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    Property profile & analytics

    7903 Zenobia St Westminster, CO 80030

    • Medical offices
    • 2,223 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2708726
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bio Genesis / Professional Services

    Property Details for 7903 Zenobia St

    Property size
    2,223 SF
    Property type
    Medical offices
    Property subtype
    Retail space

    Description

    This exceptional three-story office condo, located at 7903 Zenobia St in Westminster, Colorado, presents a unique opportunity for business owners. Priced at $300,000, this multi-tenant property boasts a flexible floor plan spanning 2,223 to 2,508 square feet. The building features two bathrooms and a bright, open second floor overlooking the main entrance, creating a welcoming atmosphere. Its prime location offers unparalleled convenience, situated near the intersection of 80th and Sheridan, with easy access to US36 and Sheridan Boulevard. The property benefits from its proximity to numerous amenities, including restaurants, grocery stores, shopping centers, and multiple bus stops, ensuring convenient access for employees and clients. Ample parking is available, adding to the property's appeal. This versatile space is suitable for a variety of uses, including storefront retail, medical offices, and traditional office spaces, making it an excellent choice for owner-occupiers seeking a well-located and affordable commercial property in a thriving area of Adams County, Colorado (zip code 80030). The property's excellent condition and desirable features make it a truly exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Adams
    State
    Colorado
    Longitude
    -105.05196432072
    Latitude
    39.840144915344

    Comparable in this City

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      Westminster Retail Investment Opportunity

      High-growth area, 7,000-9,000 SF, 3 units
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      Westminster Retail/Flex Building For Sale

      Freestanding retail/flex building with parking in Westminster Enterprise Zone.
      7225 Lowell Blvd, Westminster, CO 80030
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    • $390,000
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      Renovated Office in Westminster

      Newly renovated three-level office space in well-maintained park.
      7901-7909 Zenobia St, Westminster, CO 80030
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    • $270,000
      1,140 SF

      Westminster Office Building - Two Units Available

      Class C office space, two 1140 sq ft units. Excellent location.
      7907 Zenobia St, Westminster, CO 80030
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    • $2,150,000
      4,248 SF

      Retail Property and Business Opportunity

      Retail property for sale with potential business opportunity.
      3350 W 71St Pl, Westminster, CO 80030
      View Details
    • $925,000
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      Westminster Four-Unit Multifamily Property

      Four-unit multifamily property located in Westminster, Colorado.
      7350 Tennyson St, Westminster, CO 80030
      View Details

    Similar Nearby for Sale

    • $1,580,000
      7,000 SF

      Westminster Retail Investment Opportunity

      High-growth area, 7,000-9,000 SF, 3 units
      7225 Lowell Blvd, Westminster, CO 80030
      View Details
    • $1,295,000
      13,000 SF

      Westminster Retail/Flex Building For Sale

      Freestanding retail/flex building with parking in Westminster Enterprise Zone.
      7225 Lowell Blvd, Westminster, CO 80030
      View Details
    • $390,000
      2,508 SF

      Renovated Office in Westminster

      Newly renovated three-level office space in well-maintained park.
      7901-7909 Zenobia St, Westminster, CO 80030
      View Details
    • $270,000
      1,140 SF

      Westminster Office Building - Two Units Available

      Class C office space, two 1140 sq ft units. Excellent location.
      7907 Zenobia St, Westminster, CO 80030
      View Details
    • $2,150,000
      4,248 SF

      Retail Property and Business Opportunity

      Retail property for sale with potential business opportunity.
      3350 W 71St Pl, Westminster, CO 80030
      View Details
    • $1,400,000

      Westminster Multifamily Investment Opportunity

      Two side-by-side fourplexes in Westminster, offering income and upside.
      2932 Eliot Cir, Westminster, CO 80030
      View Details

    Similar Nearby for Lease

    • $31 SF/Yr
      6,004 SF

      Westminster Medical Office Space

      Prime Medical Office, 1,800-6,004 SF
      5165 72Nd Ave, Westminster, CO 80030
      View Details
    • Contact for pricing
      2,200 SF

      Retail Spaces Available

      Retail spaces for lease with high visibility and traffic.
      7243 N Federal Blvd, Westminster, CO 80030
      View Details
    • $12 SF/Yr
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      Remodeled Retail Space For Rent

      Garden-level retail space on a busy corner in Westminster, CO.
      3200 W 72Nd Ave, Westminster, CO 80030
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    • $18 SF/Yr
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      Retail Space with Excellent Visibility

      Retail space for rent with high visibility and ample parking.
      3031 W 74Th Ave, Westminster, CO 80030
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    • $14 SF/Yr
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      Retail Space in Westminster, CO

      Retail space available for lease in Westminster, Colorado.
      3939 W 72Nd Ave, Westminster, CO 80030
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    • $10 SF/Yr
      15,740 SF

      Westminster Retail Space Available

      Prime Westminster retail space, multiple units.
      3001-3055 74Th Ave, Westminster, CO 80030
      View Details
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    7903 Zenobia St
    Westminster, CO 80030
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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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