Flex Condo with
9341 Commerce Center St D5 Highlands Ranch, CO 80129
9341 Commerce Center St D5, Highlands Ranch, CO, 80129
$448,500
For Sale
$448,500
Flex condo with mezzanine, safe, and office space.
Property Size1,700 SF
Price / SF$263.82
Days on Market134
Property Features for 9341 Commerce Center St D5
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2018
Listing agency
BANYAN REAL ESTATE LLC
(303) 748-3843
Listed by
Chris Lamee · License #001315204
(303) 748-3843
Source
Elliman
Added: Mar 10 Updated: Jul 10 at 3:48PM Checked: Jul 21 at 8:59AM
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 BANYAN REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This flex condo features a mezzanine and a built-in metal-walled walk-in safe. The property offers 1,700 square feet of space, including the mezzanine level. The walled-in safe was designed as a gun safe and provides a secure storage space. There is a drywalled office space located on the mezzanine level, which is built to withstand a large amount of weight. The property is suitable for use as a man cave, industrial workspace, or bunker.
Key Highlights
- 1,700 sq ft flex condo with mezzanine
- Built‑in metal walled walk‑in safe
- Mezzanine built to withstand heavy weight
Local Financial Insights For Mixed Use
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 | $38.4k | $22.56 |
| − Vacancy | −$3.1k | −$1.80 |
| EGI | $35.3k | $20.76 |
| − OpEx | −$13.2k | −$7.78 |
| NOI | $22.1k | $12.97 |
1,700 SF · lease $22.56/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$315.0K
$275.7K – $367.5K
NOI $22,052 @ 7.0% cap · market cap 4.92%
Second Best
Office B
$314.0K
$274.7K – $366.3K
NOI $21,978 @ 7.0% cap · market cap 4.90%
Theoretical Best
Specialty Retail
$461.0K
$403.3K – $537.8K
NOI $32,267 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Flex condo with mezzanine, safe, and office space.
Where is this live-work space located?
The property is located at 9341 Commerce Center St D5 Highlands Ranch, CO.
What is the asking price?
The asking price for this property is $448,500.
What are key features of this property?
This property features: 1,700 sq ft flex condo with mezzanine; Built‑in metal walled walk‑in safe; Mezzanine built to withstand heavy weight
