Vacant Industrial
For Sale
Contact for pricing
5595 Arapahoe Ave, Boulder, CO 80303
The property is fully vacant and situated within Boulder’s planned 55th and Arapahoe Station Area.
Property Size26,624 SF
Price / SF$135.22
Days on Market10
Property Features for 5595 Arapahoe Ave
General Information
Standard status
Active
Size
26,624 SF
Property subtype
INDUSTRIAL
Listing Agency:
Market Real Estate
(303) 263-3360
Listed By:
Nate Litsey · License #100096639
(303) 263-3360
Source:
Moodyscre
Added: Aug 1
Changed: Aug 9
Last Checked: Aug 10 at 10:51AM
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 Market Real Estate
Investment Insights
Based on property information with market context.
This 26,624-square-foot industrial property at 5595 Arapahoe Ave is fully vacant, providing an existing commercial asset within Boulder’s 55th and Arapahoe Station Area. The property is identified in the surrounding planning framework for consideration under Mixed-Use Industrial (MUI) and Mixed-Use TOD (MUTOD) designations.
The City of Boulder’s conceptual station-area scenario includes multifamily, office, retail, entertainment, and light industrial, maker, and production uses. The concept also references a mobility hub and approximately 645,000 square feet of structured parking. These planning elements provide important context for evaluating the property’s position within the station-area planning process.
The City of Boulder’s conceptual station-area scenario includes multifamily, office, retail, entertainment, and light industrial, maker, and production uses. The concept also references a mobility hub and approximately 645,000 square feet of structured parking. These planning elements provide important context for evaluating the property’s position within the station-area planning process.
Key Highlights
- 26,624‑square‑foot industrial property
- Fully vacant asset at 5595 Arapahoe Ave, Boulder, CO 80303
- Located within the planned 55th and Arapahoe Station Area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$237,384
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,747,680
$4.7M
Cap Rate 7%
$3,391,200
$3.4M
Cap Rate 9%
$2,637,600
$2.6M
Market Conditions
NOI Build-Up for 26,624 SF
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.
Gross rent
$367.4K $13.80/SF
− Vacancy
−$28.3K −$1.06/SF
EGI
$339.1K $12.74/SF
− OpEx
−$101.7K −$3.82/SF
NOI
$237.4K $8.92/SF
Area
Boulder, CO
Vacancy
7.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,747,680
Cap Rate 7%
$3,391,200
Cap Rate 9%
$2,637,600
Alternative Uses
Best Use
Industrial
$3.39M
$2.97M – $3.96M
NOI $237,384 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.00M
$7.87M – $10.50M
NOI $629,775 @ 7.0% cap · market cap 17.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,126
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
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - The property is fully vacant and situated within Boulder’s planned 55th and Arapahoe Station Area.
Where is this industrial property located?
The property is located at 5595 Arapahoe Ave Boulder, CO.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 26,624‑square‑foot industrial property; Fully vacant asset at 5595 Arapahoe Ave, Boulder, CO 80303; Located within the planned 55th and Arapahoe Station Area
