Boulder Industrial Warehouse For
1845 Range St, Boulder, CO 80301
15,320 SF industrial warehouse with flexible tenant options.
Type:Industrial
Property size:
15,320 SFPrice / SF:
$176/SF- Added:
- May 20, 2026
- Days on Market:
- 12
- Last Refresh:
- May 20 at 10:15 am
Property Features for 1845 Range St
General Information
- Standard status
- Active
- Size
- 15,320 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1974
Listing agent Clayton Primm License #FA100024161 (303) 328-2075
Listing office Marcus & Millichap - Denver (303) 328-2075
Listing date May 20, 2026
Source Elliman
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 Marcus & Millichap - Denver
HighLights
- Substantial vacancy (82% / 12,625 sq ft) offers immediate income potential.
- High power capacity (9,000 amps of three‑phase power) supports a wide range of industrial uses.
- Seven roll‑up doors facilitate efficient loading and distribution with four loading docks and three drive‑ins.
- Existing tenant provides stable income stream with lease in place until October 2026.
- Recently inspected roof and multiple HVAC units minimize immediate maintenance concerns.
- Excellent bike score (90) provides alternative transportation options for employees.
Overview
Located in Boulder, Colorado, 1845 Range Street is a 15,320-square-foot industrial warehouse constructed in 1974. The building, situated just east of Foothills Parkway and Arapahoe Road, features a masonry-steel hybrid structure with CMU block walls and a steel frame supporting a sloped EPDM rubber membrane roof, which recently passed a City of Boulder inspection. The property includes more than 10 HVAC units on the roof and has undergone significant electrical work, providing 9,000 amps of three-phase power. The warehouse is equipped with seven roll-up doors, including four loading docks and three drive-in doors, and offers 14-foot clear heights. Designed for multi-tenant use, the building contains six bathrooms. Currently, one tenant, Leotele Botanicals (a CBD oil and extract producer), occupies 2,695 square feet (18%) under a lease expiring on October 31, 2026, paying $23.42 per square foot gross. The remaining 12,625 square feet (82%) is vacant and divided into multiple rooms with temporary walls, offering flexibility for repositioning to accommodate single or multiple tenants. The available space is listed for rent at $17 per square foot NNN, with current CAM estimated at $7-9 per square foot. The location has a bike score of 90, indicating it's a biker's paradise, a walk score of 44, indicating car-dependent, and a transit score of 33, indicating some transit options.
Local Financial Insights For Warehouse
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 | $211.4k | $13.80 |
| − Vacancy | −$16.3k | −$1.06 |
| EGI | $195.1k | $12.74 |
| − OpEx | −$29.3k | −$1.91 |
| NOI | $165.9k | $10.83 |
15,320 SF · lease $13.80/SF/yr · vacancy 7.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.37M
$2.07M – $2.76M
NOI $165,866 @ 7.0% cap · market cap 6.14%
Second Best
Industrial
$1.95M
$1.71M – $2.28M
NOI $136,596 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$5.18M
$4.53M – $6.04M
NOI $362,385 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Fluid Market - Truck ...
Car Rental Facility
Leotele
Industrial Manufacturer
Similar Places Nearby
- Arapahoe Storage Units — 5735 Arapahoe Ave, Boulder, CO 80303
- US Storage Centers — 4880 Pearl St, Boulder, CO 80301
- StorQuest Self Storage — 4790 Pearl St, Boulder, CO 80301
- Extra Space Storage — 5815 Arapahoe Ave, Boulder, CO 80303
- Boulder Storage Center — 4775 Sterling Dr, Boulder, CO 80301
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.2307705
- Latitude
- 40.0185323
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 15,320 SF industrial warehouse with flexible tenant options.
Where is this warehouse located?
The property is located at 1845 Range St Boulder, CO.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Substantial vacancy (82% / 12,625 sq ft) offers immediate income potential.; High power capacity (9,000 amps of three‑phase power) supports a wide range of industrial uses.; Seven roll‑up doors facilitate efficient loading and distribution with four loading docks and three drive‑ins.
