Property profile

3400 Penrose Pl Boulder, CO 80301

OFF-MARKET
Office Spaces
1,600 SF Built 1979
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Property summary

AI-generated overview

This exceptional 1,600 square foot medical office suite, located at 3400 Penrose Place, Suite 203 in Boulder, Colorado, presents a fantastic investment opportunity. Built in 1979, the property boasts a desirable location within Boulder County, zip code 80301, and is zoned exclusively for dental and medical practices. The suite features a spacious, open reception area, perfect for patient flow and creating a welcoming atmosphere. Two private, enclosed offices provide ample space for consultations or administrative tasks. A convenient private bathroom and kitchen add to the functionality and comfort of the space. The abundance of sinks is a significant advantage for any medical practice requiring multiple handwashing stations. This turnkey property is ready for immediate occupancy and is ideally suited for a variety of medical professionals seeking a well-established location in a thriving community. The asking price is $541,500. The property's prime location and specialized zoning make it a highly sought-after asset in the competitive Boulder market. This is a rare opportunity to acquire a well-maintained medical office space in a prime location.

Property profile

Verified
Property type Office Spaces
Year built 1979
Total area 1,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office Physician
  • Dental Office

Location

3400 Penrose Pl Boulder, CO 80301
Boulder metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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