Flex Space Building with Roll-Up
New
For Sale
$1,999,000
3025 W Hampden Ave, Sheridan, CO 80110
Flex space on a three-parcel lot with fenced outdoor storage and lower-level roll-up door access.
Property Size10,800 SF
Lot Size0.74 Acres
Price / SF$185.09
Days on Market2
Property Features for 3025 W Hampden Ave
General Information
Standard status
Active
Size
10,800 SF
Lot size
0.74 Acres
Property subtype
Office Vacant-User
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
1
Amenities
meeting room
break room
training rooms
- 10,800 Square Feet on Two Levels - 0.74 Acres on Three Parcels
- Fenced Outdoor Storage - Sheridan Commercial C Zoning Permitting a Wide Variety of Uses - Newer Roof Membrane - Brick Construction - Built in 1982
- Current Layout Includes: o 4 Offices o Large Meeting/Training Room o Breakroom o Conference Room o Lower Level includes 4 Classrooms
Building Details
Building Size
10,800 SF
Year Built
1982
Buildings
1
Stories
2
Listing Agency:
Marcus & Millichap - Denver
(303) 328-2056
Listed By:
Chadd Nelson · License #License(s): CO: FA.100073491
(303) 328-2056
Source:
Marcusmillichap
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 6:53AM
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 Marcus & Millichap - Denver
Investment Insights
Based on property information with market context.
3025 W Hampden Ave is a flex space building on a three-parcel .74-acre lot, with fenced outdoor storage. The property includes 10,800 total square feet over two levels (5,400 square feet per level). The current interior configuration includes a large meeting room, a break room, and four training rooms on the lower level, with minimal office buildout elsewhere.
A key feature for operations is the lower level’s roll-up access door, which can support a reconfiguration into garage space. The building was constructed in 1982.
The layout is well suited for users looking for a flexible indoor workspace that can be adapted for office, training, and related uses while maintaining practical access for storage or light service needs.
A key feature for operations is the lower level’s roll-up access door, which can support a reconfiguration into garage space. The building was constructed in 1982.
The layout is well suited for users looking for a flexible indoor workspace that can be adapted for office, training, and related uses while maintaining practical access for storage or light service needs.
Key Highlights
- .74‑acre, three‑parcel lot with fenced outdoor storage
- 10,800 total square feet across two levels
- Lower level includes roll‑up access door and can be reconfigured into garage space
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 | $191.8k | $17.76 |
| − Vacancy | −$34.3k | −$3.18 |
| EGI | $157.5k | $14.58 |
| − OpEx | −$39.4k | −$3.65 |
| NOI | $118.1k | $10.94 |
10,800 SF · lease $17.76/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Retail
$2.79M
$2.44M – $3.25M
NOI $195,139 @ 7.0% cap · market cap 9.76%
Second Best
Office B
$1.69M
$1.48M – $1.97M
NOI $118,106 @ 7.0% cap · market cap 5.91%
Theoretical Best
Multifamily LT 5
$160.35M
$140.30M – $187.07M
NOI $11,224,185 @ 7.0% cap · market cap 561.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
821
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80110, CO
23,279
Population
10,804
Households
2.2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
3,637
Density / Sq Mi
$82,037
Median Household Income
$50,406
Median Earnings
$1,582
Median Rent
$455,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Gourmet For Good Corporate Catering — 3255 W Hampden Ave, Sheridan, CO 80110
- HipPOPs handcrafted gelato bars — 3119 W Hampden Ave, Englewood, CO 80110
Frequently Asked Questions
What type of property is this?
Flex space - Flex space on a three-parcel lot with fenced outdoor storage and lower-level roll-up door access.
Where is this flex space located?
The property is located at 3025 W Hampden Ave Sheridan, CO.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: .74‑acre, three‑parcel lot with fenced outdoor storage; 10,800 total square feet across two levels; Lower level includes roll‑up access door and can be reconfigured into garage space