Industrial Site Near Highway
For Sale
$4,750,000
145 14th St, Fort Lupton, CO 80621
6.4-acre industrial site with five buildings and outdoor storage.
Property Size22,936 SF
Lot Size6.40 Acres
Price / SF$206.85
Days on Market142
Property Features for 145 14th St
General Information
Standard status
Active
Size
22,936 SF
Lot size
6.40 Acres
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$87,258
Building Details
Building Size
22,936 SF
Year Built
1950
Listing Agency:
Cushman & Wakefield
Listed By:
Travis Ackerman · License #100014006
(970) 222-6452
Source:
Elliman
Added: Apr 24
Changed: Sep 2
Last Checked: Sep 12 at 8:38AM
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.
This 6.4-acre industrial site is located one mile from Highway 85. The property includes five buildings totaling 22,963 square feet. It is fully zoned for outdoor storage and features an 80-foot heated wash bay. The site has full city water and sewer connections. Currently partially leased, the property is suitable for an owner user or a multi-tenant investment. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 51, suggesting it is somewhat walkable.
Key Highlights
- 6.4‑acre industrial site suitable for lease or sale.
- Five buildings totaling 22,963 SF.
- Fully zoned for outdoor storage.
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
$204,742
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
4.31%
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%
$4,094,840
$4.1M
Cap Rate 7%
$2,924,886
$2.9M
Cap Rate 9%
$2,274,911
$2.3M
Market Conditions
NOI Build-Up for 22,963 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
$316.9K $13.80/SF
− Vacancy
−$24.4K −$1.06/SF
EGI
$292.5K $12.74/SF
− OpEx
−$87.7K −$3.82/SF
NOI
$204.7K $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%
$4,094,840
Cap Rate 7%
$2,924,886
Cap Rate 9%
$2,274,911
Alternative Uses
Best Use
Industrial
$2.92M
$2.56M – $3.41M
NOI $204,742 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$4.19M
$3.66M – $4.88M
NOI $292,950 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 80621, CO
13,343
Population
5,110
Households
2.6
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
126.6 sq mi
ZIP Area
105
Density / Sq Mi
$80,746
Median Household Income
$41,677
Median Earnings
$1,389
Median Rent
$425,900
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?
Industrial property - 6.4-acre industrial site with five buildings and outdoor storage.
Where is this industrial property located?
The property is located at 145 14th St Fort Lupton, CO.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 6.4‑acre industrial site suitable for lease or sale.; Five buildings totaling 22,963 SF.; Fully zoned for outdoor storage.
