Flex Space with Warehouse
New
For Sale
$550,000
4475 W 58th Avenue #F, Arvada, CO 80002
Versatile commercial unit combining warehouse functionality, client-facing office space, and IL zoning.
Property Size2,916 SF
Days on Market2
Property Features for 4475 W 58th Avenue #F
General Information
Standard status
Active
Size
2,916 SF
Class
B
Total Parking Spaces
2
Property subtype
Commercial
Zoning
IL
Warehouse & Industrial
Clear Height
24 ft
Drive-In Doors
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$9,388
Building Details
Building Size
2,916 SF
Year Built
2005
Units
1
Listing Agency:
RE/MAX NORTHWEST INC
(303) 255-4381
Listed By:
Deano Makowsky · License #FA40018044
(303) 255-4381
Source:
Coloradopartners
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 11 at 1:40PM
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 NORTHWEST INC
Investment Insights
Based on property information with market context.
This flex space combines a warehouse area with a front office and reception area for on-site administrative work and client visits. A 12-foot garage door accommodates trucks and equipment, while 24-foot ceilings provide substantial vertical clearance. The unit also includes overhead gas heating, extensive overhead lighting, fans, and a handicap-accessible bathroom serving employees and clients.
Located at 4475 W 58th Avenue #F in Arvada, the property offers access to I-76 and I-70, with connections toward the mountains and Downtown Denver. IL zoning supports its industrial-oriented commercial setting. Built in 2005, the unit is configured for businesses requiring both work or storage space and a customer-facing area.
Located at 4475 W 58th Avenue #F in Arvada, the property offers access to I-76 and I-70, with connections toward the mountains and Downtown Denver. IL zoning supports its industrial-oriented commercial setting. Built in 2005, the unit is configured for businesses requiring both work or storage space and a customer-facing area.
Key Highlights
- 12‑foot garage door accommodates trucks and equipment
- 24‑foot ceilings provide substantial vertical clearance
- Front office and reception area included
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
$39,891
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
7.25%
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%
$797,820
$797.8K
Cap Rate 7%
$569,871
$569.9K
Cap Rate 9%
$443,233
$443.2K
Market Conditions
NOI Build-Up for 2,916 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
$70.0K $24.00/SF
− Vacancy
−$16.8K −$5.76/SF
EGI
$53.2K $18.24/SF
− OpEx
−$13.3K −$4.56/SF
NOI
$39.9K $13.68/SF
Area
Arvada, CO
Vacancy
24.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
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%
$797,820
Cap Rate 7%
$569,871
Cap Rate 9%
$443,233
Alternative Uses
Best Use
Office B
$569.9K
$498.6K – $664.9K
NOI $39,891 @ 7.0% cap · market cap 7.25%
Second Best
Flex RnD
$453.3K
$396.6K – $528.8K
NOI $31,729 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$779.8K
$682.4K – $909.8K
NOI $54,588 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial unit combining warehouse functionality, client-facing office space, and IL zoning.
Where is this flex space located?
The property is located at 4475 W 58th Avenue #F Arvada, CO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 12‑foot garage door accommodates trucks and equipment; 24‑foot ceilings provide substantial vertical clearance; Front office and reception area included
