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Renovated Office with Yard
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6970 Eudora Dr, Commerce City, CO 80022

Recently renovated 1,403 SF office sits on a 0.34-acre lot with yard space on I-1 zoned land.

Property Size1,403 SF
Lot Size0.34 Acres
Price / SF$427.66
Days on Market398

Property Features for 6970 Eudora Dr

General Information

Standard status Active
Size 1,403 SF
Lot size 0.34 Acres
Property subtype OFFICE
Zoning I-1

Site & Location

Highway Access Yes
Outdoor Storage Yes
Listing Agency: Colliers - Denver
Listed By: Kristjan Danis · License #FA.100087888
Source: Moodyscre
Added: Jul 1, 2025 Changed: Jul 27 Last Checked: Aug 2 at 6:43AM

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 Colliers - Denver

Investment Insights

Based on property information with market context.

This property offers a recently renovated office totaling 1,403 square feet on a 0.34-acre lot. The site is marketed as an office-and-yard setup suitable for an owner-user, with an office trailer noted to be removed prior to closing.

The property is located with excellent visibility from Vasquez Blvd and is described as having proximity and accessibility to major highways.

Zoned I-1 Commerce City, the site is described as allowing for a wide variety of uses.

Key Highlights

  • Recently renovated 1,403 SF office on a 0.34‑acre lot with yard space
  • I‑1 Commerce City zoning allows for a wide variety of uses
  • Office trailer on the property will be removed prior to closing

Financial Insights For Office B

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 $42.1k $30.00
− Vacancy −$8.2k −$5.88
EGI $33.8k $24.12
− OpEx −$8.5k −$6.03
NOI $25.4k $18.09
1,403 SF · lease $30.00/SF/yr · vacancy 19.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$362.6K
$317.3K – $423.0K (±1% cap)
NOI $25,380 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$20.64M
$18.06M – $24.08M (±1% cap)
NOI $1,444,969 @ 7.0% cap · market cap 240.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Garden Center Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 80022, CO

57,432
Population
19,929
Households
2.9
Avg Household Size
32
Median Age
22%
College-Educated
80%
High-School Grad
79.6 sq mi
ZIP Area
722
Density / Sq Mi
$98,858
Median Household Income
$50,575
Median Earnings
$1,507
Median Rent
$448,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Recently renovated 1,403 SF office sits on a 0.34-acre lot with yard space on I-1 zoned land.
Where is this office building located?
The property is located at 6970 Eudora Dr Commerce City, CO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Recently renovated 1,403 SF office on a 0.34‑acre lot with yard space; I‑1 Commerce City zoning allows for a wide variety of uses; Office trailer on the property will be removed prior to closing
(303) 745-5800 Call to check price and availability
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