High-Exposure Industrial Building For
For Sale
$4,700,000
655 Mc Intyre St, Golden, CO 80401
Industrial building with fenced yard and highway exposure available for sale.
Property Size24,810 SF
Lot Size1.39 Acres
Days on Market157
Property Features for 655 Mc Intyre St
General Information
Standard status
Active
Size
24,810 SF
Lot size
1.39 Acres
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$64,577
Building Details
Building Size
24,810 SF
Year Built
1980
Stories
2
Units
1
Listing Agency:
Christopher Ball
(303) 332-6954
Listed By:
Chris Ball · License #40000695
(303) 332-6954
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 4:50AM
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 Christopher Ball
Investment Insights
Based on property information with market context.
The property located at 655 McIntyre St, also known as 15611 W 6th Ave, is a high clear free span building featuring both dock high and drive-in loading capabilities. It includes a fenced yard and offers 600 amps of 480 volt 3 phase power. The location provides exposure to approximately 130,000 vehicles per day due to its proximity to Hwy 6 and I-70. The I-3 zoning allows for outside storage. The property is available for lease or sale.
Key Highlights
- High‑traffic location with approximately 130,000 vehicles per day on Hwy 6 and I‑70
- I‑3 Zoning allows for outside storage
- Dock‑high and drive‑in loading capabilities
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$192,261
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,845,220
$3.8M
Cap Rate 7%
$2,746,586
$2.7M
Cap Rate 9%
$2,136,233
$2.1M
Market Conditions
NOI Build-Up for 24,810 SF
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.
Gross rent
$287.3K $11.58/SF
− Vacancy
−$12.6K −$0.51/SF
EGI
$274.7K $11.07/SF
− OpEx
−$82.4K −$3.32/SF
NOI
$192.3K $7.75/SF
Area
Jefferson County, CO
Vacancy
4.40%
Lease Rate
$11.58 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,845,220
Cap Rate 7%
$2,746,586
Cap Rate 9%
$2,136,233
Alternative Uses
Best Use
Industrial
$2.75M
$2.40M – $3.20M
NOI $192,261 @ 7.0% cap · market cap 4.09%
Second Best
Warehouse
$2.67M
$2.33M – $3.11M
NOI $186,718 @ 7.0% cap · market cap 3.97%
Theoretical Best
Multifamily LT 5
$55.21M
$48.31M – $64.41M
NOI $3,864,785 @ 7.0% cap · market cap 82.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80401, CO
41,913
Population
17,762
Households
2.4
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
49.1 sq mi
ZIP Area
854
Density / Sq Mi
$112,444
Median Household Income
$53,936
Median Earnings
$1,868
Median Rent
$748,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Record Nations — 14500 W Colfax Ave, Lakewood, CO 80401
- Trinity Leasing — 511 Orchard St, Golden, CO 80401
- StorQuest Self Storage — 1220 Isabell St, Golden, CO 80401
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building with fenced yard and highway exposure available for sale.
Where is this warehouse located?
The property is located at 655 Mc Intyre St Golden, CO.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: High‑traffic location with approximately 130,000 vehicles per day on Hwy 6 and I‑70; I‑3 Zoning allows for outside storage; Dock‑high and drive‑in loading capabilities
