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Second-Floor Medical Office Condos
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4795 Larimer, Johnstown, CO 80534

Own the entire second floor of a two-story medical office building with two contiguous condo units.

Property Size2,757 SF
Price / SF$330.16
Days on Market9

Property Features for 4795 Larimer

General Information

Standard status Active
Size 2,757 SF
Property subtype OFFICE

Additional Details

Floor 2
Highway Access Yes
Office Units 2

Building Details

Buildings 1
Stories 2
Listing Agency: RE/MAX Commercial Alliance
Listed By: Nick Whitworth · License #COLORADOEA100041986
Source: Moodyscre
Added: Jul 23 Changed: Jul 30 Last Checked: Jul 30 at 8:45AM

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.

Own the entire second floor of a two-story medical office building, offered as two contiguous second-floor condominium units: Unit 2A and Unit 2B. The total offering size is 2,757 SF, providing a configuration that can support flexible occupancy, leasing, or holding both units together as income-producing space.

The building is positioned at one of Northern Colorado’s busiest commercial crossroads, the I-25 and Highway 34 interchange, known locally as the “2534” corridor. This area is described as a rapidly growing hub of retail, restaurants, and healthcare development between Loveland and Greeley.

For medical office users or investors seeking a dedicated second-floor footprint within an active regional interchange setting, Units 2A and 2B offer a practical way to match your space needs—whether you occupy both or separate use across the two contiguous units.

Key Highlights

  • Total offering: 2,757 SF second‑floor medical office space
  • Two contiguous second‑floor condominium units: Unit 2A and Unit 2B
  • Own the entire second floor of a two‑story medical office building

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 $49.6k $18.00
− Vacancy −$2.7k −$0.99
EGI $46.9k $17.01
− OpEx −$11.7k −$4.25
NOI $35.2k $12.76
2,757 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$502.5K
$439.7K – $586.2K (±1% cap)
NOI $35,172 @ 7.0% cap · market cap 3.86%
Second Best
Healthcare Medical
$33.8K
$29.5K – $39.4K (±1% cap)
NOI $2,363 @ 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

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.

Lease Details

2
Office units
Yes
Highway access

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

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 - Own the entire second floor of a two-story medical office building with two contiguous condo units.
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 $910,240.
What are key features of this property?
This property features: Total offering: 2,757 SF second‑floor medical office space; Two contiguous second‑floor condominium units: Unit 2A and Unit 2B; Own the entire second floor of a two‑story medical office building
(970) 222-3010 Call to check price and availability
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