Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2425-2595 Canyon Blvd Boulder, CO 80302
    Back to Search
    Property profile & analytics

    2425-2595 Canyon Blvd, Boulder, CO 80302

    View on Map
    • Retail properties & Spaces
    • 76,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 2425-2595 Canyon Blvd

    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    WaterStreet Plaza offers exceptional office space in a prime location on Canyon Boulevard, just off 28th Street. This four-story, Class B building boasts 76,800 square feet of versatile space suitable for various office needs, including executive, creative, traditional, professional, and storefront uses. The property sits on a 3.92-acre lot and features a generous parking ratio of 3 spaces per 1,000 square feet, with ample visitor parking available in a surface lot and along 26th Street. Underground garage parking is also available for employees. The building's convenient location provides easy access via Folsom, Canyon, and 26th Streets, offering excellent ingress and egress. Its proximity to a variety of restaurants and retail establishments adds to its appeal. The multiple tenancy structure provides flexibility for businesses of various sizes. This property presents a unique opportunity for businesses seeking a well-located, spacious, and conveniently accessible office environment. The building's diverse suite options cater to a wide range of professional needs. Contact us today to learn more about leasing opportunities at WaterStreet Plaza.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.261
    Latitude
    40.0175

    Comparable in this City

    • Value Estimation by Request
      7,758 SF

      1735-1737 15Th St

      Individual retail properties
      1735-1737 15Th St, Boulder, CO 80302
      View Details
    • Value Estimation by Request
      4,867 SF

      1360 Walnut St

      Office Units
      1360 Walnut St, Boulder, CO 80302
      View Details
    • Value Estimation by Request

      1155 Canyon Blvd

      Office Units
      1155 Canyon Blvd, Boulder, CO 80302
      View Details
    • Value Estimation by Request
      7,758 SF

      1735-1737 15Th St

      Office Units
      1735-1737 15Th St, Boulder, CO 80302
      View Details
    • Value Estimation by Request
      12,476 SF

      1711 Pearl St

      Office Spaces
      1711 Pearl St, Boulder, CO 80302
      View Details
    • Value Estimation by Request
      15,726 SF

      1543 Pearl St

      Retail properties & Spaces
      1543 Pearl St, Boulder, CO 80302
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Downtown Boulder Development Opportunity

      0.33-acre site near Pearl Street Mall with development potential.
      1727 Pearl St, Boulder, CO 80302
      View Details
    • Contact for pricing
      12,389 SF

      Downtown Boulder Mixed-Use Opportunity

      Mixed-use building in downtown Boulder with income and owner-user potential.
      1033 Walnut St, Boulder, CO 80302
      View Details
    • Contact for pricing
      1,300 SF

      Iconic Corner Retail Opportunity

      Stand-alone building on University Hill with wrap-around patio.
      904 College Ave, Boulder, CO 80302
      View Details
    • Contact for pricing

      Downtown Boulder Historic Building

      Fully leased historic building in Downtown Boulder for sale.
      1319 Spruce St, Boulder, CO 80302
      View Details
    • $4,499,640
      338 SF

      Boulder Retail & Office Building

      Classic building with exposed brick, wood timbers, and high ceilings.
      1735 15Th St, Boulder, CO 80302
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,078 SF

      Downtown Boulder Retail Gem

      Prime Boulder location, flexible space.
      1401 Walnut St, Boulder, CO 80302
      View Details
    • Contact for pricing
      1,693 SF

      Charming Retail Space Near Microsoft

      Retail space with detached studio, near Microsoft's Boulder office.
      1629 Canyon Blvd, Boulder, CO 80302
      View Details
    • Contact for pricing
      5,000 SF

      Downtown Boulder Retail/Office Space

      Prime location with high-end finishes and ample natural light.
      1140 Pearl St, Boulder, CO 80302
      View Details
    • Contact for pricing
      1,309 SF

      Freestanding Retail Building on Canyon

      Attractive retail building with parking and high visibility on Canyon.
      537 Canyon Blvd, Boulder, CO 80302
      View Details
    • Contact for pricing
      1,350 SF

      Retail Space Near Pearl Street

      Retail space with basement storage near Pearl Street.
      2015-2025 Broadway, Boulder, CO 80302
      View Details
    • Contact for pricing
      1,654 SF

      Pearl Street Retail Space Available

      Retail space with storefront exposure on Pearl Street in Boulder.
      1428-1430 Pearl St, Boulder, CO 80302
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2425-2595 Canyon Blvd
    Boulder, CO 80302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2425-2595 Canyon Blvd, Boulder, CO, 80302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!