Flex Property with Crane-Equipped
For Sale
$1,800,000
2180 I-70 Frontage, De Beque, CO 81630
Office and shop areas are arranged across front and rear buildings.
Property Size14,000 SF
Price / SF$128.57
Days on Market10
Property Features for 2180 I-70 Frontage
General Information
Standard status
Active
Size
14,000 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
10,800 SF
Office Build-Out
3,200 SF
Taxes and HOA fees
Annual Taxes
$16,632
Amenities
3
Irregular, 2-4.99
Building Details
Year Built
2007
Buildings
2
Listing Agency:
Coldwell Banker Commercial Prime Properties LLC
(970) 244-6602
Listed By:
Michael Foster · License #IA40011873
Source:
Xome
Added: Aug 22
Changed: Aug 30
Last Checked: Aug 30 at 1:46PM
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.
Built in 2007, this flex property combines office space with substantial shop improvements across front and rear buildings. The front structure includes 3,200 SF of office area and a 2,400 SF two-bay shop equipped with a 5-ton bridge crane. A separate 8,400 SF rear building provides additional shop space, including a 5-ton crane in the paint bay and a 7-ton crane serving the balance of the building.
The property totals 14,000 SF and is positioned along I-70 Frontage near De Beque, at the I-70 Exit 62 area. It is also next to construction of a new TA Truck Stop.
The property totals 14,000 SF and is positioned along I-70 Frontage near De Beque, at the I-70 Exit 62 area. It is also next to construction of a new TA Truck Stop.
Key Highlights
- 14,000 SF flex property with office and shop components
- 3,200 SF of office space in the front building
- 2,400 SF two‑bay shop with a 5‑ton bridge crane
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
$146,069
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
8.11%
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%
$2,921,380
$2.9M
Cap Rate 7%
$2,086,700
$2.1M
Cap Rate 9%
$1,622,989
$1.6M
Market Conditions
NOI Build-Up for 14,000 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
$243.6K $17.40/SF
− Vacancy
−$18.9K −$1.35/SF
EGI
$224.7K $16.05/SF
− OpEx
−$78.7K −$5.62/SF
NOI
$146.1K $10.43/SF
Area
Mesa County, CO
Vacancy
7.75%
Lease Rate
$17.40 /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%
$2,921,380
Cap Rate 7%
$2,086,700
Cap Rate 9%
$1,622,989
Alternative Uses
Best Use
Flex RnD
$2.09M
$1.83M – $2.43M
NOI $146,069 @ 7.0% cap · market cap 8.11%
Second Best
Office B
$1.89M
$1.65M – $2.21M
NOI $132,300 @ 7.0% cap · market cap 7.35%
Theoretical Best
Healthcare Medical
$26.57M
$23.25M – $31.00M
NOI $1,859,760 @ 7.0% cap · market cap 103.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81630, CO
1,019
Population
437
Households
2.3
Avg Household Size
42
Median Age
19%
College-Educated
91%
High-School Grad
1,256.6 sq mi
ZIP Area
1
Density / Sq Mi
$72,344
Median Household Income
$43,750
Median Earnings
$1,275
Median Rent
$276,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office and shop areas are arranged across front and rear buildings.
Where is this flex space located?
The property is located at 2180 I-70 Frontage De Beque, CO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 14,000 SF flex property with office and shop components; 3,200 SF of office space in the front building; 2,400 SF two‑bay shop with a 5‑ton bridge crane
