5420 Arapahoe Ave, Boulder, CO 80303

Listing Agency: Gibbons-White, Inc. Show Phone

Listed By: Michael-Ryan McCarty · License #FA.040029628 Show Phone

Source: Moodyscre

Added: Sep 9, 2025 Changed: Aug 26 Last Checked: Nov 8 at 8:19AM

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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 Gibbons-White, Inc.

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

Unit 2 is a second-floor office condo with east- and south-facing windows. The space includes four private offices, an open bullpen area, a kitchenette, and a restroom, offering a mix of enclosed and collaborative work settings.

The property is zoned BC-1, which supports a wide range of office, retail, personal service, and wellness & fitness uses. It is available now, and the listing notes monument signage availability.

Located near 55th St & Arapahoe Ave, the unit offers convenient access to a busy commercial corridor.

Key Highlights

• Second‑floor condo unit with east and south‑facing windows
• Interior includes 4 private offices plus an open bullpen area
• Kitchenette and restroom included in the unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$17,207

Cap Rate

4.15%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$344,140 $344.1K

Cap Rate 7%

$245,814 $245.8K

Cap Rate 9%

$191,189 $191.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,224 SF

Gross rent

$32.3K $26.40/SF

− Vacancy

−$9.4K −$7.66/SF

EGI

$22.9K $18.74/SF

− OpEx

−$5.7K −$4.69/SF

NOI

$17.2K $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%

$344,140

Cap Rate 7%

$245,814

Cap Rate 9%

$191,189

Alternative Uses

Best Use

Office B

$245.8K

$215.1K – $286.8K (±1% cap)

NOI $17,207 @ 7.0% cap · market cap 4.15%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$413.6K

$361.9K – $482.6K (±1% cap)

NOI $28,953 @ 7.0% cap · market cap 6.98%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Colleen Gagliardi, ND ... Alternative Medicine Practice Timothy Mazzola, MD, ... Physician OsteoStrong Boulder Gym & Fitness Center Breakthrough Regenerative Orthopedics Medical Clinic Jeanelle & Sayres Law ... Law Firm

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,977

Businesses Nearby

Explore this area Business Placement

Demographics for 80303, CO

25,328

Population

12,583

Households

2

Avg Household Size

32

Median Age

79%

College-Educated

99%

High-School Grad

21.9 sq mi

ZIP Area

1,157

Density / Sq Mi

$77,344

Median Household Income

$31,661

Median Earnings

$1,833

Median Rent

$941,600

Median Home Value

Market

Properties on Market for Office Units in Boulder

Jul

Aug

Sep

Oct

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

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Frequently Asked Questions

What type of property is this?

Office unit - Second-floor condo unit with east and south windows, four private offices, open bullpen, kitchenette, and restroom.

Where is this office unit located?

The property is located at 5420 Arapahoe Ave Boulder, CO.

What is the asking price?

The asking price for this property is $415,000.

What are key features of this property?

This property features: Second‑floor condo unit with east and south‑facing windows; Interior includes 4 private offices plus an open bullpen area; Kitchenette and restroom included in the unit