Office Shop with Two Overhead
1901 Railroad Avenue Parcel A Rifle, CO 81650
For Sale
$1,600,000
Office shop/warehouse features a large office area and two overhead doors, plus a mezzanine and fenced yard.
Property Size8,846 SF
Price / SF$180.87
Days on Market193
Property Features for 1901 Railroad Avenue Parcel A
General Information
Standard status
Active
Size
8,846 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1965
Listing Agency:
Coldwell Banker Commercial Prime Properties LLC
(970) 244-6602
Listed By:
Michael Foster · License #IA40011873
(970) 244-6602
Source:
Exitrealty
Added: Jan 17
Changed: Jul 20
Last Checked: Jul 20 at 1:45AM
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 Coldwell Banker Commercial Prime Properties LLC
Investment Insights
Based on property information with market context.
This office shop/warehouse offers a large 12+ office area with reception. The shop/warehouse component includes two overhead (OH) doors and mezzanine storage, with office access to the mezzanine. The property also includes a security fenced yard area.
Located on Railroad Avenue in Rifle, Colorado, the building is described as being in a high traffic area. The site provides plentiful paved, off-street parking.
Overall, the layout combines office space with warehouse functionality, including overhead door access and in-building mezzanine storage.
Located on Railroad Avenue in Rifle, Colorado, the building is described as being in a high traffic area. The site provides plentiful paved, off-street parking.
Overall, the layout combines office space with warehouse functionality, including overhead door access and in-building mezzanine storage.
Key Highlights
- 8,800 SF office shop/warehouse built in 1965 in Rifle, Colorado
- Large 12+ office area with reception
- Shop/warehouse includes two overhead (OH) doors
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 | $194.3k | $21.96 |
| − Vacancy | −$27.2k | −$3.07 |
| EGI | $167.1k | $18.89 |
| − OpEx | −$41.8k | −$4.72 |
| NOI | $125.3k | $14.16 |
8,846 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.79M
$1.57M – $2.09M
NOI $125,297 @ 7.0% cap · market cap 7.83%
Second Best
Flex RnD
$1.26M
$1.10M – $1.47M
NOI $88,376 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,166 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Office shop/warehouse features a large office area and two overhead doors, plus a mezzanine and fenced yard.
Where is this flex space located?
The property is located at 1901 Railroad Avenue Parcel A Rifle, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8,800 SF office shop/warehouse built in 1965 in Rifle, Colorado; Large 12+ office area with reception; Shop/warehouse includes two overhead (OH) doors
