Building Details

Year Built 1981

Year Renovated 2013

Stories 2

Listed By: Alex Thomas-haley Show Phone

Added: May 22

Report an Issue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$16,743

Cap Rate

6.20%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$334,860 $334.9K

Cap Rate 7%

$239,186 $239.2K

Cap Rate 9%

$186,033 $186.0K

Market Conditions

NOI Build-Up for 1,140 SF

Gross rent

$29.7K $26.04/SF

− Vacancy

−$7.4K −$6.46/SF

EGI

$22.3K $19.58/SF

− OpEx

−$5.6K −$4.90/SF

NOI

$16.7K $14.69/SF

Area

Westminster, CO

Vacancy

24.80%

Lease Rate

$26.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$334,860

Cap Rate 7%

$239,186

Cap Rate 9%

$186,033

Alternative Uses

Best Use

Office B

$239.2K

$209.3K – $279.1K (±1% cap)

NOI $16,743 @ 7.0% cap · market cap 6.20%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$333.2K

$291.6K – $388.7K (±1% cap)

NOI $23,324 @ 7.0% cap · market cap 8.64%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Big Box & Wholesale Store Nail Salon Garden 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.

Location Intelligence

Trade Area within ½ mile

935

Businesses Nearby

Explore this area Business Placement

Demographics for 80030, CO

15,885

Population

6,823

Households

2.3

Avg Household Size

36

Median Age

30%

College-Educated

87%

High-School Grad

2.6 sq mi

ZIP Area

6,110

Density / Sq Mi

$61,964

Median Household Income

$43,004

Median Earnings

$1,296

Median Rent

$422,300

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Recently Renovated Retail/Office Space

6900 Lowell Blvd, Westminster, CO 80221

$475,000

View details

Medical Office Condominium Suite

2761 W 120th Ave, Suite J120, Westminster, CO 80234

Contact for pricing

1,562 SF

View details

Spacious Office Condo with Suites

2861 W 120th 250, Westminster, CO 80234

$1,044,100

3,940 SF

View details

Multi-Suite Office Condo

250-2861 W 120th Ave, Westminster, CO 80021

$1,044,100

3,940 SF

View details

Two-Level Flex Condo

1501 W 124th Ave, Suite 600, Westminster, CO 80234

Contact for pricing

1,991 SF

View details

Renovated Office in Westminster

7901-7909 Zenobia St, Westminster, CO

Contact for pricing

2,508 SF

View details

Two-Story Creative Space

12245 North Pecos Street, Westminster, CO 80234

Contact for pricing

460 SF

View details

Three-Story Office Building

8690 Wolff Ct, Westminster, CO 80031

$1,099,000

10,336 SF

View details

Office/Flex Condo with Mezzanine

12170 Tejon St, Unit 1100, Westminster, CO 80234

Contact for pricing

2,878 SF

View details

Multi-Level Office Condo

7907 Zenobia, Westminster, CO 80030

$270,000

View details

Flex Building with Secure Yard

9168 Marshall Pl, Westminster, CO 80031

Contact for pricing

6,352 SF

View details

Contiguous Flex Condo Portfolio

10875 Dover St, Westminster, CO 80021

Contact for pricing

22,478 SF

View details

Frequently Asked Questions

What type of property is this?

Office units - Affordable Westminster Office Condo | Owner-User Opportunity

Where is this office units located?

The property is located at 7909 Zenobia St Westminster, CO.

What is the asking price?

The asking price for this property is $270,000.