Warehouse with On-Site
For Sale
Contact for pricing
210 Versaw Ct, Berthoud, CO 80513
Warehouse with ample on-site parking and a versatile industrial layout in a quiet commercial area.
Property Size4,746 SF
Price / SF$200
Days on Market620
Property Features for 210 Versaw Ct
General Information
Standard status
Active
Size
4,746 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
Cushman & Wakefield | Fort Collins
(970) 776-3900
Listed By:
Tyler Murray · License #FA.100065482
(970) 267-7404
Source:
Moodyscre
Added: Jan 8, 2025
Changed: Sep 16
Last Checked: Sep 20 at 8:03AM
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 | Fort Collins
Investment Insights
Based on property information with market context.
210 Versaw Ct is an industrial warehouse property in Berthoud, Colorado with a versatile layout. At 4,746 SF, the building offers a practical footprint for a range of warehouse and light industrial needs. The property is presented as available for sale or lease.
The site is located in a quiet commercial area, with convenient access to Highway 287 and nearby amenities. On-site parking is available, supporting day-to-day operations and access for employees, customers, and service providers.
Overall, the combination of a manageable warehouse size, adaptable layout, and on-site parking supports straightforward ownership or occupancy for logistics-focused uses.
The site is located in a quiet commercial area, with convenient access to Highway 287 and nearby amenities. On-site parking is available, supporting day-to-day operations and access for employees, customers, and service providers.
Overall, the combination of a manageable warehouse size, adaptable layout, and on-site parking supports straightforward ownership or occupancy for logistics-focused uses.
Key Highlights
- 4,746 SF warehouse property
- Ample on‑site parking
- Versatile industrial layout
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
$51,104
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
5.38%
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%
$1,022,080
$1.0M
Cap Rate 7%
$730,057
$730.1K
Cap Rate 9%
$567,822
$567.8K
Market Conditions
NOI Build-Up for 4,746 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
$65.8K $13.86/SF
− Vacancy
−$5.7K −$1.19/SF
EGI
$60.1K $12.67/SF
− OpEx
−$9.0K −$1.90/SF
NOI
$51.1K $10.77/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /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%
$1,022,080
Cap Rate 7%
$730,057
Cap Rate 9%
$567,822
Alternative Uses
Best Use
Warehouse
$730.1K
$638.8K – $851.7K
NOI $51,104 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,173 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80513, CO
15,824
Population
6,563
Households
2.4
Avg Household Size
42
Median Age
44%
College-Educated
97%
High-School Grad
71.4 sq mi
ZIP Area
222
Density / Sq Mi
$117,024
Median Household Income
$53,161
Median Earnings
$1,709
Median Rent
$558,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Berthoud Mini Storage — 550 N 2nd St, Berthoud, CO 80513
- 2nd St. Self Storage — 945 N 2nd St, Berthoud, CO 80513
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with ample on-site parking and a versatile industrial layout in a quiet commercial area.
Where is this warehouse located?
The property is located at 210 Versaw Ct Berthoud, CO.
What is the asking price?
The asking price for this property is $949,200.
What are key features of this property?
This property features: 4,746 SF warehouse property; Ample on‑site parking; Versatile industrial layout
