5490 Parmalee Gulch Rd, Indian Hills, CO 80454
2,918 SF retail space in Indian Hills, Colorado.
- Added:
- Jul 10, 2024
- Days on Market:
- 728
- Last Refresh:
- Jul 4 at 5:00 am
Property Features for 5490 Parmalee Gulch Rd
General Information
- Standard status
- Active
- Size
- 2,918 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1928
Listing office Evergreen Commercial Group, LLC (303) 838-2000
Listing date Jul 10, 2024
Source Crexi
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 Evergreen Commercial Group, LLC
HighLights
- Prime retail investment opportunity in Indian Hills, Colorado.
- 2,918 SF building suitable for a street retail investor.
- Zoned C1, offering versatility for various retail concepts.
- Historic building built in 1928 with distinctive character.
- One‑unit retail space.
- Standout addition to a retail portfolio.
Overview
Local Financial Insights For Retail
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 | $70.4k | $24.12 |
| − Vacancy | −$3.8k | −$1.30 |
| EGI | $66.6k | $22.82 |
| − OpEx | −$20.0k | −$6.85 |
| NOI | $46.6k | $15.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Indian Hills
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.2365579
- Latitude
- 39.6175374
