Storage Condo with High
1725 Majestic Drive #B-1 Lafayette, CO 80026
1725 Majestic Drive #B-1, Lafayette, CO, 80026
$345,000
For Sale
$345,000
Storage condo suitable for business, RVs, hobbies, cars, and more.
Property Size1,440 SF
Lot Size0.03 Acres
Price / SF$239.58
Days on Market139
Property Features for 1725 Majestic Drive #B-1
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.03 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2016
Listing Agency
REAL BROKER, LLC DBA REAL
(720) 807-2890
Listed by
ADAM KEMP
Source
Corcoran
Added: Mar 2 Checked: Jul 19 at 4:30 am
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 REAL BROKER, LLC DBA REAL
Investment Insights
Based on property information with market context.
This storage condo, available for occupancy, is located in Own It Storage and suitable for business, RVs, hobbies, cars, and more. The unit offers approximately 1,440 square feet (approx. 24x60) with 16-foot ceilings, an 18x14 overhead garage door with keypad opener, and a concrete floor. It includes an individual electric panel and a wall-mounted electric heater. Unit B-1 features a sink inside and a sewer dump station. Additionally, the unit has two man doors, including rear door access to open space and the Coal Creek Trail. Community amenities include 24-hour access, a gated entrance, a common restroom, and a meeting room. Unit B-2, located next door, is also on the market with 960 square feet. The wall between B-1 and B-2 can be easily removed to create a combined 2,440 square foot unit. The seller is interested in selling both units together and would consider a lease back until the end of June for Unit B-1.
Key Highlights
- 1,440 sq ft storage condo with 16' ceilings and 18x14 overhead garage door, ideal for business, RV, hobbies, cars, and more.
- Includes a sink and sewer dump station inside the unit.
- Benefit from 24‑hour access, gated entrance, common restroom, and meeting room.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.9k | $18.00 |
| − Vacancy | −$985 | −$0.68 |
| EGI | $24.9k | $17.32 |
| − OpEx | −$7.5k | −$5.19 |
| NOI | $17.5k | $12.12 |
1,440 SF · lease $18.00/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$249.4K
$218.2K – $290.9K
NOI $17,455 @ 7.0% cap · market cap 5.06%
Second Best
Self Storage
$197.0K
$172.4K – $229.8K
NOI $13,789 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$434.5K
$380.2K – $506.9K
NOI $30,413 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Own It Storage ...
Storage Facility
Garage Condo
Factory
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Storage condo suitable for business, RVs, hobbies, cars, and more.
Where is this self storage facility located?
The property is located at 1725 Majestic Drive #B-1 Lafayette, CO.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,440 sq ft storage condo with **16' ceilings and 18x14 overhead garage door**, ideal for business, RV, hobbies, cars, and more.; Includes a **sink and sewer dump station** inside the unit.; Benefit from **24‑hour access**, gated entrance, common restroom, and meeting room.
