Silverthorne Warehouse Condo For
220 Buffalo Mountain Drive #207 A Silverthorne, CO 80498
220 Buffalo Mountain Drive #207 A, Silverthorne, CO, 80498
$385,000
For Sale
$385,000
Versatile warehouse condo near I-70, ideal for various uses.
Property Size1,300 SF
Price / SF$296.15
Days on Market186
Property Features for 220 Buffalo Mountain Drive #207 A
General Information
- Standard status
- Active
- Size
- 1,300 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing agency
PAFFRATH & THOMAS R.E.S.C
(970) 453-0466
Listed by
TODD JOHNSON · License #FA40026516
Source
Corcoran
Added: Jan 17 Updated: Jul 6 at 9:54AM Checked: Jul 21 at 4:54AM
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 PAFFRATH & THOMAS R.E.S.C
Investment Insights
Based on property information with market context.
This warehouse condo offers a versatile space suitable for business or personal storage. Located off I-70 in Silverthorne, the Blue River Warehouse condos provide accessibility and convenience. The unit features over 1300 square feet of floor space, a modular mezzanine, and a 14-foot garage door with an opener. It is equipped with electrical capabilities, 20-foot ceilings, full insulation, and gas heating for year-round use. Potential uses include warehousing, distribution, light shop work, and general storage for large RVs or equipment. Common bathrooms are available in the complex, and exterior parking is provided in front of the unit. The sale covers the improvements and is subject to a 99-year ground lease expiring on 12/31/2103. The combined ground lease, HOA fees, and utilities amount to just over $1000 per month. The unit does not have running water or a bathroom. Exterior signage or advertising is not permitted. Natural light enters through the garage door windows and large rear windows. The interior can accommodate a vehicle up to 45 feet long.
Key Highlights
- Over 1300 sq ft of versatile space suitable for business or personal storage.
- Convenient location in Silverthorne, just off I‑70, offering excellent accessibility.
- 20‑foot ceilings and a 14‑foot garage door with opener accommodate large vehicles and equipment (up to 45' long).
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.1k | $27.00 |
| − Vacancy | −$4.0k | −$3.08 |
| EGI | $31.1k | $23.92 |
| − OpEx | −$10.9k | −$8.37 |
| NOI | $20.2k | $15.55 |
1,300 SF · lease $27.00/SF/yr · vacancy 11.40% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$25.87M
$22.64M – $30.19M
NOI $1,811,245 @ 7.0% cap · market cap 470.45%
Second Best
Industrial
$21.31M
$18.65M – $24.86M
NOI $1,491,613 @ 7.0% cap · market cap 387.43%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Versatile warehouse condo near I-70, ideal for various uses.
Where is this warehouse located?
The property is located at 220 Buffalo Mountain Drive #207 A Silverthorne, CO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Over 1300 sq ft of versatile space suitable for business or personal storage.; Convenient location in Silverthorne, just off I‑70, offering excellent accessibility.; **20‑foot ceilings and a 14‑foot garage door with opener accommodate large vehicles and equipment (up to 45' long).**
