Office/Warehouse Space in Berthoud,
265 Basher Dr, Berthoud, CO 80513
23,831 SF office/warehouse on 1.74 acres near I-25.
Type:Industrial
Property size:
23,831 SFLot size:
1.74 AcresPrice / SF:
$230/SF- Added:
- Feb 23, 2026
- Days on Market:
- 133
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 265 Basher Dr
General Information
- Standard status
- Active
- Size
- 23,831 SF
- Lot size
- 1.74 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2001
Listing office Ironstone
Listing date Feb 23, 2026
Source Crexi
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 Ironstone
HighLights
- 23,831 SF office/warehouse space suitable for various industrial uses.
- Prime location along the I‑25 corridor, providing easy access to Denver and Northern Colorado.
- +/-1.74ac lot with fully improved, fenced (8 ft) and lit yard.
- Located in Colorado's fastest‑growing county, at the center of new housing developments.
- Equidistant to Fort Collins and the Denver Metro Area, less than one minute to I‑25.
- Features include a five‑ton crane, sand/oil separator, two‑story office with full kitchen and bath, and good truck turnaround radius.
Overview
This property offers an owner-user the opportunity to occupy 23,831 square feet of office and warehouse space on approximately 1.74 acres. The building, constructed in 2001, is centrally located along Colorado’s Interstate 25 corridor, providing access to the economies of Denver and Northern Colorado. The property was most recently utilized as a service bay, but can accommodate a variety of industrial uses. It features a fully improved yard that is fenced with an 8-foot tall fence and lit. The location is less than one minute from I-25 and equidistant to Fort Collins and the Denver Metro Area, situated at the epicenter of multiple new housing developments. The property includes a two-story office with a full kitchen and bath, a good turn around radius for trucks, a five-ton crane, and a sand and oil separator.
Local Financial Insights For Office B
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 | $483.3k | $20.28 |
| − Vacancy | −$32.9k | −$1.38 |
| EGI | $450.4k | $18.90 |
| − OpEx | −$112.6k | −$4.73 |
| NOI | $337.8k | $14.18 |
23,831 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.83M
$4.22M – $5.63M
NOI $337,822 @ 7.0% cap · market cap 6.14%
Second Best
Warehouse
$3.67M
$3.21M – $4.28M
NOI $256,608 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$6.40M
$5.60M – $7.46M
NOI $447,764 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Berthoud
- County
- Larimer
- State
- Colorado
- Longitude
- -104.9840386
- Latitude
- 40.3393216
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 23,831 SF office/warehouse on 1.74 acres near I-25.
Where is this flex space located?
The property is located at 265 Basher Dr Berthoud, CO.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 23,831 SF office/warehouse space suitable for various industrial uses.; Prime location along the I‑25 corridor, providing easy access to Denver and Northern Colorado.; +/-1.74ac lot with fully improved, fenced (8 ft) and lit yard.
