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    8020 Federal Blvd Westminster, CO 80031
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    Property profile & analytics

    8020 Federal Blvd, Westminster, CO 80031

    View on Map
    • Office buildings
    • 7,050 SF
    • 0.44 lot acres
    For Sale
    $2,499,000
    View Listing →
    Westminster Retail Investment Opportunity For Sale
    $2,499,000
    10,070 SF

    Westminster Retail Investment Opportunity

    Stable, fully occupied retail property with diverse tenant mix.

    8020 Federal Blvd, Westminster, CO 80031
    View Listing
    Property ID
    US13-0832574
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    5.6%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Center For Change, LLC / Medical Clinic
    • D&B Construction LLC / Construction Company
    • Figwood Cleaning / Hardware & Home Improvement
    • Rooted Path Shop / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Colorado Bail Bonds / Law Firm

    Property Details for 8020 Federal Blvd

    Year built
    1976
    Lot size
    0.44 lot acres
    Property type
    Office buildings
    APN
    R0061302
    APU
    R0061302

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,990,000
      ML approach
      $2,090,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,840,000
      6.5%
      $1,700,000
      7%
      $1,580,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,248,000
      Market price range: $1.14M - $2.65M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,960,000
      Current use
      AUTO REPAIR, GARAGE
      $3,005,000
      Change: +53% Conversion: Difficult
      RESTAURANT
      $2,640,000
      Change: +35% Conversion: Moderate
      RETAIL STORES
      $2,560,000
      Change: +31% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,945,000
      Change: -1% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,755,000
      Change: -10% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,595,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Adams
    State
    Colorado
    Longitude
    -105.024
    Latitude
    39.8424
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,398
    $48,440
    $221,440
    $269,880
    -
    $173,610
    $793,704
    $967,314

    Comparable in this City

    • Value Estimation by Request
      2,708 SF

      8221 Bradburn Dr

      OFFICE BUILDING
      8221 Bradburn Dr, Westminster, CO 80031-3907
      View Details
    • Value Estimation
      $2,535,000
      16,430 SF

      8471 Tpke Dr

      OFFICE BUILDING
      8471 Tpke Dr, Westminster, CO 80031-4387
      View Details
    • Value Estimation
      $5,400,000
      37,000 SF

      8671 Wolff Ct

      OFFICE BUILDING
      8671 Wolff Ct, Westminster, CO 80031-3609
      View Details
    • Value Estimation
      $1,560,000
      10,336 SF

      8690 Wolff Ct

      OFFICE BUILDING
      8690 Wolff Ct, Westminster, CO 80031-3646
      View Details
    • Value Estimation
      $1,485,000
      12,323 SF

      8778 Wolff Ct

      OFFICE BUILDING
      8778 Wolff Ct, Westminster, CO 80031-3698
      View Details
    • Value Estimation
      $2,910,000
      22,580 SF

      8753 Yates Dr

      OFFICE BUILDING
      8753 Yates Dr, Westminster, CO 80031-6947
      View Details

    Similar Nearby for Sale

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      10,336 SF

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      View Details
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      Freestanding Building in Sheridan Park

      Office building in Sheridan Park with easy highway access.
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    • $2,500,000

      Westminster Value-Add Multi-Tenant Office

      Value-add multi-tenant office property in Westminster, Colorado for sale.
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      Versatile Workspace in Uplands Development

      Unique office building with T-1 zoning in Westminster, Colorado.
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    • $500,000
      5,324 SF

      Versatile Workspace in Westminster

      Unique building in the heart of the future Uplands Development.
      8221 Bradburn Dr, Westminster, CO 80031
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    Similar Nearby for Lease

    • Contact for pricing
      2,107 SF

      Westminster Class B Office Space

      Class B office building with highway access and modernized amenities.
      8700 Turnpike Dr, Westminster, CO 80031
      View Details
    • Contact for pricing
      1,659 SF

      Stand-Alone Building Near RTD

      Stand-alone building with signage opportunity, close to amenities and RTD.
      8741-8787 Turnpike Dr, Westminster, CO 80031
      View Details
    • Contact for pricing

      Westminster Office Unit For Sale

      Remodeled 840 SF office unit with separate entrance.
      8791 Wolff Ct, Westminster, CO 80031
      View Details
    • Contact for pricing

      Westminster Office Space Available

      Office suite available for rent in Westminster, Colorado.
      8670 Wolff Ct, Westminster, CO 80031
      View Details
    • Contact for pricing
      2,007 SF

      Westminster Office Space For Lease

      Office space available for lease in Westminster, Colorado.
      8774 Yates Dr, Westminster, CO 80031
      View Details
    • Contact for pricing
      1,522 SF

      Retail Space in Westminster

      Retail space available for lease in Westminster, Colorado.
      11940 Bradburn Blvd, Westminster, CO 80031
      View Details
    View Listing
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    8020 Federal Blvd
    Westminster, CO 80031
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    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.

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