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Multi-Tenant Industrial Warehouse

1845 Range Street Boulder, CO 80301

1845 Range Street, Boulder, CO, 80301
$2,700,000
For Sale
Claim this Listing
$2,700,000

Masonry-steel warehouse with seven roll-up doors, 14-foot clear height, and large three-phase power capacity.

Property Size15,320 SF
Price / SF$176.24
AddedMay 20
Days on Market57
Last RefreshJul 12 at 1:56 am

Property Features for 1845 Range Street

General Information

Standard status
Active
Size
15,320 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1974

Listing office Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Listing date May 20, 2026

Source Exitrealty

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 Real Estate Investment Services of Atlanta, Inc.


Investment Insights

Based on property information with market context.

This masonry-steel hybrid industrial warehouse was built in 1974 and recently passed the City of Boulder inspection process. The facility features CMU block walls and a steel frame supporting a sloped EPDM rubber membrane roof with more than 10 HVAC units. Electrical capacity totals 9,000 amps of three-phase power, and the building includes six bathrooms and multiple configured spaces within the currently occupied and vacant portions. With 14-foot clear heights and seven roll-up doors (four loading docks and three drive-ins), the layout supports efficient loading and distribution.

The property is located in Boulder, Colorado, just east of Foothills Parkway and Arapahoe Road. It is currently operating as a multi-tenant building: one tenant occupies 2,695 square feet and the remaining 12,625 square feet is vacant and available. The vacant area is divided into multiple rooms with temporary walls and can be repositioned to accommodate multiple tenants or a single tenant.

Leotele Botanicals, producing CBD oils and extracts, has occupied the space since 2017, with a lease expiration on October 31, 2026. The available space is listed for rent at $17 per square foot NNN, with CAM estimated at $7–9 per square foot.

Key Highlights

  • 15,320 SF industrial warehouse built in 1974 in Boulder, CO, masonry‑steel hybrid with CMU block wall and steel frame
  • Roof supports 10+ HVAC units and the building has 9,000 amps of three‑phase electrical power
  • Seven roll‑up doors total: four loading docks and three drive‑ins, with 14‑foot clear heights

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 (±1% cap)
NOI $165,866 @ 7.0% cap · market cap 6.14%
Second Best
Industrial
$1.95M
$1.71M – $2.28M (±1% cap)
NOI $136,596 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$5.18M
$4.53M – $6.04M (±1% cap)
NOI $362,385 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Fluid Market - Truck ... Car Rental Facility Leotele Industrial Manufacturer

Suggested Use

Parking Lot & Garage HVAC Service Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store Pet Store Home Appliance Store Florist

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

Similar Off Market 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

FAQs

What type of property is this?
Warehouse - Masonry-steel warehouse with seven roll-up doors, 14-foot clear height, and large three-phase power capacity.
Where is this warehouse located?
The property is located at 1845 Range Street 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: 15,320 SF industrial warehouse built in 1974 in Boulder, CO, masonry‑steel hybrid with CMU block wall and steel frame; Roof supports 10+ HVAC units and the building has 9,000 amps of three‑phase electrical power; Seven roll‑up doors total: four loading docks and three drive‑ins, with 14‑foot clear heights
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