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Flex Space with Mezzanine
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3940 Carson Ave. Units 4 & 8, Evans, CO 80645

Commercial flex space offers office, storage, loading, and utility features for a range of business operations.

Property Size2,858 SF
Price / SF$235.13
Days on Market59

Property Features for 3940 Carson Ave. Units 4 & 8

General Information

Standard status Active
Size 2,858 SF
Class B
Property subtype Industrial
Investment Type Owner/User

Additional Details

Three-Phase Power Yes

Building Details

Units 2
Tenancy Single
Listing Agency: RE/MAX Commercial Alliance
Listed By: Gary Hogan · License #CO FA100068550
Source: Crexi
Added: Aug 20 Changed: Oct 3 Last Checked: Oct 16 at 8:54AM

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 Commercial Alliance

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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 2,858-square-foot flex space combines functional workspace with office and storage components. The property includes two offices, two bathrooms, a mezzanine area that can serve as additional office space, and a dedicated storage room. Floor drains and ample water support operational needs, while 3-phase power expands equipment compatibility.

Loading access is provided by two 14-foot overhead doors. Commercial HOA services include water and trash, simplifying those ongoing property responsibilities. The current owner/user will need time to vacate before possession.

Key Highlights

  • 2,858 SF flex space
  • 3‑phase power for commercial equipment
  • Two 14‑foot overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,482
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,640 $509.6K
Cap Rate 7%
$364,029 $364.0K
Cap Rate 9%
$283,133 $283.1K
Market Conditions
NOI Build-Up for 2,858 SF
Gross rent
$39.4K $13.80/SF
− Vacancy
−$3.0K −$1.06/SF
EGI
$36.4K $12.74/SF
− OpEx
−$10.9K −$3.82/SF
NOI
$25.5K $8.92/SF
Area
Weld County, CO
Vacancy
7.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,640
Cap Rate 7%
$364,029
Cap Rate 9%
$283,133

Alternative Uses

Best Use
Industrial
$364.0K
$318.5K – $424.7K (±1% cap)
NOI $25,482 @ 7.0% cap · market cap 3.79%
Second Best
Flex RnD
$338.0K
$295.8K – $394.4K (±1% cap)
NOI $23,662 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office B
$520.9K
$455.8K – $607.7K (±1% cap)
NOI $36,461 @ 7.0% cap · market cap 5.43%
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 Real Estate Agency Restaurant Law Firm Auto Parts Store Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80645, CO

4,245
Population
1,774
Households
2.4
Avg Household Size
38
Median Age
22%
College-Educated
89%
High-School Grad
92.7 sq mi
ZIP Area
46
Density / Sq Mi
$84,327
Median Household Income
$41,765
Median Earnings
$1,248
Median Rent
$404,300
Median Home Value

Market

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 - Commercial flex space offers office, storage, loading, and utility features for a range of business operations.
Where is this flex space located?
The property is located at 3940 Carson Ave. Units 4 & 8 Evans, CO.
What is the asking price?
The asking price for this property is $672,000.
What are key features of this property?
This property features: 2,858 SF flex space; 3‑phase power for commercial equipment; Two 14‑foot overhead doors
(970) 330-5000 Call to check price and availability
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