451 Forest Edge Rd, Woodland Park, CO 80863

Building Details

Building Size 6,872 SF More

Year Built 1996 More

Stories 1 More

Units 1 More

Listed By: Scott Jason Roshek Show Phone

Source: Elliman

Added: Oct 12 Changed: Nov 3 Last Checked: Nov 6 at 8:50AM

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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 Scott Jason Roshek

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 6,872-square-foot industrial warehouse, built in 1996, combines warehouse space with a front office arrangement that includes two private offices and an entry reception area. Upper-level loft storage adds space for inventory, equipment, or materials, while dedicated vault storage provides another interior storage area.

A loading dock with an overhead door supports shipping and receiving. The property also has a fenced docking area for outdoor storage and a gated rear parking lot for secured parking and access.

Key Highlights

• 6,872 square feet of warehouse space
• Two private offices and an entry reception area
• Upper‑level loft storage and interior vault storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$91,176

Cap Rate

7.29%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,823,520 $1.8M

Cap Rate 7%

$1,302,514 $1.3M

Cap Rate 9%

$1,013,067 $1.0M

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,872 SF

Gross rent

$148.4K $21.60/SF

− Vacancy

−$8.2K −$1.19/SF

EGI

$140.3K $20.41/SF

− OpEx

−$49.1K −$7.14/SF

NOI

$91.2K $13.27/SF

Area

Teller County, CO

Vacancy

5.50%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,823,520

Cap Rate 7%

$1,302,514

Cap Rate 9%

$1,013,067

Alternative Uses

Best Use

Flex RnD

$1.30M

$1.14M – $1.52M (±1% cap)

NOI $91,176 @ 7.0% cap · market cap 7.29%

Second Best

Warehouse

$880.7K

$770.6K – $1.03M (±1% cap)

NOI $61,649 @ 7.0% cap · market cap 4.93%

Theoretical Best

Office A

$1.76M

$1.54M – $2.05M (±1% cap)

NOI $122,949 @ 7.0% cap · market cap 9.84%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Pikes Peak Rock ... Department Store

Suggested Use

Top Pick HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith Bakery Grocery & Convenience Store

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

Lease Details

1

Dock-high doors

Yes

Fenced yard

Location Intelligence

Trade Area within ½ mile

564

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 80863, CO

12,738

Population

5,734

Households

2.2

Avg Household Size

49

Median Age

42%

College-Educated

97%

High-School Grad

173.4 sq mi

ZIP Area

73

Density / Sq Mi

$100,011

Median Household Income

$49,333

Median Earnings

$1,960

Median Rent

$503,400

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

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Similar Off Market Nearby

• Woodland-Park-U-Store-It — 303 US-24, Woodland Park, CO 80863
• Pikes Peak Office Center, LLC — 321 W Henrietta Ave, Woodland Park, CO 80863
• A-Z Storage Self-Storage Woodland Park — 130 E Grace Ave, Woodland Park, CO 80863
• WPUSI — 100 S Baldwin St, Woodland Park, CO 80863
• 151 Boundary Storage Units — 151 N Boundary St, Woodland Park, CO 80863

Frequently Asked Questions

What type of property is this?

Warehouse - Office and reception areas sit at the front, with loading access and secured outdoor space supporting warehouse operations.

Where is this warehouse located?

The property is located at 451 Forest Edge Rd Woodland Park, CO.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: 6,872 square feet of warehouse space; Two private offices and an entry reception area; Upper‑level loft storage and interior vault storage