Warehouse-Flex
365 Warren Avenue Unit 208/209, Silverthorne, CO 80498
For Sale
$1,740,000
A combined work and administrative layout includes two oversized commercial garage doors and a half bathroom.
Property Size4,635 SF
Price / SF$375.40
Days on Market73
Property Features for 365 Warren Avenue Unit 208/209
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Warehouse Space
Office Build-Out
Additional Details
Highway Access
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Omni Real Estate Company Inc
Listed By:
Anne Marie Ohly · License #ER326911
(970) 485-0183
Source:
4wallsthatfit
Added: Aug 26
Changed: Nov 4
Last Checked: Nov 6 at 6:09AM
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 Omni Real Estate Company Inc
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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 4,635 SF flex property at 365 Warren Avenue in Silverthorne combines 3,372 SF of warehouse area with 1,263 SF of office/flex space. Two oversized commercial garage doors serve the warehouse, and a half bathroom is included. The building dates to 1998 and has commercial zoning.
I-70 provides access from the property, with Silverthorne, Dillon, Frisco, and Breckenridge among the communities identified nearby. The mix of warehouse and office/flex area supports a range of business functions within one property.
I-70 provides access from the property, with Silverthorne, Dillon, Frisco, and Breckenridge among the communities identified nearby. The mix of warehouse and office/flex area supports a range of business functions within one property.
Key Highlights
- 4,635 SF total, including 3,372 SF of warehouse and 1,263 SF of office/flex space
- Two oversized commercial garage doors
- Half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,071
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,441,420
$1.4M
Cap Rate 7%
$1,029,586
$1.0M
Cap Rate 9%
$800,789
$800.8K
Market Conditions
NOI Build-Up for 4,635 SF
Gross rent
$125.1K $27.00/SF
− Vacancy
−$14.3K −$3.08/SF
EGI
$110.9K $23.92/SF
− OpEx
−$38.8K −$8.37/SF
NOI
$72.1K $15.55/SF
Area
Summit County, CO
Vacancy
11.40%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,441,420
Cap Rate 7%
$1,029,586
Cap Rate 9%
$800,789
Alternative Uses
Best Use
Warehouse
$92.25M
$80.72M – $107.63M
NOI $6,457,784 @ 7.0% cap · market cap 371.14%
Second Best
Industrial
$75.97M
$66.48M – $88.64M
NOI $5,318,175 @ 7.0% cap · market cap 305.64%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80498, CO
8,405
Population
6,931
Households
1.2
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
294.8 sq mi
ZIP Area
29
Density / Sq Mi
$105,227
Median Household Income
$49,636
Median Earnings
$1,738
Median Rent
$721,700
Median Home Value
Market
Properties on Market for Flex space in Summit County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - A combined work and administrative layout includes two oversized commercial garage doors and a half bathroom.
Where is this flex space located?
The property is located at 365 Warren Avenue Unit 208/209 Silverthorne, CO.
What is the asking price?
The asking price for this property is $1,740,000.
What are key features of this property?
This property features: 4,635 SF total, including 3,372 SF of warehouse and 1,263 SF of office/flex space; Two oversized commercial garage doors; Half bathroom
