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Flex Space with 16-Foot Ceilings
For Sale
$345,000

1725 Majestic Drive B-1, Lafayette, CO 80026

Gated commercial storage condominium with rear access, individual power, and shared meeting facilities.

Property Size1,440 SF
Price / SF$239.58
Days on Market77

Property Features for 1725 Majestic Drive B-1

General Information

Standard status Active
Size 1,440 SF

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1
Self-Storage Units 1

Amenities

24hr access
gated entrance
common restroom
meeting room
rear door access to open space and Coal Creek Trail
keypad opener
sink
sewer dump station

Building Details

Year Built 2016
Listing Agency: Real Broker, LLC DBA Real
Listed By: Adam Kemp · License #100087638
Source: Thecerettogroup
Added: Jul 31 Changed: Oct 7 Last Checked: Oct 15 at 4:19AM

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 1,440-square-foot flex condominium in a 2016 commercial storage community offers a practical enclosed workspace with 16-foot ceilings, a concrete floor, and an 18-by-14-foot overhead garage door with keypad operation. The unit includes an individual electric panel, wall-mounted electric heater, interior sink, sewer dump station, and two man doors. Rear access opens toward Coal Creek Trail, while the community provides round-the-clock entry, a gated entrance, common restroom, and meeting room.

Located at 1725 Majestic Drive in Lafayette, the property is identified as Unit B-1. The neighboring B-2 unit is also available, and the dividing wall can be removed to create a combined 2,440-square-foot configuration. The seller is interested in a combined sale and may consider a leaseback for B-1 through the end of June.

Key Highlights

  • 1,440 SF unit with 16' ceilings
  • 18x14 overhead garage door with keypad opener
  • Individual electric panel and wall‑mounted electric heater

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,195
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,900 $423.9K
Cap Rate 7%
$302,786 $302.8K
Cap Rate 9%
$235,500 $235.5K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$25.9K $18.00/SF
− Vacancy
−$985 −$0.68/SF
EGI
$24.9K $17.32/SF
− OpEx
−$3.7K −$2.60/SF
NOI
$21.2K $14.72/SF
Area
Boulder County, CO
Vacancy
3.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,900
Cap Rate 7%
$302,786
Cap Rate 9%
$235,500

Alternative Uses

Best Use
Warehouse
$302.8K
$264.9K – $353.3K (±1% cap)
NOI $21,195 @ 7.0% cap · market cap 6.14%
Second Best
Flex RnD
$257.2K
$225.1K – $300.1K (±1% cap)
NOI $18,005 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$434.5K
$380.2K – $506.9K (±1% cap)
NOI $30,413 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Own It Storage ... Storage Facility Garage Condo Factory

Suggested Use

Top Pick Restaurant Dental Office Real Estate Agency Spa & Massage Center Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

262
Businesses Nearby
Balanced
Demand for This Use

Demographics for 80026, CO

32,318
Population
14,209
Households
2.3
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
22.5 sq mi
ZIP Area
1,436
Density / Sq Mi
$115,031
Median Household Income
$59,937
Median Earnings
$2,054
Median Rent
$664,000
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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Tamales Monica Lafayette — 11990 E South Boulder Rd LOT 98, Lafayette, CO 80026

Frequently Asked Questions

What type of property is this?
Flex space - Gated commercial storage condominium with rear access, individual power, and shared meeting facilities.
Where is this flex space 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 SF unit with 16' ceilings; 18x14 overhead garage door with keypad opener; Individual electric panel and wall‑mounted electric heater
More about this property
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