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    High-End Professional/Medical Office Space

    4775 Larimer Pkwy Johnstown, CO 80534

    4775 Larimer Pkwy, Johnstown, CO, 80534
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    5,651 SF professional suite with high-end finishes.

    Property Size5,651 SF
    Price / SF$212.35
    AddedJul 23, 2024
    Days on Market723
    Last RefreshMay 12 at 9:10 pm

    Property Features for 4775 Larimer Pkwy

    General Information

    Standard status
    Active
    Size
    5,651 SF
    Property subtype
    Office

    Building Details

    Year Built
    2008

    Listing office URealty Inc

    Listing date Jul 23, 2024

    Source Crexi

    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 URealty Inc

    Investment Insights

    Based on property information with market context.

    This is a 5,651 square foot professional or medical office suite located just off Highway 34, adjacent to the 2534 master-planned mixed-use community. Situated on the second floor, the suite features high-end finishes and custom woodwork. It is located in a well-maintained office park that provides on-site parking. The building is near medical facilities such as Northern Colorado Rehabilitation Hospital and is surrounded by restaurants, retailers, hotels, and banks.

    Key Highlights

    • Strategically located off Highway 34 and adjacent to the desirable 2534 master‑planned community.
    • High‑end finishes and custom woodwork throughout the 5,651 square foot suite.
    • Well‑maintained office park with plenty of on‑site parking.

    Local 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 $101.7k $18.00
    − Vacancy −$5.6k −$0.99
    EGI $96.1k $17.01
    − OpEx −$24.0k −$4.25
    NOI $72.1k $12.76
    5,651 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.03M
    $901.2K – $1.20M (±1% cap)
    NOI $72,093 @ 7.0% cap · market cap 6.01%
    Second Best
    Healthcare Medical
    $69.2K
    $60.5K – $80.7K (±1% cap)
    NOI $4,843 @ 7.0% cap · market cap 0.40%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Parking Lot & Garage HVAC Service Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Kitchen & Bath Showroom

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

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    FAQs

    What type of property is this?
    Medical Office Space - 5,651 SF professional suite with high-end finishes.
    Where is this medical office space located?
    The property is located at 4775 Larimer Pkwy Johnstown, CO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Strategically located off Highway 34 and adjacent to the desirable 2534 master‑planned community.; **High‑end finishes and custom woodwork throughout the 5,651 square foot suite.**; Well‑maintained office park with plenty of on‑site parking.
    Contact an agent
    (970) 776-3900 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matt Haskell
    Matt Haskell
    Real Estate License ID: CO ER040012597
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