Warehouse with Overhead
For Sale
Contact for pricing
1945 Deer Creek Rd, Monument, CO 80132
Insulated masonry warehouse featuring a completed mezzanine and epoxy-finished floor.
Property Size903 SF
Price / SF$331.12
Days on Market100
Property Features for 1945 Deer Creek Rd
General Information
Standard status
Active
Size
903 SF
Property subtype
INDUSTRIAL
Building Details
Construction
insulated masonry
Listing Agency:
David Commercial Real Estate/KW Premier Realty
Listed By:
Caleb David (he/him/his)
(719) 425-7139
Source:
Moodyscre
Added: Jun 15
Changed: Sep 8
Last Checked: Sep 22 at 6:59PM
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 David Commercial Real Estate/KW Premier Realty
Investment Insights
Based on property information with market context.
This insulated masonry warehouse includes a completed mezzanine and epoxy finished floor for clean, durable interior space. LED lighting throughout supports efficient day-to-day use.
The property is equipped with 3-phase electrical power. A 14’ × 14’ overhead door provides straightforward loading access, supporting a variety of warehouse and light distribution needs.
With 903 SF of space, the layout is compact and suited for tenant operations that benefit from an efficient, functional footprint.
The property is equipped with 3-phase electrical power. A 14’ × 14’ overhead door provides straightforward loading access, supporting a variety of warehouse and light distribution needs.
With 903 SF of space, the layout is compact and suited for tenant operations that benefit from an efficient, functional footprint.
Key Highlights
- Insulated masonry construction
- Completed mezzanine
- LED lighting throughout
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
$8,497
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
2.84%
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%
$169,940
$169.9K
Cap Rate 7%
$121,386
$121.4K
Cap Rate 9%
$94,411
$94.4K
Market Conditions
NOI Build-Up for 903 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
$10.5K $11.58/SF
− Vacancy
−$460 −$0.51/SF
EGI
$10.0K $11.07/SF
− OpEx
−$1.5K −$1.66/SF
NOI
$8.5K $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%
$169,940
Cap Rate 7%
$121,386
Cap Rate 9%
$94,411
Alternative Uses
Best Use
Warehouse
$121.4K
$106.2K – $141.6K
NOI $8,497 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$12.04M
$10.54M – $14.05M
NOI $842,887 @ 7.0% cap · market cap 281.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Well-served
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Palmer Lake Self Storage — 707 Circle Rd, Palmer Lake, CO 80133
- All Outside Storage — 835 Washington St, Monument, CO 80132
- SecurCare Self Storage — 1895 Deer Creek Rd, Monument, CO 80132
- Giant Storage - Monument Colorado — 18910 Base Camp Rd, Monument, CO 80132
- S & S Storage — 19275 Beacon Lite Rd, Monument, CO 80132
Frequently Asked Questions
What type of property is this?
Warehouse - Insulated masonry warehouse featuring a completed mezzanine and epoxy-finished floor.
Where is this warehouse located?
The property is located at 1945 Deer Creek Rd Monument, CO.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Insulated masonry construction; Completed mezzanine; LED lighting throughout
