Flex Office Condo For
For Sale
Contact for pricing
7505 E Harvard Ave, Denver, CO 80231
Flex office condo available for purchase.
Property Size5,204 SF
Price / SF$205
Days on Market231
Property Features for 7505 E Harvard Ave
General Information
Standard status
Active
Size
5,204 SF
Class
B
Property subtype
Office
Zoning
MU, County
Occupancy
33%
Site & Location
Neighborhood
Hampden
Building Details
Tenancy
Multi
Listing Agency:
NavPoint Real Estate Group
Listed By:
Matt Kulbe · License #CO FA.100014080
(720) 635-4591
Source:
Crexi
Added: Mar 10
Changed: Oct 25
Last Checked: Oct 24 at 1:50PM
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 NavPoint Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex office condo, with a property size of 4505 square feet, is available for sale.
Key Highlights
- Flex office condo for sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,547
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$970,940
$970.9K
Cap Rate 7%
$693,529
$693.5K
Cap Rate 9%
$539,411
$539.4K
Market Conditions
NOI Build-Up for 5,204 SF
Gross rent
$81.2K $15.60/SF
− Vacancy
−$6.5K −$1.25/SF
EGI
$74.7K $14.35/SF
− OpEx
−$26.1K −$5.02/SF
NOI
$48.5K $9.33/SF
Area
Denver, CO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$970,940
Cap Rate 7%
$693,529
Cap Rate 9%
$539,411
Alternative Uses
Best Use
Flex RnD
$693.5K
$606.8K – $809.1K
NOI $48,547 @ 7.0% cap · market cap 4.55%
Second Best
Industrial
$631.4K
$552.5K – $736.7K
NOI $44,200 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,963 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,359
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80231, CO
36,014
Population
18,252
Households
2
Avg Household Size
35
Median Age
50%
College-Educated
94%
High-School Grad
4.9 sq mi
ZIP Area
7,350
Density / Sq Mi
$73,961
Median Household Income
$48,062
Median Earnings
$1,727
Median Rent
$489,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Denver, CO
Frequently Asked Questions
What type of property is this?
Flex space - Flex office condo available for purchase.
Where is this flex space located?
The property is located at 7505 E Harvard Ave Denver, CO.
What is the asking price?
The asking price for this property is $1,066,820.
What are key features of this property?
This property features: Flex office condo for sale
