4285 S Eldridge Street #E04 Morrison, CO 80465
Upgraded garage condo with mezzanine, views, and community amenities.
Property Features for 4285 S Eldridge Street #E04
General Information
- Standard status
- Active
- Size
- 1,406 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing office KMC Realty Group (720) 989-5180
Listing date Apr 9, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of KMC Realty Group
Investment Insights
Based on property information with market context.
Key Highlights
- Enjoy VIEWS of Red Rocks, Bear Creek Lake, and the Front Range.
- 1,406 SF main level plus 400 SF mezzanine provides 1,806 SF of versatile space.
- Located in a secure, gated community with 24‑hour access and camera security.
Local Financial Insights For Retail
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 | $33.9k | $24.12 |
| − Vacancy | −$1.8k | −$1.30 |
| EGI | $32.1k | $22.82 |
| − OpEx | −$9.6k | −$6.85 |
| NOI | $22.5k | $15.97 |
Alternative Uses
Property Analytics
Current Use by Public Records
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