Freestanding Flex
For Sale
Contact for pricing
3090 Sterling Cir, Boulder, CO 80301
Single-tenant building in a fully developed industrial park with nearby recreational amenities and bikeway access.
Property Size11,147 SF
Price / SF$295.60
Days on Market105
Property Features for 3090 Sterling Cir
General Information
Standard status
Active
Size
11,147 SF
Property subtype
INDUSTRIAL
Building Details
Tenancy
Single
Listing Agency:
The Colorado Group, Inc.
(303) 449-2131
Listed By:
Audrey Berne · License #EA.001026675
(303) 641-6707
Source:
Moodyscre
Added: Jun 5
Changed: Sep 2
Last Checked: Sep 16 at 7:58PM
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 Colorado Group, Inc.
Investment Insights
Based on property information with market context.
This freestanding flex building contains 11,147 square feet and is configured for a single tenant. The well-maintained property offers a professional setting within the fully developed Valmont Industrial Park, with a quiet, park-like environment and professional management.
The property is located in north central Boulder, with a bike park and disc golf park less than half a mile away. Occupants also benefit from access to the bikeway system and major Boulder thoroughfares. The building is locally owned and professionally managed.
The property is located in north central Boulder, with a bike park and disc golf park less than half a mile away. Occupants also benefit from access to the bikeway system and major Boulder thoroughfares. The building is locally owned and professionally managed.
Key Highlights
- 11,147‑square‑foot freestanding flex building
- Single‑tenant configuration
- Located in the fully developed Valmont Industrial Park
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$105,118
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,102,360
$2.1M
Cap Rate 7%
$1,501,686
$1.5M
Cap Rate 9%
$1,167,978
$1.2M
Market Conditions
NOI Build-Up for 11,147 SF
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.
Gross rent
$173.9K $15.60/SF
− Vacancy
−$12.2K −$1.09/SF
EGI
$161.7K $14.51/SF
− OpEx
−$56.6K −$5.08/SF
NOI
$105.1K $9.43/SF
Area
Boulder, CO
Vacancy
7.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,102,360
Cap Rate 7%
$1,501,686
Cap Rate 9%
$1,167,978
Alternative Uses
Best Use
Flex RnD
$1.50M
$1.31M – $1.75M
NOI $105,118 @ 7.0% cap · market cap 3.19%
Second Best
Industrial
$1.42M
$1.24M – $1.66M
NOI $99,389 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$3.77M
$3.30M – $4.39M
NOI $263,676 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80301, CO
25,944
Population
12,644
Households
2.1
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
28.6 sq mi
ZIP Area
907
Density / Sq Mi
$92,974
Median Household Income
$52,325
Median Earnings
$1,999
Median Rent
$761,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Big Daddy's Texas BBQ — 2100 Central Ave, Boulder, CO 80301
- La Rue Bayou — 4920 Pearl St, Boulder, CO 80301
- Fig and Floret — 2995 55th St #17122, Boulder, CO 80308
Frequently Asked Questions
What type of property is this?
Flex space - Single-tenant building in a fully developed industrial park with nearby recreational amenities and bikeway access.
Where is this flex space located?
The property is located at 3090 Sterling Cir Boulder, CO.
What is the asking price?
The asking price for this property is $3,295,000.
What are key features of this property?
This property features: 11,147‑square‑foot freestanding flex building; Single‑tenant configuration; Located in the fully developed Valmont Industrial Park
