Industrial Flex Building For
For Sale
Contact for pricing
14479 Mead Ct, Mead, CO 80504
Centrally located industrial flex building with office and warehouse space.
Property Size11,375 SF
Price / SF$175
Days on Market788
Property Features for 14479 Mead Ct
General Information
Standard status
Active
Size
11,375 SF
Property subtype
Industrial
Zoning
I-L (Light Industrial)
Building Details
Year Built
2003
Buildings
1
Listing Agency:
CBRE - Fort Collins
Listed By:
TJ Antinora · License #100066530
(970) 402-5170
Source:
Crexi
Added: Jul 17, 2024
Changed: Sep 5
Last Checked: Sep 12 at 7:04AM
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 CBRE - Fort Collins
Investment Insights
Based on property information with market context.
This centrally located industrial flex building offers an exceptional opportunity. Situated less than a mile from the highway 66/I-25 interchange, the property provides convenient access from Fort Collins through Denver. The building spans 11,375 square feet, featuring approximately 4,600 square feet of office space, complete with a break room and a separate kitchen. The warehouse is thoughtfully sectioned and boasts five oversized 14’x12’ overhead doors, making it ideal for various business needs. This versatile property is in a strategic front range location.
Key Highlights
- Prime location: Less than a mile from the Highway 66/I‑25 interchange, providing convenient access from Fort Collins through Denver.
- Substantial space: 11,375 square feet total, suitable for diverse business operations.
- Ample office space: Approximately 4,600 square feet of office area, including a break room and separate kitchen.
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
$101,422
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
5.09%
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%
$2,028,440
$2.0M
Cap Rate 7%
$1,448,886
$1.4M
Cap Rate 9%
$1,126,911
$1.1M
Market Conditions
NOI Build-Up for 11,375 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
$157.0K $13.80/SF
− Vacancy
−$12.1K −$1.06/SF
EGI
$144.9K $12.74/SF
− OpEx
−$43.5K −$3.82/SF
NOI
$101.4K $8.92/SF
Area
Weld County, CO
Vacancy
7.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$2,028,440
Cap Rate 7%
$1,448,886
Cap Rate 9%
$1,126,911
Alternative Uses
Best Use
Industrial
$1.45M
$1.27M – $1.69M
NOI $101,422 @ 7.0% cap · market cap 5.09%
Second Best
Flex RnD
$1.35M
$1.18M – $1.57M
NOI $94,177 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office B
$2.07M
$1.81M – $2.42M
NOI $145,117 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80504, CO
60,183
Population
23,359
Households
2.6
Avg Household Size
38
Median Age
43%
College-Educated
93%
High-School Grad
94.6 sq mi
ZIP Area
636
Density / Sq Mi
$109,671
Median Household Income
$54,317
Median Earnings
$1,895
Median Rent
$556,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Centrally located industrial flex building with office and warehouse space.
Where is this flex space located?
The property is located at 14479 Mead Ct Mead, CO.
What is the asking price?
The asking price for this property is $1,990,625.
What are key features of this property?
This property features: Prime location: Less than a mile from the Highway 66/I‑25 interchange, providing convenient access from Fort Collins through Denver.; Substantial space: 11,375 square feet total, suitable for diverse business operations.; Ample office space: Approximately 4,600 square feet of office area, including a break room and separate kitchen.
