Insulated Warehouse Condo with
341 1st St B-6 Mead, CO 80542
341 1st St B-6, Mead, CO, 80542
$225,000
For Sale
$225,000
Fully insulated flex/warehouse condo with a large overhead door, in-floor radiant heat, and gated community security.
Property Size1,000 SF
Price / SF$225
Days on Market20
Property Features for 341 1st St B-6
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2017
Listing agency
RE/MAX Nexus
(970) 556-0635
Listed by
Abby Renner · License #40029855
(970) 556-0635
Source
Elliman
Added: Jul 2 Updated: Jul 10 at 2:10PM Checked: Jul 19 at 6:12AM
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 RE/MAX Nexus
Investment Insights
Based on property information with market context.
This premium 1,000 sf warehouse condo is located within Ultimate Garage Club and is set up for flexible storage and light warehouse use. The unit is fully insulated and includes radiant in-floor heat, epoxy-coated concrete floors, and a private restroom with a deep utility sink. Power options include a 220V/100-amp plus 50-amp outlet, supporting a variety of equipment and operational needs. Vehicle access is provided by a 14' x 14' overhead garage door with an automatic opener, suited for large vehicles, trailers, and equipment.
The condo is situated in a fully fenced, secure gated community. The property is described as being approximately one mile west of I-25, offering convenient regional access throughout Northern Colorado and the Front Range. Onsite amenities noted in the remarks include a car wash, a fresh water station, and a dump station.
For tenants, this configuration can work well for operators who need a temperature-controlled, clean-finish space with direct overhead-door access and utility-ready power. For owners and buyers, it offers a self-contained warehouse condo setup with in-unit restroom facilities and practical loading access within a controlled-access community.
The condo is situated in a fully fenced, secure gated community. The property is described as being approximately one mile west of I-25, offering convenient regional access throughout Northern Colorado and the Front Range. Onsite amenities noted in the remarks include a car wash, a fresh water station, and a dump station.
For tenants, this configuration can work well for operators who need a temperature-controlled, clean-finish space with direct overhead-door access and utility-ready power. For owners and buyers, it offers a self-contained warehouse condo setup with in-unit restroom facilities and practical loading access within a controlled-access community.
Key Highlights
- 1000 SF commercial warehouse condo in Ultimate Garage Club (Mead, CO), built in 2017
- Fully insulated unit with radiant in‑floor heat and durable epoxy‑coated concrete floors
- 14' x 14' overhead garage door with automatic opener for large vehicles, trailers, equipment, and RVs
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 | $14.3k | $14.28 |
| − Vacancy | −$1.2k | −$1.16 |
| EGI | $13.1k | $13.12 |
| − OpEx | −$2.0k | −$1.97 |
| NOI | $11.2k | $11.15 |
1,000 SF · lease $14.28/SF/yr · vacancy 8.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$159.4K
$139.4K – $185.9K
NOI $11,155 @ 7.0% cap · market cap 4.96%
Second Best
Industrial
$127.4K
$111.5K – $148.6K
NOI $8,916 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office B
$182.3K
$159.5K – $212.6K
NOI $12,758 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lighthouse Storage
Storage Facility
U-Haul Neighborhood Dealer
Car Rental Facility
Custom SxS Outfitters
Auto Repair Shop
David & Sons Plumbers
Plumbing Service
Ultimate Garage Club
Storage Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully insulated flex/warehouse condo with a large overhead door, in-floor radiant heat, and gated community security.
Where is this flex space located?
The property is located at 341 1st St B-6 Mead, CO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1000 SF commercial warehouse condo in Ultimate Garage Club (Mead, CO), built in 2017; Fully insulated unit with radiant in‑floor heat and durable epoxy‑coated concrete floors; 14' x 14' overhead garage door with automatic opener for large vehicles, trailers, equipment, and RVs
