Corner Office Suite with Two
For Sale
$198,500
6200 W St 6200 9th St 6200, Greeley, CO 80634
Main-level corner office includes a private office, conference room, kitchenette, bathroom, and two separate entrances.
Property Size810 SF
Price / SF$245.06
Days on Market29
Property Features for 6200 W St 6200 9th St 6200
General Information
Standard status
Active
Size
810 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$4,212
Amenities
Central Air
3
Commercial
810.0
Sidewalks, Gutters. Curbs Walk.
Building Details
Year Built
2004
Listing Agency:
Real Estate Connections, Inc
(970) 388-2859
Listed By:
Brody Mendoza
(970) 388-2859
Source:
Xome
Added: Jul 15
Changed: Aug 9
Last Checked: Aug 12 at 3:45AM
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 Real Estate Connections, Inc
Investment Insights
Based on property information with market context.
This main-level corner office suite is designed for a functional workday layout, featuring one private office, a conference room, kitchenette, and bathroom. The unit has hardwood floors and large glass windows that support a bright, professional interior environment.
The suite is positioned just off 10th Street in West Greeley at 6200 W 9th St Unit 3. It offers two separate entrances and includes two dedicated parking spaces for convenient access.
The configuration is suited to businesses that need both private work space and a dedicated meeting room within a single, easily accessible office suite.
The suite is positioned just off 10th Street in West Greeley at 6200 W 9th St Unit 3. It offers two separate entrances and includes two dedicated parking spaces for convenient access.
The configuration is suited to businesses that need both private work space and a dedicated meeting room within a single, easily accessible office suite.
Key Highlights
- Main‑level corner office in West Greeley off 10th Street with a clean, functional layout.
- Features include one private office, a conference room, kitchenette, and a bathroom.
- Large glass windows and hardwood floors throughout.
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
$10,334
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
5.21%
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%
$206,680
$206.7K
Cap Rate 7%
$147,629
$147.6K
Cap Rate 9%
$114,822
$114.8K
Market Conditions
NOI Build-Up for 810 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
$14.6K $18.00/SF
− Vacancy
−$802 −$0.99/SF
EGI
$13.8K $17.01/SF
− OpEx
−$3.4K −$4.25/SF
NOI
$10.3K $12.76/SF
Area
Greeley, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$206,680
Cap Rate 7%
$147,629
Cap Rate 9%
$114,822
Alternative Uses
Best Use
Office B
$147.6K
$129.2K – $172.2K
NOI $10,334 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Explore this area
Business Placement
Demographics for 80634, CO
65,980
Population
25,802
Households
2.6
Avg Household Size
36
Median Age
32%
College-Educated
90%
High-School Grad
38.3 sq mi
ZIP Area
1,723
Density / Sq Mi
$83,255
Median Household Income
$46,808
Median Earnings
$1,567
Median Rent
$405,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Main-level corner office includes a private office, conference room, kitchenette, bathroom, and two separate entrances.
Where is this office units located?
The property is located at 6200 W St 6200 9th St 6200 Greeley, CO.
What is the asking price?
The asking price for this property is $198,500.
What are key features of this property?
This property features: Main‑level corner office in West Greeley off 10th Street with a clean, functional layout.; Features include one private office, a conference room, kitchenette, and a bathroom.; Large glass windows and hardwood floors throughout.
