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    Medical Office Suite with X-Ray Room Title is generated by Realmo AI

    555 Meeker St, Delta, CO 81416

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    For Lease
    $4,500/Mo $10 SF/Yr (calc)

    Versatile multi-purpose building with private rooms, natural light, and a dedicated lead-lined X-ray room for healthcare use.

    Property size:
    5,235 SF
    Added:
    Aug 19, 2025
    Days on Market:
    290
    Last Refresh:
    Jun 3 at 3:04 am

    Property Features for 555 Meeker St

    General Information

    Standard status
    Active
    Size
    5,235 SF

    We can help!

    Listing Contact
    Lucinda Stanley
    Lucinda Stanley

    Listing agent Lucinda Stanley License #100029019

    Listing office Grand Mesa Real Estate Services

    Listing date Aug 19, 2025

    Source Exprealty

    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 Grand Mesa Real Estate Services

    HighLights

    • Multi‑purpose building with over 17 private rooms, many with sinks and large windows for natural light
    • Dedicated lead‑lined X‑ray room for healthcare use
    • Large open office area with its own private entrance off Meeker Street
    • Includes reception/lobby area plus a private front office or conference room
    • Spacious kitchen and two centrally located workstations for team collaboration
    • Directions: NWC of 6th and Meeker, downtown Delta, south of Hwy 50 to 6th Avenue, east to Meeker Street

    Overview

    This multi-purpose building is designed for medical, wellness, and professional office operations, with over 17 private rooms available, many featuring sinks and large windows that bring in natural light. A dedicated lead-lined X-ray room provides a key specialized amenity for appropriate uses. The layout also includes a spacious kitchen, a large open office area with its own private entrance, a welcoming reception/lobby area, and a private front office or conference room. Two centrally located workstations support day-to-day collaboration while maintaining room for client-facing workflow.

    Located at 555 Meeker St in Delta, CO, the space can be accessed via a private entrance off Meeker Street, with the property situated at the northwest corner of 6th and Meeker. The building is currently operating as a counseling center, and showings are by appointment only with 24 hours’ notice required.

    With its combination of private treatment or consultation rooms, client-ready reception space, and dedicated imaging functionality, the property is well suited for healthcare providers, wellness operators, and other professional services that need a flexible mix of offices and specialized rooms. The retro/vintage character also creates a warm, client-friendly environment for appointments and ongoing services.
    Location Intelligence

    Current Use by Public Records

    Dr. Samuel J. ... Pediatrician Amber Angles Pediatrician J. Ryan Marlin, ... Pediatrician Sean Rea Pediatrician Dr. Kae B. ... Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Dorr Veterinary Hospital — 1070 CO-92, Delta, CO 81416
    • Delta Animal Health — 404 W 5th St, Delta, CO 81416
    • Delta Animal Nutrition — 404 W 5th St, Delta, CO 81416

    Location Insight

    • Map
    • Local Demand
    City
    Delta
    County
    Delta
    State
    Colorado
    Longitude
    -108.0698532
    Latitude
    38.7392519

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    FAQs

    What type of property is this?
    Medical Office Space - Versatile multi-purpose building with private rooms, natural light, and a dedicated lead-lined X-ray room for healthcare use.
    Where is this medical office space located?
    The property is located at 555 Meeker St Delta, CO.
    What is the lease rate?
    The lease rate is $4,500 /Mo.
    What are key features of this property?
    This property features: Multi‑purpose building with over 17 private rooms, many with sinks and large windows for natural light; Dedicated lead‑lined X‑ray room for healthcare use; Large open office area with its own private entrance off Meeker Street
    (970) 201-2152
    We can help!
    Listing Contact
    Lucinda Stanley
    Lucinda Stanley
    Real Estate License ID: 100029019
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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