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    Versatile Office Building Near Boulder Title is generated by Realmo AI

    6662 Gunpark Dr, Boulder, CO 80301

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    Claim this Listing
    For Sale
    $1,365,000

    SINGLE_FAMILY - Boulder, CO

    Type:Office
    Lot size:
    0.35 Acres
    Added:
    Sep 9, 2025
    Days on Market:
    265
    Last Refresh:
    May 31 at 5:06 pm

    Property Features for 6662 Gunpark Dr

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    PUD
    Rooms
    Basement
    Security features
    Security System
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Fire Alarm
    Standard status
    Active
    APN
    R0093710
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    29395

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Building materials
    Frame, Stucco, Concrete
    Roof type
    Composition

    We can help!

    Listing Contact
    Arnold Turner
    Arnold Turner

    Listing agent Arnold Turner License #586435

    Listing office Turner Realty 425 Coffman St., Longmont, CO

    Listing date Sep 9, 2025

    MLS# 1044641

    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.

    HighLights

    • Versatile 6‑unit office building in a desirable Boulder location near the Boulder Country Club.
    • Strong income potential in a thriving market, suitable for tenants or owner‑users.
    • Ample off‑street parking and abundant natural light.
    • Convenient access to shopping, dining, restaurants, breweries, grocery stores, bus lines, and the post office.
    • Minutes from Boulder, Niwot, and Longmont, avoiding downtown congestion.
    • Well‑maintained property with common area restrooms and accessible ramp.

    Overview

    This is a six-unit office building located in Boulder, near the Boulder Country Club. The property offers units of varying sizes and configurations, suitable for a range of tenants or owner-users. The building features ample off-street parking, abundant natural light, and common area restrooms on the first floor. The location provides access to shopping, dining, local restaurants, breweries, grocery stores, bus lines, and a post office. Nearby apartments contribute to a strong employee base in the area. The property is situated minutes from Boulder, Niwot, and Longmont. The lot size is 0.35 acres. The zoning is PUD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Edward Jones Financial Advisor Steven Arnold Alternative Medicine Practice Altitude Wellness Counseling Crisis Center Eden Tree Counseling Counselor Core Wellness Counseling Crisis Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.19824
    Latitude
    40.07063

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    FAQs

    What type of property is this?
    Office building - Six-unit office building in a desirable Boulder location.
    Where is this office building located?
    The property is located at 6662 Gunpark Dr Boulder, CO.
    What is the asking price?
    The asking price for this property is $1,365,000.
    What are key features of this property?
    This property features: Versatile 6‑unit office building in a desirable Boulder location near the Boulder Country Club.; Strong income potential in a thriving market, suitable for tenants or owner‑users.; Ample off‑street parking and abundant natural light.
    (303) 776-1105
    We can help!
    Listing Contact
    Arnold Turner
    Arnold Turner
    Real Estate License ID: 586435
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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.

    More about this property
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