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Flex Space Building with Roll-Up Door
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
Listed By: Chadd Nelson · License #License(s): CO: FA.100073491
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.

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 (±1% cap)
NOI $195,139 @ 7.0% cap · market cap 9.76%
Second Best
Office B
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,106 @ 7.0% cap · market cap 5.91%
Theoretical Best
Multifamily LT 5
$160.35M
$140.30M – $187.07M (±1% cap)
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

Flex space

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby
Balanced
Demand for This Use

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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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
More about this property
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