End-Unit Flex Space with
For Sale
$300,000
1925 Deer Creek Road B101, Monument, CO 80132
Industrial condo with three-phase power, LED lighting, and an oversized overhead door.
Property Size998 SF
Price / SF$300.60
Days on Market22
Property Features for 1925 Deer Creek Road B101
General Information
Standard status
Active
Size
998 SF
Property subtype
Commercial/Industrial
Additional Details
Highway Access
Yes
Three-Phase Power
Yes
Building Details
Year Built
2019
Construction
insulated masonry
Listing Agency:
Keller Williams Clients Choice Realty
(719) 535-0355
Listed By:
Melissa Wells
(719) 321-6278
Source:
Exitrealty
Added: Aug 15
Changed: Sep 4
Last Checked: Sep 4 at 2:37PM
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 Keller Williams Clients Choice Realty
Investment Insights
Based on property information with market context.
This end-unit flex space is an industrial condominium measuring 998 SF, built in 2019 with insulated masonry construction. The interior includes a completed mezzanine, LED lighting, and epoxy flooring, while 3-phase power supports a range of business operations. A 14' x 14' overhead door provides functional access for equipment, inventory, workshop, or warehouse use.
The property is located in Monument, Colorado, with access to the I-25 corridor. The configuration is suited to small-business operations, private storage, equipment handling, and other uses identified for the space.
The property is located in Monument, Colorado, with access to the I-25 corridor. The configuration is suited to small-business operations, private storage, equipment handling, and other uses identified for the space.
Key Highlights
- 998 SF end‑unit industrial condo
- Completed mezzanine with epoxy flooring
- 3‑phase power and LED lighting
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
$9,391
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
3.13%
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%
$187,820
$187.8K
Cap Rate 7%
$134,157
$134.2K
Cap Rate 9%
$104,344
$104.3K
Market Conditions
NOI Build-Up for 998 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
$11.6K $11.58/SF
− Vacancy
−$509 −$0.51/SF
EGI
$11.0K $11.07/SF
− OpEx
−$1.7K −$1.66/SF
NOI
$9.4K $9.41/SF
Area
El Paso County, CO
Vacancy
4.40%
Lease Rate
$11.58 /SF/Yr
Expense Ratio
15.00%
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%
$187,820
Cap Rate 7%
$134,157
Cap Rate 9%
$104,344
Alternative Uses
Best Use
Warehouse
$134.2K
$117.4K – $156.5K
NOI $9,391 @ 7.0% cap · market cap 3.13%
Second Best
Flex RnD
$102.6K
$89.8K – $119.7K
NOI $7,181 @ 7.0% cap · market cap 2.39%
Theoretical Best
Multifamily LT 5
$13.31M
$11.64M – $15.53M
NOI $931,563 @ 7.0% cap · market cap 310.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80132, CO
27,533
Population
10,413
Households
2.6
Avg Household Size
44
Median Age
58%
College-Educated
98%
High-School Grad
39.9 sq mi
ZIP Area
690
Density / Sq Mi
$155,176
Median Household Income
$62,826
Median Earnings
$2,134
Median Rent
$700,900
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 - Industrial condo with three-phase power, LED lighting, and an oversized overhead door.
Where is this flex space located?
The property is located at 1925 Deer Creek Road B101 Monument, CO.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 998 SF end‑unit industrial condo; Completed mezzanine with epoxy flooring; 3‑phase power and LED lighting
