For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Boulder Leased Single-Story Building Title is generated by Realmo AI

    1835 Range St, Boulder, CO 80301

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Leased single-story building in Boulder's aerospace sector.

    Type:Industrial, Office
    Property size:
    14,350 SF
    Price / SF:
    $226/SF
    Added:
    Mar 2, 2024
    Days on Market:
    830
    Last Refresh:
    May 12 at 8:26 pm

    Property Features for 1835 Range St

    General Information

    Standard status
    Active
    Size
    14,350 SF
    Property subtype
    Industrial, Office

    Building Details

    Year Built
    1960

    We can help!

    Listing Contact
    Jay Cahan

    Listing agent Jay Cahan License #CA 01907186

    Listing office HC&M Commercial Properties Inc

    Listing date Mar 2, 2024

    Source Crexi

    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 HC&M Commercial Properties Inc

    HighLights

    • 100% leased: Provides immediate income stream for the buyer.
    • Boulder aerospace sector location: Situated in a high‑demand, economically strong area.
    • Limited supply submarket: Offers potential for increased property value due to scarcity.
    • Recent upgrades: Reduces potential maintenance costs and enhances tenant appeal.
    • Single‑story concrete block building: Durable construction and potentially lower operating costs.
    • Year built 1960: Indicates a well‑established property.

    Overview

    This 100% leased single-story concrete block building is located in Boulder’s thriving aerospace sector. The property, with a size of 14350 square feet, has undergone many recent upgrades and is situated in an extremely limited supply submarket. The property can be classified as flex space, an industrial property, an office building, an office property and space, a warehouse, and commercial real estate.

    Local Financial Insights For Office B

    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 $378.8k $26.40
    − Vacancy −$109.9k −$7.66
    EGI $269.0k $18.74
    − OpEx −$67.2k −$4.69
    NOI $201.7k $14.06
    14,350 SF · lease $26.40/SF/yr · vacancy 29.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.88M
    $2.52M – $3.36M (±1% cap)
    NOI $201,732 @ 7.0% cap · market cap 6.21%
    Second Best
    Warehouse
    $2.22M
    $1.94M – $2.59M (±1% cap)
    NOI $155,364 @ 7.0% cap · market cap 4.78%
    Theoretical Best
    Office A
    $4.85M
    $4.24M – $5.66M (±1% cap)
    NOI $339,441 @ 7.0% cap · market cap 10.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store

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

    Similar Places Nearby

    • The Wheel & Whisk Catering and Food Truck — 5706 arapahoe ave, boulder, co 80303
    • Big Daddy's Texas BBQ — 2100 Central Ave, Boulder, CO 80301
    • Fig and Floret — 2995 55th St #17122, Boulder, CO 80308
    • La Rue Bayou — 4920 Pearl St, Boulder, CO 80301

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.2307269
    Latitude
    40.0180531

    FAQs

    What type of property is this?
    Flex space - Leased single-story building in Boulder's aerospace sector.
    Where is this flex space located?
    The property is located at 1835 Range St Boulder, CO.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: 100% leased: Provides immediate income stream for the buyer.; Boulder aerospace sector location: Situated in a high‑demand, economically strong area.; Limited supply submarket: Offers potential for increased property value due to scarcity.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message