Warehouse Condo with
For Sale
$599,000
D-4475 W 58th Ave, Arvada, CO 80002
Condo includes finished office, warehouse with roll-up door, and a mezzanine with forklift access.
Property Size4,747 SF
Price / SF$126.18
Days on Market567
Property Features for D-4475 W 58th Ave
General Information
Standard status
Active
Size
4,747 SF
Additional Details
Highway Access
Yes
Clear Height
20 ft
Taxes and HOA fees
Annual Taxes
$18,000
Amenities
geo-thermal energy system
outside security lighting
landscaping
Listing Agency:
Wolff Real Estate Group
Listed By:
Gregory Wolff · License #040010412
(719) 459-9653
Source:
Exprealty
Added: Apr 12, 2025
Changed: Oct 25
Last Checked: Oct 28 at 11:44AM
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 Wolff Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse condo offers a combined office and industrial layout designed for an on-site operator. The first floor includes 1,176 sq. ft. of finished office space with a private entrance, large reception area, four private offices, a copy/work room, a large kitchen with seating area, and an ADA restroom. The first floor also includes 1,624 sq. ft. of warehouse space with a 12-foot roll-up door, 20-foot ceilings, and a private entrance connecting the office and warehouse.
A 1,947 sq. ft. second-floor mezzanine adds additional functional space, including a restroom with shower, a lockers area, an open storage area, and forklift access. A lift is included with the sale to help move heavy items to the upper mezzanine. Highly efficient geo-thermal energy systems are in place.
The property is positioned for convenient access to I-76 near 58th & Tennyson Street, with easy, quick access to I-76 and I-70. HOA fees are $9,250 annually, paid twice per year at $4,625, and the association includes insurance, building, flood coverage (scheduled to drop off in October 2025 following a FEMA-related application submitted by the City of Arvada), fire alarm testing, water, trash, accounting, and exterior security lighting and landscaping.
A 1,947 sq. ft. second-floor mezzanine adds additional functional space, including a restroom with shower, a lockers area, an open storage area, and forklift access. A lift is included with the sale to help move heavy items to the upper mezzanine. Highly efficient geo-thermal energy systems are in place.
The property is positioned for convenient access to I-76 near 58th & Tennyson Street, with easy, quick access to I-76 and I-70. HOA fees are $9,250 annually, paid twice per year at $4,625, and the association includes insurance, building, flood coverage (scheduled to drop off in October 2025 following a FEMA-related application submitted by the City of Arvada), fire alarm testing, water, trash, accounting, and exterior security lighting and landscaping.
Key Highlights
- 1,176 SF finished office on the first floor with private entrance, reception area, 4 private offices, copy/work room, large kitchen, and ADA restroom
- 1,624 SF warehouse with a 12‑ft roll‑up door and 20‑ft ceilings, plus a private entrance to the office and warehouse
- Second‑floor mezzanine offers 1,947 SF with restroom with shower, locker area, washer/dryer hookup space, open storage, and forklift access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,652
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,033,040
$1.0M
Cap Rate 7%
$737,886
$737.9K
Cap Rate 9%
$573,911
$573.9K
Market Conditions
NOI Build-Up for 4,747 SF
Gross rent
$85.4K $18.00/SF
− Vacancy
−$6.0K −$1.26/SF
EGI
$79.5K $16.74/SF
− OpEx
−$27.8K −$5.86/SF
NOI
$51.7K $10.88/SF
Area
Arvada, CO
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,033,040
Cap Rate 7%
$737,886
Cap Rate 9%
$573,911
Alternative Uses
Best Use
Flex RnD
$737.9K
$645.7K – $860.9K
NOI $51,652 @ 7.0% cap · market cap 8.62%
Second Best
Warehouse
$669.7K
$586.0K – $781.3K
NOI $46,880 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,864 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Condo includes finished office, warehouse with roll-up door, and a mezzanine with forklift access.
Where is this flex space located?
The property is located at D-4475 W 58th Ave Arvada, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,176 SF finished office on the first floor with private entrance, reception area, 4 private offices, copy/work room, large kitchen, and ADA restroom; 1,624 SF warehouse with a 12‑ft roll‑up door and 20‑ft ceilings, plus a private entrance to the office and warehouse; Second‑floor mezzanine offers 1,947 SF with restroom with shower, locker area, washer/dryer hookup space, open storage, and forklift access
