Gated Flex Space with Warehouse
3202 Nome Street, Aurora, CO 80010
For Sale
$1,800,000
The layout combines warehouse bays with office, showroom, and finished support areas.
Property Size10,587 SF
Price / SF$170.02
Days on Market50
Property Features for 3202 Nome Street
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Fenced Yard
Warehouse & Industrial
Mezzanine
Three-Phase Power
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Building Size
Listing Agency:
LIV Sotheby's International Realty
(303) 893-3200
Listed By:
Gwenivere Snyder · License CO #100032337
(303) 200-1256
Source:
Denverrealestateconnection
Added: Sep 21
Changed: Nov 7
Last Checked: Nov 8 at 3:11PM
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 LIV Sotheby's International Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Aurora flex property contains approximately 10,587 square feet of building area, plus approximately 1,947 square feet of mezzanine storage. Three warehouse bays each have a 10' x 12' overhead door and a separate entrance. The finished areas include private offices, showroom and retail space, upper-level offices, a lunch room, and multiple restrooms. The property was remodeled, has a new roof, and is equipped with 3-phase power. The building dates to 1972.
The site is fully fenced and gated. Industrial zoning applies; outdoor storage and other uses are subject to applicable zoning and municipal requirements.
The site is fully fenced and gated. Industrial zoning applies; outdoor storage and other uses are subject to applicable zoning and municipal requirements.
Key Highlights
- Approximately 10,587 SF of building area and 1,947 SF of mezzanine storage
- Three warehouse bays, each with a 10' x 12' overhead door and separate entrance
- Office areas, showroom/retail space, lunch room, and multiple restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,968
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,119,360
$3.1M
Cap Rate 7%
$2,228,114
$2.2M
Cap Rate 9%
$1,732,978
$1.7M
Market Conditions
NOI Build-Up for 10,587 SF
Gross rent
$194.4K $18.36/SF
− Vacancy
−$10.9K −$1.03/SF
EGI
$183.5K $17.33/SF
− OpEx
−$27.5K −$2.60/SF
NOI
$156.0K $14.73/SF
Area
Aurora, CO
Vacancy
5.60%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,119,360
Cap Rate 7%
$2,228,114
Cap Rate 9%
$1,732,978
Alternative Uses
Best Use
Warehouse
$2.23M
$1.95M – $2.60M
NOI $155,968 @ 7.0% cap · market cap 8.66%
Second Best
Flex RnD
$2.06M
$1.80M – $2.41M
NOI $144,347 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,082 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80010, CO
42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Aurora, CO
Properties on Market for Flex space in Aurora
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- African Caribbean Palate — 1427 Elmira St, Aurora, CO 80010
- Lela's Kitchen — Pick-up) location, 1414 Emporia St, Aurora, CO 80010
- Miss Millie's Kitchen (Full Service Catering) — 9905 E Colfax Ave Unit B, Aurora, CO 80010
- TRonAMoe's Catering Bakery & MO. — 11948 E 17th Ave #3, Aurora, CO 80010
Frequently Asked Questions
What type of property is this?
Flex space - The layout combines warehouse bays with office, showroom, and finished support areas.
Where is this flex space located?
The property is located at 3202 Nome Street Aurora, CO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 10,587 SF of building area and 1,947 SF of mezzanine storage; Three warehouse bays, each with a 10' x 12' overhead door and separate entrance; Office areas, showroom/retail space, lunch room, and multiple restrooms
