Industrial Warehouse Units with Roll-Up
2670 Copper Ridge Circle #15 & 16 Steamboat Springs, CO 80487
2670 Copper Ridge Circle #15 & 16, Steamboat Springs, CO, 80487
$849,000
For Sale
$849,000
Two clean warehouse units with multiple overhead and service doors, ready for light industrial use in an association setting.
Property Size1,947 SF
Price / SF$436.06
Days on Market39
Property Features for 2670 Copper Ridge Circle #15 & 16
General Information
- Standard status
- Active
- Size
- 1,947 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing Agency
THE GROUP REAL ESTATE, LLC
(970) 870-8800
Listed by
RONALD WENDLER · License #40000783
Source
Corcoran
Added: Jun 10 Checked: Jul 17 at 3:41 am
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 THE GROUP REAL ESTATE, LLC
Investment Insights
Based on property information with market context.
This offering includes two warehouse units being sold together within a clean, well-managed association. The combined property provides concrete construction and high ceilings with substantial lighting. Each unit includes overhead garage doors measuring 12' x 14', along with service man doors. Recent improvements include two new heaters, new paint, and framing already in place for a new bathroom and a shop closet. Heating is provided by natural gas overhead forced air, and floor drains support shop cleaning.
The units are located in the Copper Ridge Business Park, just off Copper Ridge Circle. The unit placement includes a rear-of-building configuration while maintaining signage at the front of the building. An ample open parking area is provided for customer or tenant use, with sufficient room for delivery trucks, and parking is also available in front of the units.
Designed for industrial operations, the configuration supports day-to-day warehouse and light shop activity with multiple access points and floor drains. The combination of overhead and service doors, along with the in-place framing for restrooms and storage, can help reduce near-term tenant buildout needs for compatible users. Industrial zoning further supports flexibility for appropriate industrial uses within the business park setting.
The units are located in the Copper Ridge Business Park, just off Copper Ridge Circle. The unit placement includes a rear-of-building configuration while maintaining signage at the front of the building. An ample open parking area is provided for customer or tenant use, with sufficient room for delivery trucks, and parking is also available in front of the units.
Designed for industrial operations, the configuration supports day-to-day warehouse and light shop activity with multiple access points and floor drains. The combination of overhead and service doors, along with the in-place framing for restrooms and storage, can help reduce near-term tenant buildout needs for compatible users. Industrial zoning further supports flexibility for appropriate industrial uses within the business park setting.
Key Highlights
- Two warehouse units sold together in a clean, well‑managed association, built in 2004
- Unit has 2 garage doors (12' x 14'), plus 2 service man doors, with rear positioning of the unit in the building
- Includes 2 new heaters, natural gas overhead forced‑air heat, and high ceilings with extensive lighting
Local Financial Insights For Warehouse
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 | $68.2k | $35.04 |
| − Vacancy | −$4.1k | −$2.10 |
| EGI | $64.1k | $32.94 |
| − OpEx | −$9.6k | −$4.94 |
| NOI | $54.5k | $28.00 |
1,947 SF · lease $35.04/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$778.7K
$681.4K – $908.5K
NOI $54,510 @ 7.0% cap · market cap 6.42%
Second Best
Industrial
$180.7K
$158.1K – $210.9K
NOI $12,651 @ 7.0% cap · market cap 1.49%
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
Warehouses
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FAQs
What type of property is this?
Warehouse - Two clean warehouse units with multiple overhead and service doors, ready for light industrial use in an association setting.
Where is this warehouse located?
The property is located at 2670 Copper Ridge Circle #15 & 16 Steamboat Springs, CO.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two warehouse units sold together in a clean, well‑managed association, built in 2004; Unit has 2 garage doors (12' x 14'), plus 2 service man doors, with rear positioning of the unit in the building; Includes 2 new heaters, natural gas overhead forced‑air heat, and high ceilings with extensive lighting
