rate 7%
$1,029,900 $1.0M
Cap Rate 9%
$801,033 $801.0K
Market Conditions
NOI Build-Up for 5,651 SF
Gross rent
$101.7K $18.00/SF
− Vacancy
−$5.6K −$0.99/SF
EGI
$96.1K $17.01/SF
− OpEx
−$24.0K −$4.25/SF
NOI
$72.1K $12.76/SF
Area
Weld County, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,441,860
Cap Rate 7%
$1,029,900
Cap Rate 9%
$801,033

Alternative Uses

Best Use
Office B
$1.03M
$901.2K – $1.20M (±1% cap)
NOI $72,093 @ 7.0% cap · market cap 6.01%
Second Best
Healthcare Medical
$69.2K
$60.5K – $80.7K (±1% cap)
NOI $4,843 @ 7.0% cap · market cap 0.40%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Cat Doctor — 4855 A Thompson Pkwy, Johnstown, CO 80534

Frequently Asked Questions

What type of property is this?
Medical Office Space - 5,651 SF professional suite with high-end finishes.
Where is this medical office space located?
The property is located at 4775 Larimer Pkwy Johnstown, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Strategically located off Highway 34 and adjacent to the desirable 2534 master‑planned community.; High‑end finishes and custom woodwork throughout the 5,651 square foot suite.**; Well‑maintained office park with plenty of on‑site parking.
(970) 690-1690 Call to check price and availability
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