Brighton Office Building For
For Sale
$455,000
509 S 4th Avenue, Brighton, CO 80601
1,020 SF office building in high-traffic Brighton location.
Property Size1,020 SF
Price / SF$446.08
Days on Market123
Property Features for 509 S 4th Avenue
General Information
Standard status
Active
Size
1,020 SF
Total Parking Spaces
6
Zoning
C-1
Taxes and HOA fees
Annual Taxes
$3,870
Amenities
Asphalt, Concrete, Gravel
Building Details
Building Size
1,020 SF
Year Built
1917
Stories
1
Listing Agency:
Gala Realty Group, LLC
(303) 968-0171
Listed By:
Ava Salazar · License #100102933
(303) 968-0171
Source:
Evrealestate
Added: Apr 24
Changed: Aug 23
Last Checked: Aug 23 at 7:57AM
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 Gala Realty Group, LLC
Investment Insights
Based on property information with market context.
This 1,020 square foot office building is located in Brighton on a high-visibility, high-traffic corridor. The property is zoned C-1 (Neighborhood Commercial), supporting a range of permitted uses such as tax services, dental or medical offices, professional offices, or conversion into salon suites. Front parking provides client access, with additional rear alley parking available. A detached garage offers storage and expansion potential. The property is currently owner-occupied and presents an opportunity for an owner-user. The location has a walk score of 63, indicating it is somewhat walkable, and a bike score of 47, indicating it is somewhat bikeable. The transit score is 24, indicating minimal transit.
Key Highlights
- High‑visibility location on a high‑traffic corridor
- Zoned C‑1, supporting a wide range of commercial uses
- Front parking for clients and rear alley parking for staff
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,013
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$260,260
$260.3K
Cap Rate 7%
$185,900
$185.9K
Cap Rate 9%
$144,589
$144.6K
Market Conditions
NOI Build-Up for 1,020 SF
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.
Gross rent
$18.4K $18.00/SF
− Vacancy
−$1.0K −$0.99/SF
EGI
$17.4K $17.01/SF
− OpEx
−$4.3K −$4.25/SF
NOI
$13.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$260,260
Cap Rate 7%
$185,900
Cap Rate 9%
$144,589
Alternative Uses
Best Use
Office B
$185.9K
$162.7K – $216.9K
NOI $13,013 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,143
Businesses Nearby
Explore this area
Business Placement
Demographics for 80601, CO
40,460
Population
13,885
Households
2.9
Avg Household Size
34
Median Age
24%
College-Educated
88%
High-School Grad
26.2 sq mi
ZIP Area
1,544
Density / Sq Mi
$99,031
Median Household Income
$49,378
Median Earnings
$1,729
Median Rent
$471,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - 1,020 SF office building in high-traffic Brighton location.
Where is this office building located?
The property is located at 509 S 4th Avenue Brighton, CO.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: High‑visibility location on a high‑traffic corridor; Zoned C‑1, supporting a wide range of commercial uses; Front parking for clients and rear alley parking for staff
