Medical Office Condominium
4795 Larimer Johnstown, CO 80534
New
For Sale
Contact for pricing
Own two contiguous second-floor condominium units in a finished, two-story medical office building.
Property Size2,089 SF
Price / SF$330.19
Days on Market7
Property Features for 4795 Larimer
General Information
Standard status
Active
Size
2,089 SF
Property subtype
OFFICE
Listing Agency:
RE/MAX Commercial Alliance
(970) 222-3010
Listed By:
Nick Whitworth · License #COLORADOEA100041986
(970) 222-3010
Source:
Moodyscre
Added: Jul 23
Changed: Jul 28
Last Checked: Jul 28 at 9:12PM
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 RE/MAX Commercial Alliance
Investment Insights
Based on property information with market context.
This offering is for the entire second floor of a finished, two-story medical office building. It includes two contiguous second-floor condominium units, designated Unit 2A and Unit 2B, allowing an owner to occupy one or both, lease them individually, or hold both as an income-producing investment.
The property is positioned at a major commercial interchange at the I-25 and Highway 34 corridor, identified in the remarks as the “2534” area between Loveland and Greeley, with retail, restaurants, and healthcare development.
As a medical office condominium, the space is configured as two connected second-floor units within the building, providing a straightforward setup for medical or office use on the upper level.
The property is positioned at a major commercial interchange at the I-25 and Highway 34 corridor, identified in the remarks as the “2534” area between Loveland and Greeley, with retail, restaurants, and healthcare development.
As a medical office condominium, the space is configured as two connected second-floor units within the building, providing a straightforward setup for medical or office use on the upper level.
Key Highlights
- Own two contiguous second‑floor medical office condominium units: Unit 2A and Unit 2B
- Units are located in a finished, two‑story medical office building
- Building sits at the I‑25 and Highway 34 interchange (the “2534” corridor) between Loveland and Greeley
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 | $37.6k | $18.00 |
| − Vacancy | −$2.1k | −$0.99 |
| EGI | $35.5k | $17.01 |
| − OpEx | −$8.9k | −$4.25 |
| NOI | $26.7k | $12.76 |
2,089 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$380.7K
$333.1K – $444.2K
NOI $26,650 @ 7.0% cap · market cap 3.86%
Second Best
Healthcare Medical
$25.6K
$22.4K – $29.8K
NOI $1,790 @ 7.0% cap · market cap 0.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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 - Own two contiguous second-floor condominium units in a finished, two-story medical office building.
Where is this medical office space located?
The property is located at 4795 Larimer Johnstown, CO.
What is the asking price?
The asking price for this property is $689,760.
What are key features of this property?
This property features: Own two contiguous second‑floor medical office condominium units: Unit 2A and Unit 2B; Units are located in a finished, two‑story medical office building; Building sits at the I‑25 and Highway 34 interchange (the “2534” corridor) between Loveland and Greeley
