High-End Professional/Medical Office
4775 Larimer Pkwy, Johnstown, CO 80534
5,651 SF professional suite with high-end finishes.
Type:Office
Property size:
5,651 SFPrice / SF:
$212/SF- Added:
- Jul 23, 2024
- Days on Market:
- 678
- Last Refresh:
- May 12 at 9:10 pm
Property Features for 4775 Larimer Pkwy
General Information
- Standard status
- Active
- Size
- 5,651 SF
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing agent Matt Haskell License #CO ER040012597
Listing office URealty Inc
Listing date Jul 23, 2024
Source Crexi
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
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.
- Suitable for professional or medical use.
- Proximity to medical facilities like Northern Colorado Rehabilitation Hospital.
- Surrounded by numerous restaurants, retailers, hotels, and banks.
Overview
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.
Local 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 | $101.7k | $18.00 |
| − Vacancy | −$5.6k | −$0.99 |
| EGI | $96.1k | $17.01 |
| − OpEx | −$24.0k | −$4.25 |
| NOI | $72.1k | $12.76 |
5,651 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.03M
$901.2K – $1.20M
NOI $72,093 @ 7.0% cap · market cap 6.01%
Second Best
Healthcare Medical
$69.2K
$60.5K – $80.7K
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 local authorities.
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Places Nearby
- The Cat Doctor — 4855 A Thompson Pkwy, Johnstown, CO 80534
Location Insight
- Map
- Local Demand
- City
- Johnstown
- County
- Weld
- State
- Colorado
- Longitude
- -104.9732752
- Latitude
- 40.4039064
Nearby Similar for Sale
FAQs
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.
