Industrial Flex Condo
1740 Skyway Drive #1-8, Longmont, CO 80504
For Sale
$3,925,000
Single-story industrial building combines warehouse and office areas with fenced exterior storage.
Property Size20,000 SF
Days on Market95
Property Features for 1740 Skyway Drive #1-8
General Information
Standard status
Size
Property subtype
Site & Location
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Warehouse Space
Office Build-Out
Power
Three-Phase Power
Sprinkler System
Cold Storage
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Abandoned
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
Jim Knowlton · License CO #100032419
(719) 651-8495
Source:
Pinnaclerea
Added: Aug 8
Changed: Nov 5
Last Checked: Nov 10 at 6:15AM
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 Pinnacle Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial flex condo package includes six contiguous suites totaling 20,000 SF within a single-story cinder block building. Suite sizes range from 2,500 to 5,000 SF, with approximately 80% warehouse area and 20% office space. The property was constructed in 1999 and features a standing seam metal roof covered by a 15-year warranty. Building specifications include 16’–18’ clear heights, 12’ grade-level overhead doors, 6” reinforced concrete floors, full sprinkler coverage, S1-rated fire walls, and 200 amps of three-phase power per unit.
The property includes a fenced exterior storage yard and is located in Vista View Business Park at 1740 Skyway Drive in Longmont, Colorado. Its combination of contiguous industrial suites, office buildout, warehouse capacity, and dedicated outdoor storage provides a consolidated flex-space configuration within the business park.
The property includes a fenced exterior storage yard and is located in Vista View Business Park at 1740 Skyway Drive in Longmont, Colorado. Its combination of contiguous industrial suites, office buildout, warehouse capacity, and dedicated outdoor storage provides a consolidated flex-space configuration within the business park.
Key Highlights
- Six contiguous industrial flex suites totaling 20,000 SF
- Suite sizes range from 2,500 to 5,000 SF
- Approximately 80% warehouse and 20% office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$255,150
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,103,000
$5.1M
Cap Rate 7%
$3,645,000
$3.6M
Cap Rate 9%
$2,835,000
$2.8M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$360.0K $18.00/SF
− Vacancy
−$19.8K −$0.99/SF
EGI
$340.2K $17.01/SF
− OpEx
−$85.1K −$4.25/SF
NOI
$255.2K $12.76/SF
Area
Weld County, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,103,000
Cap Rate 7%
$3,645,000
Cap Rate 9%
$2,835,000
Alternative Uses
Best Use
Office B
$3.64M
$3.19M – $4.25M
NOI $255,150 @ 7.0% cap · market cap 6.50%
Second Best
Warehouse
$3.19M
$2.79M – $3.72M
NOI $223,096 @ 7.0% cap · market cap 5.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Balanced
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
Market
Properties on Market for Flex space in Longmont
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Single-story industrial building combines warehouse and office areas with fenced exterior storage.
Where is this flex space located?
The property is located at 1740 Skyway Drive #1-8 Longmont, CO.
What is the asking price?
The asking price for this property is $3,925,000.
What are key features of this property?
This property features: Six contiguous industrial flex suites totaling 20,000 SF; Suite sizes range from 2,500 to 5,000 SF; Approximately 80% warehouse and 20% office space
