Office/Warehouse Space in Berthoud,
For Sale
Contact for pricing
265 Basher Dr, Berthoud, CO 80513
23,831 SF office/warehouse on 1.74 acres near I-25.
Property Size23,831 SF
Lot Size1.74 Acres
Price / SF$209.60
Days on Market226
Property Features for 265 Basher Dr
General Information
Standard status
Active
Size
23,831 SF
Lot size
1.74 Acres
Property subtype
Industrial
Investment Type
Owner/User
Building Details
Year Built
2001
Stories
2
Units
1
Listing Agency:
Ironstone
Listed By:
Marshal Riggs · License #100108701
Source:
Crexi
Added: Feb 23
Changed: Oct 6
Last Checked: Oct 7 at 9:40AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$211,324
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,226,480
$4.2M
Cap Rate 7%
$3,018,914
$3.0M
Cap Rate 9%
$2,348,044
$2.3M
Market Conditions
NOI Build-Up for 23,831 SF
Gross rent
$330.3K $13.86/SF
− Vacancy
−$28.4K −$1.19/SF
EGI
$301.9K $12.67/SF
− OpEx
−$90.6K −$3.80/SF
NOI
$211.3K $8.87/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,226,480
Cap Rate 7%
$3,018,914
Cap Rate 9%
$2,348,044
Alternative Uses
Best Use
Industrial
$3.02M
$2.64M – $3.52M
NOI $211,324 @ 7.0% cap · market cap 4.23%
Second Best
Flex RnD
$2.80M
$2.45M – $3.27M
NOI $196,230 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$6.40M
$5.60M – $7.46M
NOI $447,764 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80513, CO
15,824
Population
6,563
Households
2.4
Avg Household Size
42
Median Age
44%
College-Educated
97%
High-School Grad
71.4 sq mi
ZIP Area
222
Density / Sq Mi
$117,024
Median Household Income
$53,161
Median Earnings
$1,709
Median Rent
$558,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
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 $4,995,000.
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.
