Condo Warehouse Hangar
3000 Airport Drive Erie, CO 80516
For Sale
Contact for pricing
Condo warehouse hangar unit with two drive-in overhead doors, reception/showroom space, and a mezzanine.
Property Size6,250 SF
Price / SF$240
Days on Market154
Property Features for 3000 Airport Drive
General Information
Standard status
Active
Size
6,250 SF
Property subtype
INDUSTRIAL
Listing Agency:
Dean Callan & Company
(720) 530-0174
Listed By:
Christian Smith · License #COLORADO100054055
(720) 530-0174
Source:
Moodyscre
Added: Feb 25
Changed: Jul 28
Last Checked: Jul 28 at 3:21PM
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 Dean Callan & Company
Investment Insights
Based on property information with market context.
This condo warehouse hangar unit is configured for both aircraft and industrial use, featuring two large drive-in overhead doors with a removable center post for flexible vehicle access. The ground floor includes a reception or showroom area with a modern kitchen and a restroom with shower. A separate mezzanine level provides additional space that can serve multiple operational needs, supported by radiant heating throughout. The interior is fully drywalled and heated for year-round comfort.
The property is located at Erie Municipal Airport at 3000 Airport Drive, Unit 404. It is positioned for convenient regional connectivity with proximity to US-287, I-25, and Northwest Parkway.
For prospective users, the overall layout combines vehicle access, a front-facing reception/showroom component, and an upper mezzanine area, supported by in-unit comfort systems and a flexible drive setup designed for larger equipment.
The property is located at Erie Municipal Airport at 3000 Airport Drive, Unit 404. It is positioned for convenient regional connectivity with proximity to US-287, I-25, and Northwest Parkway.
For prospective users, the overall layout combines vehicle access, a front-facing reception/showroom component, and an upper mezzanine area, supported by in-unit comfort systems and a flexible drive setup designed for larger equipment.
Key Highlights
- 6,250 SF condo warehouse hangar unit at Erie Municipal Airport, 3000 Airport Drive, Unit 404, Erie, CO 80516
- Two massive drive‑in overhead doors, including a removable center post for parking aircraft and loading oversized items
- 1,250 SF ground‑floor reception/showroom area with a modern kitchen and a restroom with shower
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 | $112.5k | $18.00 |
| − Vacancy | −$4.3k | −$0.68 |
| EGI | $108.2k | $17.32 |
| − OpEx | −$16.2k | −$2.60 |
| NOI | $92.0k | $14.72 |
6,250 SF · lease $18.00/SF/yr · vacancy 3.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.31M
$1.15M – $1.53M
NOI $91,991 @ 7.0% cap · market cap 6.13%
Second Best
Flex RnD
$1.12M
$976.8K – $1.30M
NOI $78,146 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,000 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Aviation real estate - Condo warehouse hangar unit with two drive-in overhead doors, reception/showroom space, and a mezzanine.
Where is this aviation real estate located?
The property is located at 3000 Airport Drive Erie, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 6,250 SF condo warehouse hangar unit at Erie Municipal Airport, 3000 Airport Drive, Unit 404, Erie, CO 80516; Two massive drive‑in overhead doors, including a removable center post for parking aircraft and loading oversized items; 1,250 SF ground‑floor reception/showroom area with a modern kitchen and a restroom with shower
