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New Industrial/Flex Condo Units

168 Miller Dacono, CO 80514

168 Miller, Dacono, CO, 80514
$575,000
For Sale
$575,000

New industrial/flex condo units with modern amenities and gated entry.

Property Size1,487 SF
Lot Size1.77 Acres
Price / SF$386.68
Days on Market604

Property Features for 168 Miller

General Information

Standard status
Active
Size
1,487 SF
Lot size
1.77 Acres
Property subtype
Commercial

Building Details

Year Built
2025
Listing Agency Market Real Estate
Listed by TODD WALSH · License #EC100077894
Source Corcoran
Added: Nov 23, 2024 Checked: Jul 19 at 4:08 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 Market Real Estate


Investment Insights

Based on property information with market context.

These brand-new industrial/flex condo units at 168 Miller Drive offer a functional space. Units start at 1,487 square feet and feature a 14x14 ft glass overhead door and a mezzanine level. Each unit includes a modern kitchen, an ADA-compliant bathroom, and epoxy floors. The property provides a gated entry and ample parking. Parking is available at a rate of 3 spaces per 1,000 square feet. Each unit also features a front glass door.

Key Highlights

  • Brand new industrial/flex condo units built in 2025
  • Features a large 14x14 ft glass overhead door for easy access
  • Mezzanine level provides flexible space

Local Financial Insights For Warehouse

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 $21.2k $14.28
− Vacancy −$1.7k −$1.16
EGI $19.5k $13.12
− OpEx −$2.9k −$1.97
NOI $16.6k $11.15
1,487 SF · lease $14.28/SF/yr · vacancy 8.10% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$237.0K
$207.3K – $276.5K (±1% cap)
NOI $16,587 @ 7.0% cap · market cap 2.88%
Second Best
Industrial
$189.4K
$165.7K – $221.0K (±1% cap)
NOI $13,258 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office B
$271.0K
$237.1K – $316.2K (±1% cap)
NOI $18,970 @ 7.0% cap · market cap 3.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Parking Lot & Garage Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Skin Care Clinic Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - New industrial/flex condo units with modern amenities and gated entry.
Where is this flex space located?
The property is located at 168 Miller Dacono, CO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Brand new industrial/flex condo units built in 2025; Features a large 14x14 ft glass overhead door for easy access; Mezzanine level provides flexible space
Contact an agent
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