Office Condo with Outdoor
New
For Sale
Contact for pricing
5305 Spine Rd, Boulder, CO 80301
Private offices open directly to the outdoors through sliding glass doors.
Property Size3,856 SF
Price / SF$256.74
Days on Market5
Property Features for 5305 Spine Rd
General Information
Standard status
Active
Size
3,856 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Market Real Estate
(303) 444-5040
Listed By:
Adam Mesinger
(303) 444-4994
Source:
Moodyscre
Added: Oct 17
Changed: Oct 21
Last Checked: Oct 21 at 2:35AM
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 Market Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,856-square-foot office condo includes private offices with sliding glass doors to the outdoors. High ceilings and natural light contribute to the interior, while entrances at both the front and rear provide access to the unit. Ample parking is available.
The property is on Spine Road in Boulder, just off the Diagonal Highway. Traffic is listed at 16,000+ VPD on the highway and 9,844 VPD at the nearest intersection.
The property is on Spine Road in Boulder, just off the Diagonal Highway. Traffic is listed at 16,000+ VPD on the highway and 9,844 VPD at the nearest intersection.
Key Highlights
- 3,856‑square‑foot office condo in Boulder
- Sliding glass doors connect each exterior office to the outdoors
- High ceilings and abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,208
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,160
$1.1M
Cap Rate 7%
$774,400
$774.4K
Cap Rate 9%
$602,311
$602.3K
Market Conditions
NOI Build-Up for 3,856 SF
Gross rent
$101.8K $26.40/SF
− Vacancy
−$29.5K −$7.66/SF
EGI
$72.3K $18.74/SF
− OpEx
−$18.1K −$4.69/SF
NOI
$54.2K $14.06/SF
Area
Boulder, CO
Vacancy
29.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,160
Cap Rate 7%
$774,400
Cap Rate 9%
$602,311
Alternative Uses
Best Use
Office B
$774.4K
$677.6K – $903.5K
NOI $54,208 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,211 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
Explore this area
Business Placement
Demographics for 80301, CO
25,944
Population
12,644
Households
2.1
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
28.6 sq mi
ZIP Area
907
Density / Sq Mi
$92,974
Median Household Income
$52,325
Median Earnings
$1,999
Median Rent
$761,500
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
Frequently Asked Questions
What type of property is this?
Office unit - Private offices open directly to the outdoors through sliding glass doors.
Where is this office unit located?
The property is located at 5305 Spine Rd Boulder, CO.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 3,856‑square‑foot office condo in Boulder; Sliding glass doors connect each exterior office to the outdoors; High ceilings and abundant natural light
