Warehouse Building with Ample
For Sale
Contact for pricing
5717 Arapahoe Ave, Boulder, CO 80303
Warehouse portion totals about 37,000 sq. ft., with ample parking on the property.
Property Size48,786 SF
Price / SF$184.48
Days on Market864
Property Features for 5717 Arapahoe Ave
General Information
Standard status
Active
Size
48,786 SF
Property subtype
INDUSTRIAL
Listing Agency:
Regel & Associates, LLC
(303) 746-7375
Listed By:
Edward Regel
(303) 746-7375
Source:
Moodyscre
Added: Apr 19, 2024
Changed: Aug 14
Last Checked: Aug 29 at 4:38PM
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 Regel & Associates, LLC
Investment Insights
Based on property information with market context.
This for-sale warehouse building includes ample parking and features a warehouse component of approximately 37,000 sq. ft. The property is currently occupied by long-term tenants.
Located in East Boulder, the building sits just north of Flatirons Country Club, with many nearby amenities.
Located in East Boulder, the building sits just north of Flatirons Country Club, with many nearby amenities.
Key Highlights
- Warehouse portion totals approximately 37,000 sq. ft.
- Ample parking available on the property
- Long‑term tenants in place
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
$528,196
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
5.87%
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%
$10,563,920
$10.6M
Cap Rate 7%
$7,545,657
$7.5M
Cap Rate 9%
$5,868,844
$5.9M
Market Conditions
NOI Build-Up for 48,786 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
$673.2K $13.80/SF
− Vacancy
−$51.8K −$1.06/SF
EGI
$621.4K $12.74/SF
− OpEx
−$93.2K −$1.91/SF
NOI
$528.2K $10.83/SF
Area
Boulder, CO
Vacancy
7.70%
Lease Rate
$13.80 /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%
$10,563,920
Cap Rate 7%
$7,545,657
Cap Rate 9%
$5,868,844
Alternative Uses
Best Use
Warehouse
$7.55M
$6.60M – $8.80M
NOI $528,196 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.49M
$14.43M – $19.23M
NOI $1,154,004 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80303, CO
25,328
Population
12,583
Households
2
Avg Household Size
32
Median Age
79%
College-Educated
99%
High-School Grad
21.9 sq mi
ZIP Area
1,157
Density / Sq Mi
$77,344
Median Household Income
$31,661
Median Earnings
$1,833
Median Rent
$941,600
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.
Similar Off Market Nearby
- Life Storage — 6338 Arapahoe Rd, Boulder, CO 80303
- Arapahoe Storage Units — 5735 Arapahoe Ave, Boulder, CO 80303
- Extra Space Storage — 5815 Arapahoe Ave, Boulder, CO 80303
- Arapahoe Self Storage LLC — 6389 Arapahoe Rd, Boulder, CO 80303
- AAA Store-N-Lock — 6389 Arapahoe Rd, Boulder, CO 80303
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse portion totals about 37,000 sq. ft., with ample parking on the property.
Where is this warehouse located?
The property is located at 5717 Arapahoe Ave Boulder, CO.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Warehouse portion totals approximately 37,000 sq. ft.; Ample parking available on the property; Long‑term tenants in place
