Heated Warehouse Flex
341 1st Street B6 Mead, CO 80542
341 1st Street B6, Mead, CO, 80542
$225,000
For Sale
$225,000
Premium insulated warehouse condo within a gated community, featuring radiant in-floor heat and a 14' x 14' overhead door.
Property Size1,000 SF
Price / SF$225
Days on Market14
Property Features for 341 1st Street B6
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2017
Listing agency
RE/MAX Nexus
(970) 556-0635
Listed by
Abby Renner · License #40029855
(970) 556-0635
Source
Exitrealty
Added: Jul 8 Updated: Jul 18 at 3:29AM Checked: Jul 18 at 3:29AM
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 RE/MAX Nexus
Investment Insights
Based on property information with market context.
This fully insulated flex/warehouse condo is designed for practical storage and light warehouse use, with radiant in-floor heat and epoxy-coated concrete floors. The unit includes a private restroom with a deep utility sink, along with electrical support that includes 220V/100-amp service plus a 50-amp outlet. A 14' x 14' overhead garage door with an automatic opener provides convenient access for larger vehicles, trailers, equipment, and recreational vehicles.
The property is located within Ultimate Garage Club, a fully fenced and secure gated community in Mead, Colorado. Onsite amenities include a car wash and a fresh water station with a dump station. Access is positioned about one mile west of I-25 for convenient travel throughout the Northern Colorado and Front Range area.
The property is located within Ultimate Garage Club, a fully fenced and secure gated community in Mead, Colorado. Onsite amenities include a car wash and a fresh water station with a dump station. Access is positioned about one mile west of I-25 for convenient travel throughout the Northern Colorado and Front Range area.
Key Highlights
- 2017‑built 1,000 SF insulated commercial warehouse condo in Ultimate Garage Club (Mead, CO).
- Radiant in‑floor heat and epoxy‑coated concrete floors.
- 14' x 14' overhead garage door with automatic opener.
Local Financial Insights For Warehouse
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 | $14.3k | $14.28 |
| − Vacancy | −$1.2k | −$1.16 |
| EGI | $13.1k | $13.12 |
| − OpEx | −$2.0k | −$1.97 |
| NOI | $11.2k | $11.15 |
1,000 SF · lease $14.28/SF/yr · vacancy 8.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$159.4K
$139.4K – $185.9K
NOI $11,155 @ 7.0% cap · market cap 4.96%
Second Best
Industrial
$127.4K
$111.5K – $148.6K
NOI $8,916 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office B
$182.3K
$159.5K – $212.6K
NOI $12,758 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lighthouse Storage
Storage Facility
U-Haul Neighborhood Dealer
Car Rental Facility
Custom SxS Outfitters
Auto Repair Shop
David & Sons Plumbers
Plumbing Service
Ultimate Garage Club
Storage Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Premium insulated warehouse condo within a gated community, featuring radiant in-floor heat and a 14' x 14' overhead door.
Where is this flex space located?
The property is located at 341 1st Street B6 Mead, CO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2017‑built 1,000 SF insulated commercial warehouse condo in Ultimate Garage Club (Mead, CO).; Radiant in‑floor heat and epoxy‑coated concrete floors.; 14' x 14' overhead garage door with automatic opener.
