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Property profile & analytics
OFF-MARKET Estimated value $365,000
Flex space

11640 Teller St Broomfield, CO 80020-6944

1.12 ac lot
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US13-0901994
Property summary
AI-generated overview

This exceptional 2,925 square foot executive office suite is located at 11640 Teller Street, Unit A, in Broomfield, Colorado, 80020. Built in 2020, this space is part of a larger 25,580 square foot building situated on a 48,622 square foot lot. The suite is on the second level of Unit A and offers convenient access via a separate entrance, eliminating the need to pass through a warehouse. The property boasts 46 total parking spaces for tenants and employees. This is a sublease opportunity with approximately four years remaining on the lease term, expiring in April 2028. All existing fixtures and furniture are included as part of the sublease agreement. The I-2 zoning allows for a variety of commercial uses. The location provides easy access to major transportation arteries, including Highway 36, CO-121, and Highway 287, ensuring convenient commutes for employees and clients. This turnkey solution presents a rare opportunity to secure high-quality office space in a prime Broomfield location with immediate occupancy. The building is a multi-tenant property.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Lot 1.12 ac (48,657 SF)
Zoning code I-2
APN 171702116034
UPID US13-0901994
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k
Owner & transaction history
Grigio Gatto LLC · 12 yrs held
Grigio Gatto LLC
since 2014
2 recorded transactions
2019
Price N/A
2014
$255,000
Zoning & alternative use
I-2 · Broomfield, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Chapter 17-26 - I-2 General Industrial District 17-26-010 - Intent. The intent of the I-2 district is to accommodate general industrial uses, developed in such a manner that these uses have no detrimental effects beyond the zone district in which they are located. (Ord. 149 Art. 15 §1, 1973) 17-26-020 - Permitted uses; by right. The following uses are permit…

Zone name General Industrial District
General category INDUSTRIAL
Zone area 256.93 ac
Source municipal code
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