New Industrial Construction in
For Sale
$10,683,750
4565 Venture Dr, Johnstown, CO 80534
Two industrial buildings in Northern Colorado's growing 2534 community.
Property Size38,850 SF
Days on Market107
Property Features for 4565 Venture Dr
General Information
Standard status
Active
Size
38,850 SF
Property subtype
Industrial
Building Details
Building Size
38,850 SF
Year Built
2025
Listing Agency:
CBRE - Fort Collins
(970) 372-3007
Listed By:
Jon Rue · License #FA40037286
(970) 372-3007
Source:
Elliman
Added: Apr 24
Changed: Aug 7
Last Checked: Aug 8 at 12:11PM
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 CBRE - Fort Collins
Investment Insights
Based on property information with market context.
New concrete tilt-up construction is available at 4565 Venture Dr. and 4544 Endeavor Dr. in Johnstown, CO. These two buildings are located within the 600-acre master-planned community known as 2534, the fastest-growing epicenter in Northern Colorado. Situated at the intersection of Interstate 25 and US Highway 34, 2534 offers access to a regional customer base and workforce. The location is accessible via major transportation corridors and a regional airport, and it is a short drive to shopping, dining, hospitality, medical, entertainment, and business services in Centerra and Johnstown Plaza. The bike score is 29, indicating it is somewhat bikeable, and the walk score is 21, indicating car-dependent accessibility.
Key Highlights
- New concrete tilt‑up construction (2 buildings)
- Located in the 600‑acre master‑planned community of 2534
- Fastest growing epicenter in Northern Colorado
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
$346,394
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
3.24%
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%
$6,927,880
$6.9M
Cap Rate 7%
$4,948,486
$4.9M
Cap Rate 9%
$3,848,822
$3.8M
Market Conditions
NOI Build-Up for 38,850 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
$536.1K $13.80/SF
− Vacancy
−$41.3K −$1.06/SF
EGI
$494.8K $12.74/SF
− OpEx
−$148.5K −$3.82/SF
NOI
$346.4K $8.92/SF
Area
Weld County, CO
Vacancy
7.70%
Lease Rate
$13.80 /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%
$6,927,880
Cap Rate 7%
$4,948,486
Cap Rate 9%
$3,848,822
Alternative Uses
Best Use
Industrial
$4.95M
$4.33M – $5.77M
NOI $346,394 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$7.08M
$6.20M – $8.26M
NOI $495,629 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Explore this area
Business Placement
Demographics for 80534, CO
18,785
Population
7,137
Households
2.6
Avg Household Size
36
Median Age
37%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
391
Density / Sq Mi
$132,320
Median Household Income
$65,749
Median Earnings
$1,778
Median Rent
$509,500
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.
Frequently Asked Questions
What type of property is this?
Industrial property - Two industrial buildings in Northern Colorado's growing 2534 community.
Where is this industrial property located?
The property is located at 4565 Venture Dr Johnstown, CO.
What is the asking price?
The asking price for this property is $10,683,750.
What are key features of this property?
This property features: New concrete tilt‑up construction (2 buildings); Located in the 600‑acre master‑planned community of 2534; Fastest growing epicenter in Northern Colorado
