Leased Industrial
266 Basher Dr, Berthoud, CO 80513
For Sale
$375,000
Under Contract
Commercial Sale, Berthoud, CO
Property Size1,953 SF
Lot Size0.04 Acres
Price / SF$192.01
Days on Market39
Property Features for 266 Basher Dr
General Information
Property type
Property subtype
Zoning
Subdivision
Lot features
Elementary school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Listing Agency:
Group Harmony
(970) 229-0700
Listed By:
Rhett Strom · License CO IREP22798
(970) 692-4454
Added: Oct 6
Changed: Nov 11
Last Checked: Nov 13 at 7:06PM
MLS# 1070111
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,953-square-foot industrial condominium was built in 2005 and occupies a 0.04-acre parcel. Construction includes frame, brick, and metal siding, with forced-air heat, central air conditioning, public water, and a tar-and-gravel roof. The property is zoned Industrial.
The unit is currently leased through November 30, 2028. Its industrial condominium format and in-place tenancy are the defining features of the offering.
The unit is currently leased through November 30, 2028. Its industrial condominium format and in-place tenancy are the defining features of the offering.
Key Highlights
- 1,953 SF industrial condominium
- Leased through 11/30/28
- 0.04‑acre parcel with Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,318
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,360
$346.4K
Cap Rate 7%
$247,400
$247.4K
Cap Rate 9%
$192,422
$192.4K
Market Conditions
NOI Build-Up for 1,953 SF
Gross rent
$27.1K $13.86/SF
− Vacancy
−$2.3K −$1.19/SF
EGI
$24.7K $12.67/SF
− OpEx
−$7.4K −$3.80/SF
NOI
$17.3K $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%
$346,360
Cap Rate 7%
$247,400
Cap Rate 9%
$192,422
Alternative Uses
Best Use
Industrial
$247.4K
$216.5K – $288.6K
NOI $17,318 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$524.2K
$458.7K – $611.6K
NOI $36,695 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
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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
$558,100
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Larimer County, CO
Properties on Market for Industrial properties in Larimer County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - The existing tenancy runs through November 30, 2028, with industrial zoning.
Where is this industrial property located?
The property is located at 266 Basher Dr Berthoud, CO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,953 SF industrial condominium; Leased through 11/30/28; 0.04‑acre parcel with Industrial zoning
