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Industrial Condo with Office Mezzanine

332 Mountain View Rd #1, Berthoud, CO 80513

For Sale
$399,900

I zoning, a finished mezzanine, and dedicated office area support a range of flex-space configurations.

Property Size2,453 SF
Price / SF$163.02
Days on Market173

Property Features for 332 Mountain View Rd #1

General Information

Standard status Active
Size 2,453 SF
Property subtype Commercial
Zoning I

Warehouse & Industrial

Clear Height 21.5 ft
Mezzanine 576 SF

Additional Details

Highway Access Yes
Property Use Industrial

Taxes and HOA fees

Annual Taxes $10,240

Building Details

Building Size 2,453 SF
Year Built 2000
Listing Agency: Cushman & Wakefield
Listed By: Travis Ackerman · License #100014006
Source: Blackfeatherrealty
Added: May 19 Changed: Nov 7 Last Checked: Nov 7 at 1:29PM

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 Cushman & Wakefield

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Investment Insights

Based on property information with market context.

This 2,453-square-foot industrial condo combines a 1,877-square-foot main level with a finished 576-square-foot mezzanine. Nearly 600 square feet on the main floor is dedicated to office use, while the mezzanine can accommodate additional office or storage needs. A 12-foot-by-14-foot overhead door and 21-foot-6-inch clear height serve the industrial space. The property was built in 2000 and is zoned I.

The unit is in Berthoud, between Fort Collins and Denver, with access to I-25.

Key Highlights

  • 2,453‑square‑foot industrial condo
  • 1,877‑square‑foot main level with nearly 600 square feet of office space
  • Finished 576‑square‑foot mezzanine

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,413
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,260 $528.3K
Cap Rate 7%
$377,329 $377.3K
Cap Rate 9%
$293,478 $293.5K
Market Conditions
NOI Build-Up for 2,453 SF
Gross rent
$34.0K $13.86/SF
− Vacancy
−$2.9K −$1.19/SF
EGI
$31.1K $12.67/SF
− OpEx
−$4.7K −$1.90/SF
NOI
$26.4K $10.77/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,260
Cap Rate 7%
$377,329
Cap Rate 9%
$293,478

Alternative Uses

Best Use
Warehouse
$377.3K
$330.2K – $440.2K (±1% cap)
NOI $26,413 @ 7.0% cap · market cap 6.60%
Second Best
Industrial
$310.7K
$271.9K – $362.5K (±1% cap)
NOI $21,752 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$658.4K
$576.1K – $768.2K (±1% cap)
NOI $46,090 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Plumbing Service Grocery & Convenience Store Parking Lot & Garage Kitchen & Bath Showroom Nail Salon

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

21 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80513, CO

15,824
Population
6,563
Households
2.4
Avg Household Size
42
Median Age
44%
College-Educated
97%
High-School Grad
71.4 sq mi
ZIP Area
222
Density / Sq Mi
$117,024
Median Household Income
$53,161
Median Earnings
$1,709
Median Rent
$558,100
Median Home Value

Market

Average Price Trend$/SF for Flex space in Larimer County, CO

$201 Jul
$206 Aug
$190 Sep
$184 Oct

Properties on Market for Flex space in Larimer County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - I zoning, a finished mezzanine, and dedicated office area support a range of flex-space configurations.
Where is this flex space located?
The property is located at 332 Mountain View Rd #1 Berthoud, CO.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,453‑square‑foot industrial condo; 1,877‑square‑foot main level with nearly 600 square feet of office space; Finished 576‑square‑foot mezzanine
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Includes: Price & PSF · Cap rate · Location · Zoning

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