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Storage Condo with Rear Access

1725 Majestic Drive #B2 Lafayette, CO 80026

1725 Majestic Drive #B2, Lafayette, CO, 80026
$225,000
For Sale
$225,000

960 SF storage condo with 16' ceilings and rear access.

Property Size960 SF
Lot Size0.02 Acres
Price / SF$234.38
Days on Market237

Property Features for 1725 Majestic Drive #B2

General Information

Standard status
Active
Size
960 SF
Lot size
0.02 Acres
Property subtype
Commercial

Building Details

Year Built
2016
Listing Agency REAL BROKER, LLC DBA REAL
Listed by ADAM KEMP
Source Corcoran
Added: Nov 24, 2025 Checked: Jul 19 at 3:58 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 960 square foot storage condo is available now within Own It Storage. The unit, approximately 16x60, features 16' ceilings, a 10x14 overhead garage door with keypad opener, and a concrete floor. It includes an individual electric panel and a wall-mounted electric heater. The unit also has two-man doors, with a rear door providing access to open space and the Coal Creek Trail. The community offers 24-hour access, a gated entrance, and shared restroom and meeting room facilities. The property is suitable for business storage, RV storage, hobbies, car storage, and more. Unit B-1 next door is also on the market. Unit B-1 is listed for $355,000 (1,440 sq ft) and will be available for occupancy on July 1st. Unit B-1 has a sink inside the Unit, and a sewer dump station. The wall in between B-1 and B-2 can be removed easily creating a 2,440 square foot unit. The seller is interested in selling units together and would entertain a lease back until the end of June for Unit B-1.

Key Highlights

  • 960 sq ft storage condo with 16' ceilings and 10x14 overhead garage door.
  • 24hr access, gated entrance, common restroom and meeting room.
  • Rear door access to open space and Coal Creek Trail.

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 $17.3k $18.00
− Vacancy −$657 −$0.68
EGI $16.6k $17.32
− OpEx −$5.0k −$5.19
NOI $11.6k $12.12
960 SF · lease $18.00/SF/yr · vacancy 3.80% · expense 30.00%

Alternative Uses

Best Use
Industrial
$166.2K
$145.5K – $193.9K (±1% cap)
NOI $11,636 @ 7.0% cap · market cap 5.17%
Second Best
Self Storage
$131.3K
$114.9K – $153.2K (±1% cap)
NOI $9,193 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$289.6K
$253.4K – $337.9K (±1% cap)
NOI $20,275 @ 7.0% cap · market cap 9.01%
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

Suggested Use

Restaurant Dental Office Real Estate Agency Spa & Massage Center Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Accounting Firm Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Self storage facility - 960 SF storage condo with 16' ceilings and rear access.
Where is this self storage facility located?
The property is located at 1725 Majestic Drive #B2 Lafayette, CO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 960 sq ft storage condo with **16' ceilings** and **10x14 overhead garage door.**; 24hr access, gated entrance, common restroom and meeting room.; Rear door access to open space and Coal Creek Trail.
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