Arvada Flex Space
4475 W 58th Avenue #D Arvada, CO 80002
4475 W 58th Avenue #D, Arvada, CO, 80002
$635,000
For Sale
$635,000
Flex space condo with office and warehouse components for sale.
Property Size4,863 SF
Lot Size0.16 Acres
Price / SF$130.58
Days on Market465
Property Features for 4475 W 58th Avenue #D
General Information
- Standard status
- Active
- Size
- 4,863 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2005
Listing Agency
WOLFF REAL ESTATE GROUP
(719) 459-9653
Listed by
GREGORY WOLFF
Source
Corcoran
Added: Apr 12, 2025 Updated: Jul 6 at 9:52 am Checked: Jul 20 at 4:09 am
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 WOLFF REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This property is suitable for a subcontractor or industrial user, situated in Arvada with access to I-76 at 58th and Tennyson Street in Adams County, providing quick access to both I-76 and I-70. The first floor features 1,176 square feet of finished office space with a private entrance, a large reception area, four private offices, a copy/work room, a large kitchen with a seating area, and an ADA restroom. Additionally, there is 1,624 square feet of warehouse space with a 12-foot roll-up door and 20-foot ceilings, featuring a private entrance to both the office and warehouse areas. The second-floor mezzanine offers 1,947 square feet, including a restroom with a shower, a locker area with washer and dryer hookups, and an open storage area with forklift access. The property includes highly efficient geothermal energy systems. A forklift is included with the sale to move heavy items to the upper mezzanine. The property is close to the Arvada Marketplace, Clear Creek, and Ralston Creek. The annual HOA fee is $9,250, paid in two installments of $4,625. The HOA fee includes insurance, building coverage, flood insurance (scheduled to be removed in October 2025), fire alarm testing, water, trash, accounting, exterior security lighting, and landscaping. The total property size is 4,863 square feet.
Key Highlights
- Ideal for subcontractors or industrial users with excellent access to I‑76 and I‑70.
- Features 1,176 sq. ft. of finished office space and 1,624 sq. ft. of warehouse space with a 12‑foot roll‑up door and 20‑foot ceilings.
- 1,947 sq. ft. second‑floor mezzanine includes restroom, shower, lockers, washer/dryer hookups, and forklift access.
Local Financial Insights For Flex RnD
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 | $87.5k | $18.00 |
| − Vacancy | −$6.1k | −$1.26 |
| EGI | $81.4k | $16.74 |
| − OpEx | −$28.5k | −$5.86 |
| NOI | $52.9k | $10.88 |
4,863 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$755.9K
$661.4K – $881.9K
NOI $52,914 @ 7.0% cap · market cap 8.33%
Second Best
Warehouse
$686.1K
$600.3K – $800.4K
NOI $48,025 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,035 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Behunin Industrial Flooring
General Contractor
Advantage Electric
Electrical Service
K M Electric ...
Electrical Service
Total Vending Services
Big Box & Wholesale Store
Savstarr Technology
Corporate Office
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FAQs
What type of property is this?
Flex space - Flex space condo with office and warehouse components for sale.
Where is this flex space located?
The property is located at 4475 W 58th Avenue #D Arvada, CO.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Ideal for subcontractors or industrial users with excellent access to I‑76 and I‑70.; Features 1,176 sq. ft. of finished office space and 1,624 sq. ft. of warehouse space with a 12‑foot roll‑up door and 20‑foot ceilings.; 1,947 sq. ft. second‑floor mezzanine includes restroom, shower, lockers, washer/dryer hookups, and forklift access.
