Office Shop Warehouse
For Sale
$1,600,000
1901 Railroad, Rifle, CO 81650
Office shop/warehouse features 12+ office area, two OH doors, mezzanine storage, and fenced yard with ample off-street parking.
Property Size8,846 SF
Price / SF$180.87
Days on Market259
Property Features for 1901 Railroad
General Information
Standard status
Active
Size
8,846 SF
Property subtype
Industrial
Additional Details
Fenced Yard
Yes
Drive-In Doors
2
Taxes and HOA fees
Annual Taxes
$9,490
Amenities
3
20 Parking Spaces.
185' X 300', 5-9.99
Building Details
Year Built
1965
Listing Agency:
Coldwell Banker Commercial Prime Properties LLC
(970) 244-6602
Listed By:
Michael Foster · License #IA40011873
Source:
Xome
Added: Dec 16, 2025
Changed: Aug 14
Last Checked: Aug 31 at 1:00PM
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, along with shop/warehouse space designed for combined work and storage. The facility includes two overhead (OH) doors and mezzanine storage, with office access to the mezzanine area. A security fenced yard provides additional outdoor space for operations.
The property is described as being located in a high-traffic area in Rifle, Colorado, and is supported by plentiful paved, off-street parking.
Configured as an office-accessible warehouse with dock-ready shop functionality and fenced yard space, the building is suited for users who need both office presence and operational storage within the same facility.
The property is described as being located in a high-traffic area in Rifle, Colorado, and is supported by plentiful paved, off-street parking.
Configured as an office-accessible warehouse with dock-ready shop functionality and fenced yard space, the building is suited for users who need both office presence and operational storage within the same facility.
Key Highlights
- 8,800 SF office shop/warehouse in Rifle, CO, in a high‑traffic area
- Includes a large 12+ office area with reception
- Shop/warehouse has two OH (overhead) doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$88,376
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,767,520
$1.8M
Cap Rate 7%
$1,262,514
$1.3M
Cap Rate 9%
$981,956
$982.0K
Market Conditions
NOI Build-Up for 8,846 SF
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.
Gross rent
$150.7K $17.04/SF
− Vacancy
−$14.8K −$1.67/SF
EGI
$136.0K $15.37/SF
− OpEx
−$47.6K −$5.38/SF
NOI
$88.4K $9.99/SF
Area
Garfield County, CO
Vacancy
9.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,767,520
Cap Rate 7%
$1,262,514
Cap Rate 9%
$981,956
Alternative Uses
Best Use
Flex RnD
$1.26M
$1.10M – $1.47M
NOI $88,376 @ 7.0% cap · market cap 5.52%
Second Best
Warehouse
$888.4K
$777.4K – $1.04M
NOI $62,190 @ 7.0% cap · market cap 3.89%
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
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81650, CO
14,336
Population
5,088
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
85%
High-School Grad
1,022.7 sq mi
ZIP Area
14
Density / Sq Mi
$81,506
Median Household Income
$41,982
Median Earnings
$1,236
Median Rent
$397,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office shop/warehouse features 12+ office area, two OH doors, mezzanine storage, and fenced yard with ample off-street parking.
Where is this flex space located?
The property is located at 1901 Railroad 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 in Rifle, CO, in a high‑traffic area; Includes a large 12+ office area with reception; Shop/warehouse has two OH (overhead) doors
