Finished Flex Space with
For Sale
$315,000
360 Rancho Dr, Windsor, CO 80550
Commercial Sale, Windsor, CO
Property Size1,200 SF
Lot Size0.03 Acres
Price / SF$262.50
Days on Market78
Property Features for 360 Rancho Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COM
Appliances
Kitchenette
Subdivision
Water Valley Vaults 2nd Amd
Standard status
Active
APN
R8985648
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9295
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Cooling system
Ductless
Building Details
Year built
2023
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Group Mulberry
(970) 221-0700
Listed By:
Caleb Cheshier
(970) 889-3796
Added: Jun 4
Changed: Aug 19
Last Checked: Aug 20 at 7:06PM
MLS# 1060944
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 20-by-60 flex space was built in 2023 and includes a finished interior with a kitchenette, half bath, epoxy flooring, and loft storage. Ductless cooling and heating support use throughout the year, while the metal-sided structure has a metal roof. The existing kitchenette can remain in place or be removed to accommodate additional storage or a different interior arrangement.
The property is located at 360 Rancho Dr in Windsor, Colorado, within Weld County. It carries COM zoning and is served by public sewer, with natural gas available. The unit is configured as a standalone commercial space and includes a kitchenette appliance package.
The property is located at 360 Rancho Dr in Windsor, Colorado, within Weld County. It carries COM zoning and is served by public sewer, with natural gas available. The unit is configured as a standalone commercial space and includes a kitchenette appliance package.
Key Highlights
- 20‑by‑60 flex space built in 2023
- Finished interior with kitchenette, half bath, epoxy flooring, and loft
- Heating and ductless cooling support year‑round use
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
$13,386
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
4.25%
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%
$267,720
$267.7K
Cap Rate 7%
$191,229
$191.2K
Cap Rate 9%
$148,733
$148.7K
Market Conditions
NOI Build-Up for 1,200 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
$17.1K $14.28/SF
− Vacancy
−$1.4K −$1.16/SF
EGI
$15.7K $13.12/SF
− OpEx
−$2.4K −$1.97/SF
NOI
$13.4K $11.15/SF
Area
Weld County, CO
Vacancy
8.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
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%
$267,720
Cap Rate 7%
$191,229
Cap Rate 9%
$148,733
Alternative Uses
Best Use
Warehouse
$191.2K
$167.3K – $223.1K
NOI $13,386 @ 7.0% cap · market cap 4.25%
Second Best
Industrial
$152.8K
$133.7K – $178.3K
NOI $10,699 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office B
$218.7K
$191.4K – $255.2K
NOI $15,309 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80550, CO
38,909
Population
17,140
Households
2.3
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
52.4 sq mi
ZIP Area
743
Density / Sq Mi
$121,487
Median Household Income
$60,940
Median Earnings
$1,791
Median Rent
$538,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Move-in-ready commercial unit with a kitchenette, half bath, epoxy flooring, and climate control.
Where is this flex space located?
The property is located at 360 Rancho Dr Windsor, CO.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 20‑by‑60 flex space built in 2023; Finished interior with kitchenette, half bath, epoxy flooring, and loft; Heating and ductless cooling support year‑round use
