Longmont Warehouse/Manufacturing
For Sale
Contact for pricing
4120 Specialty Pl, Longmont, CO 80504
129,304 SF warehouse/manufacturing facility on 12.992 acres.
Property Size129,304 SF
Lot Size12.99 Acres
Price / SF$154.67
Days on Market162
Property Features for 4120 Specialty Pl
General Information
Standard status
Active
Size
129,304 SF
Total Parking Spaces
560
Lot size
12.99 Acres
Property subtype
Industrial
Zoning
PUD - Industrial General
Building Details
Year Built
2001
Stories
2
Tenancy
Single
Listing Agency:
Binswanger Real Estate
Listed By:
Carson Erard · License #PA
Source:
Crexi
Added: Mar 16
Changed: Aug 13
Last Checked: Aug 22 at 7:05AM
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 Binswanger Real Estate
Investment Insights
Based on property information with market context.
This 129,304 square foot warehouse and manufacturing facility is situated on 12.992 acres. The warehouse and manufacturing area encompasses approximately 105,000 square feet. The building features a column spacing of 29 feet 4 inches by 65 feet 6 inches and ceiling heights of 22 feet 5 inches clear. It is equipped with 6 dock-high doors, 1 oversized dock-high door, and 1 drive-in door on the southeast corner, plus 2 drive-in doors on the south side. The property has heavy power at 5,000 amps, 277/480 volt 3-phased 4 wire, and an ESFR sprinkler system. The floor thickness is 6 inches reinforced. The building has concrete tilt-up pre-cast walls. The warehouse is fully HVAC and features LED motion-controlled lights, compressed air, electric, and internet in warehouse floor trenches. There are 560 lighted car parking spaces, including 4 electric car charging hookups. The property is located along I-25 and is within minutes of Hwy 119, 52 and 85. Boulder is 23 miles away, Denver is 31 miles away, and Denver International Airport is 33 miles away.
Key Highlights
- Excellent Location: Situated along I‑25 with easy access to multiple highways and proximity to Boulder, Denver, and Denver International Airport.
- Substantial Warehouse/Manufacturing Space: Approximately 129,304 sf total area, with +/- 105,000 sf dedicated to warehouse/manufacturing.
- Heavy Power Capacity: Equipped with 5,000 amps of 277/480 volt 3‑phased 4 wire power.
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
$1,442,363
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
7.21%
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%
$28,847,260
$28.8M
Cap Rate 7%
$20,605,186
$20.6M
Cap Rate 9%
$16,026,256
$16.0M
Market Conditions
NOI Build-Up for 129,304 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
$1.85M $14.28/SF
− Vacancy
−$149.6K −$1.16/SF
EGI
$1.70M $13.12/SF
− OpEx
−$254.5K −$1.97/SF
NOI
$1.44M $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%
$28,847,260
Cap Rate 7%
$20,605,186
Cap Rate 9%
$16,026,256
Alternative Uses
Best Use
Warehouse
$20.61M
$18.03M – $24.04M
NOI $1,442,363 @ 7.0% cap · market cap 7.21%
Second Best
Industrial
$16.47M
$14.41M – $19.21M
NOI $1,152,898 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office B
$23.57M
$20.62M – $27.49M
NOI $1,649,596 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Explore this area
Business Placement
Demographics for 80504, CO
60,183
Population
23,359
Households
2.6
Avg Household Size
38
Median Age
43%
College-Educated
93%
High-School Grad
94.6 sq mi
ZIP Area
636
Density / Sq Mi
$109,671
Median Household Income
$54,317
Median Earnings
$1,895
Median Rent
$556,500
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?
Manufacturing property - 129,304 SF warehouse/manufacturing facility on 12.992 acres.
Where is this manufacturing property located?
The property is located at 4120 Specialty Pl Longmont, CO.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: Excellent Location: Situated along I‑25 with easy access to multiple highways and proximity to Boulder, Denver, and Denver International Airport.; Substantial Warehouse/Manufacturing Space: Approximately 129,304 sf total area, with **+/- 105,000 sf dedicated to warehouse/manufacturing**.; Heavy Power Capacity: Equipped with **5,000 amps of 277/480 volt 3‑phased 4 wire power**.
