Second-Floor Office Condo
5420 Arapahoe Ave Boulder, CO 80303
For Sale
Contact for pricing
Second-floor condo unit with east and south windows, four private offices, open bullpen, kitchenette, and restroom.
Property Size1,224 SF
Price / SF$339.05
Days on Market324
Property Features for 5420 Arapahoe Ave
General Information
Standard status
Active
Size
1,224 SF
Property subtype
OFFICE
Listing Agency:
Gibbons-White, Inc.
(303) 818-7688
Listed By:
Michael-Ryan McCarty · License #FA.040029628
(303) 818-7688
Source:
Moodyscre
Added: Sep 9, 2025
Changed: Jul 27
Last Checked: Jul 28 at 3:04PM
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.
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.
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 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 | $32.3k | $26.40 |
| − Vacancy | −$9.4k | −$7.66 |
| EGI | $22.9k | $18.74 |
| − OpEx | −$5.7k | −$4.69 |
| NOI | $17.2k | $14.06 |
1,224 SF · lease $26.40/SF/yr · vacancy 29.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$245.8K
$215.1K – $286.8K
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
NOI $28,953 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Second-floor condo unit with east and south windows, four private offices, open bullpen, kitchenette, and restroom.
Where is this office units 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
