Flex Warehouse Unit with 14'
1-221 Warren Ave Silverthorne, CO
For Sale
$998,000
Flex warehouse unit featuring a 14-foot high garage door within a low-maintenance HOA structure.
Property Size2,138 SF
Price / SF$466.79
Days on Market176
Property Features for 1-221 Warren Ave
General Information
- Standard status
- Active
- Size
- 2,138 SF
Listing Agency:
Colorado Real Estate Company - Jason J. Smith
(970) 262-7890
Listed By:
Jason Smith · License #ER40014765
(970) 262-7890
Source:
Exprealty
Added: Jan 29
Changed: Jul 23
Last Checked: Jul 23 at 12:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colorado Real Estate Company - Jason J. Smith
Investment Insights
Based on property information with market context.
This flex warehouse unit (Unit 2) offers a practical combination of space and utility, anchored by a 14-foot high garage door for convenient loading, vehicle storage, and large equipment movement. The generous interior area supports flexible configuration, whether you’re operating with a secure storage need, an active workspace, or a mixed office/warehouse setup.
Located in Silverthorne, Colorado within Summit County, the property is described as providing excellent I-70 corridor access. It also sits within a low-maintenance HOA structure.
The unit’s design is intended to accommodate day-to-day operations that require higher clearances, with enough room to tailor the layout to your working needs.
Located in Silverthorne, Colorado within Summit County, the property is described as providing excellent I-70 corridor access. It also sits within a low-maintenance HOA structure.
The unit’s design is intended to accommodate day-to-day operations that require higher clearances, with enough room to tailor the layout to your working needs.
Key Highlights
- Flex warehouse unit in Silverthorne, CO with a 14‑foot high garage door for high‑access loading and equipment movement
- 2,138 sq. ft. unit with flexible space for warehouse, contractor storage, showroom, or mixed office/warehouse use
- Located in a low‑maintenance HOA structure
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.4k | $26.40 |
| − Vacancy | −$8.5k | −$3.96 |
| EGI | $48.0k | $22.44 |
| − OpEx | −$12.0k | −$5.61 |
| NOI | $36.0k | $16.83 |
2,138 SF · lease $26.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Warehouse
$42.55M
$37.24M – $49.65M
NOI $2,978,801 @ 7.0% cap · market cap 298.48%
Second Best
Industrial
$35.04M
$30.66M – $40.89M
NOI $2,453,130 @ 7.0% cap · market cap 245.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- All Events & Catering — Silverthorne, CO 80497
FAQs
What type of property is this?
Flex space - Flex warehouse unit featuring a 14-foot high garage door within a low-maintenance HOA structure.
Where is this flex space located?
The property is located at 1-221 Warren Ave Silverthorne, CO.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Flex warehouse unit in Silverthorne, CO with a 14‑foot high garage door for high‑access loading and equipment movement; 2,138 sq. ft. unit with flexible space for warehouse, contractor storage, showroom, or mixed office/warehouse use; Located in a low‑maintenance HOA structure
