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Flex Space with Warehouse
For Sale
$1,850,000

208209-365 Warren Ave, Silverthorne, CO

Commercially zoned property combining warehouse capacity, office space, and two oversized garage doors.

Property Size4,635 SF
Price / SF$399.14
Days on Market49

Property Features for 208209-365 Warren Ave

General Information

Standard status Active
Size 4,635 SF

Warehouse & Industrial

Warehouse Space 3,372 SF
Office Build-Out 1,263 SF

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $12,582

Building Details

Building Size 4,635 SF
Listing Agency: Omni Real Estate
Listed By: Anne Marie Ohly · License #ER326911
Source: Exprealty
Added: Aug 27 Changed: Oct 6 Last Checked: Oct 12 at 11:14PM

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 Omni Real Estate

Investment Insights

Based on property information with market context.

This Silverthorne flex property contains approximately 4,635 SF arranged for warehouse, office, and adaptable work functions. Approximately 3,372 SF is dedicated to warehouse use, while approximately 1,263 SF provides office and flex space for administrative, showroom, customer-facing, or supplementary workspace. Two oversized commercial garage doors support vehicle, equipment, inventory, and material access, and the property includes a half bathroom.

Located at 208209-365 Warren Ave, the property offers access to I-70 and the communities of Silverthorne, Dillon, Frisco, and Breckenridge. Commercial zoning provides flexibility for a range of business uses. The configuration can accommodate an owner-user headquarters or other operations requiring a combination of enclosed warehouse and office areas.

Key Highlights

  • Approximately 4,635 SF of total commercial space
  • Approximately 3,372 SF of warehouse area
  • Approximately 1,263 SF of office/flex space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,007
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,560,140 $1.6M
Cap Rate 7%
$1,114,386 $1.1M
Cap Rate 9%
$866,744 $866.7K
Market Conditions
NOI Build-Up for 4,635 SF
Gross rent
$122.4K $26.40/SF
− Vacancy
−$18.4K −$3.96/SF
EGI
$104.0K $22.44/SF
− OpEx
−$26.0K −$5.61/SF
NOI
$78.0K $16.83/SF
Area
Summit County, CO
Vacancy
15.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,560,140
Cap Rate 7%
$1,114,386
Cap Rate 9%
$866,744

Alternative Uses

Best Use
Warehouse
$92.25M
$80.72M – $107.63M (±1% cap)
NOI $6,457,784 @ 7.0% cap · market cap 349.07%
Second Best
Industrial
$75.97M
$66.48M – $88.64M (±1% cap)
NOI $5,318,175 @ 7.0% cap · market cap 287.47%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Furniture & Home Goods Catering Service Parking Lot & Garage Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

668
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • All Events & Catering — Silverthorne, CO 80497

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned property combining warehouse capacity, office space, and two oversized garage doors.
Where is this flex space located?
The property is located at 208209-365 Warren Ave Silverthorne, CO.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Approximately 4,635 SF of total commercial space; Approximately 3,372 SF of warehouse area; Approximately 1,263 SF of office/flex space
More about this property
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