Financial
Distress signals
Property profile

5450 Western Ave Boulder, CO 80301

FOR LEASE
Office buildings
Property ID
US13-0172741
25,432 SF 0.97 ac lot Built 1984
Last sale Aug 2022 · $7,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

5450 Western Avenue is a freestanding office/flex building totaling 25,432 square feet, configured to combine professional office areas with adjoining flexible warehouse space for a range of business uses. The property is located near Arapahoe Avenue, with access to major thoroughfares and proximity to destinations including the 29th Street Mall and Downtown Boulder. Amenities in the surrounding area include nearby restaurants and cafés such as Black Belly Restaurant & Market, Ozo Coffee, and Pica’s Taqueria.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$155k
Tax billed · 2023
Assessed value$1.80M
Assessed land$642k
Assessed improvement$1.16M
Effective rate8.60%

Value estimate

· Sep 2026
$7.34M
$6.60M – $8.07M
AI approach$7.44M
CAP approach$5.87M
NOI build-up
Gross scheduled income$351k
Vacancy & credit loss−$27k
Operating expenses−$97k
NOI · 2,278,954.77% cap applied$227k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$442/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$288 – $609
Qualifying comparables4

Cap rate analysis

How does the asset earn?
2,278,954.77%
$227k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
3115
JurisdictionBOULDER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.6
HVAC Service12.4
Convenience Store10.5

Location

5450 Western Ave Boulder, CO 80301
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6260 Lookout, Boulder, CO 80301-3685 $2,600,000 Feb 2025 21,844 SF
1800 30th, Boulder, CO 80301-1088 $5,100,000 Feb 2023 36,805 SF
2950 Wilderness, Boulder, CO 80301-2256 $39,481,600 Jun 2022 26,324 SF
1800 38th, Boulder, CO 80301-2620 $2,160,000 May 2022 17,510 SF
5555 Central, Boulder, CO 80301-2898 $13,200,000 Apr 2022 25,306 SF
5500 Flatiron, Boulder, CO 80301-2824 $27,200,000 Apr 2022 37,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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