Second-Floor Office
5420 Arapahoe Ave, Boulder, CO 80303
For Sale
$415,000
Commercial Sale, Boulder, CO
Property Size1,224 SF
Lot Size0.08 Acres
Price / SF$339.05
Days on Market425
Property Features for 5420 Arapahoe Ave
General Information
Property type
Property subtype
Zoning
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Building materials
Roof type
Listing Agency:
Gibbons-White, Inc.
(303) 442-1040
Listed By:
Michael-Ryan McCarty · License #FA.040029628
(303) 586-5939
Added: Sep 11, 2025
Changed: Oct 8
Last Checked: Nov 9 at 7:06AM
MLS# 1043487
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,224 SF second-floor commercial condominium, built in 2002, provides a practical office layout with 4 private offices, an open bullpen, kitchenette, and restroom. East- and south-facing windows bring natural light into the unit. The building features frame, block, and stucco construction, with forced-air heat, central air, a rubber roof, and public sewer service.
BC-1 zoning supports a broad range of office, retail, personal service, wellness, and fitness uses. The property is near the intersection of 55th St and Arapahoe Ave, and monument signage is available. The unit is available now.
BC-1 zoning supports a broad range of office, retail, personal service, wellness, and fitness uses. The property is near the intersection of 55th St and Arapahoe Ave, and monument signage is available. The unit is available now.
Key Highlights
- 1,224 SF second‑floor commercial condominium
- 4 private offices plus an open bullpen
- Kitchenette and restroom included
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
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
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.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,977
Businesses Nearby
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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
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Market
Properties on Market for Office Units in Boulder
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - BC-1-zoned office condominium with private rooms, open workspace, and support areas for office, retail, and service uses.
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: 1,224 SF second‑floor commercial condominium; 4 private offices plus an open bullpen; Kitchenette and restroom included
