Quonset Warehouse on Fenced
For Sale
$1,100,000
905 Lone Tree Lane, Nunn, CO 80648
Quonset warehouse with a single 14-foot overhead door and fenced acreage, plus water access and septic service.
Property Size7,800 SF
Days on Market143
Property Features for 905 Lone Tree Lane
General Information
Standard status
Active
Size
7,800 SF
Property subtype
Industrial
Building Details
Building Size
7,800 SF
Listing Agency:
Cushman & Wakefield
Listed By:
Travis Ackerman · License #100014006
(970) 776-3900
Source:
Commercialcafe
Added: Apr 14
Changed: Aug 17
Last Checked: Jul 23 at 9:42AM
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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
905 & 915 Lone Tree Lane offers a warehouse configuration featuring a 7,800 SF Quonset building and fully fenced 6.7 acres. The facility is set up with one large 14-foot overhead door, providing enclosed protection for equipment stored on-site. The property is also equipped with water access and a septic system.
The site is described as centrally located in prime oil and gas activity between Cheyenne and Greeley. The listing indicates the property is available for sale or lease, and additional details are available through the listing broker.
The site is described as centrally located in prime oil and gas activity between Cheyenne and Greeley. The listing indicates the property is available for sale or lease, and additional details are available through the listing broker.
Key Highlights
- 7,800 SF Quonset warehouse on 6.7 fully fenced acres
- Single 14‑foot overhead door for loading and protecting equipment
- Water access available on the property
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
$87,008
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
7.91%
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%
$1,740,160
$1.7M
Cap Rate 7%
$1,242,971
$1.2M
Cap Rate 9%
$966,756
$966.8K
Market Conditions
NOI Build-Up for 7,800 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
$111.4K $14.28/SF
− Vacancy
−$9.0K −$1.16/SF
EGI
$102.4K $13.12/SF
− OpEx
−$15.4K −$1.97/SF
NOI
$87.0K $11.15/SF
Area
Weld County, CO
Vacancy
8.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
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%
$1,740,160
Cap Rate 7%
$1,242,971
Cap Rate 9%
$966,756
Alternative Uses
Best Use
Warehouse
$1.24M
$1.09M – $1.45M
NOI $87,008 @ 7.0% cap · market cap 7.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$1.42M
$1.24M – $1.66M
NOI $99,509 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80648, CO
1,261
Population
582
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
97%
High-School Grad
152.8 sq mi
ZIP Area
8
Density / Sq Mi
$92,432
Median Household Income
$58,382
Median Earnings
$2,192
Median Rent
$393,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Quonset warehouse with a single 14-foot overhead door and fenced acreage, plus water access and septic service.
Where is this warehouse located?
The property is located at 905 Lone Tree Lane Nunn, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 7,800 SF Quonset warehouse on 6.7 fully fenced acres; Single 14‑foot overhead door for loading and protecting equipment; Water access available on the property
