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Office/Warehouse Flex Space
For Sale
$550,000

4523 Endeavor Dr, Johnstown, CO

Clean, functional space combines office and warehouse areas for light industrial or contractor operations.

Property Size2,383 SF
Price / SF$230.80
Days on Market58

Property Features for 4523 Endeavor Dr

General Information

Standard status Active
Size 2,383 SF

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $16,152
Listing Agency: CBRE Inc
Listed By: Julius Tabert · License #FA40037286
Source: Exprealty
Added: Sep 3 Changed: Oct 26 Last Checked: Oct 28 at 9:32AM

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 CBRE Inc

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Investment Insights

Based on property information with market context.

This 2,383 SF flex property combines office and warehouse space in a clean commercial setting. The configuration supports light industrial, logistics, corporate office, and contractor operations, providing a practical mix of work and administrative areas within one facility.

The property is located at 4523 Endeavor Dr in Johnstown, within the 2534 Master-Planned Business Park. The surrounding district spans 600 acres and includes mixed-use commercial development. Access is positioned near the junction of Interstate 25 and US Highway 34, with Scheels and Johnstown Plaza identified among the nearby commercial destinations.

Key Highlights

  • 2, 383 SF office/warehouse flex space
  • Located in the 600‑acre 2534 Master‑Planned Business Park
  • Positioned near Interstate 25 and US Highway 34

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,582
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,640 $531.6K
Cap Rate 7%
$379,743 $379.7K
Cap Rate 9%
$295,356 $295.4K
Market Conditions
NOI Build-Up for 2,383 SF
Gross rent
$34.0K $14.28/SF
− Vacancy
−$2.8K −$1.16/SF
EGI
$31.3K $13.12/SF
− OpEx
−$4.7K −$1.97/SF
NOI
$26.6K $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 Rate 5%
$531,640
Cap Rate 7%
$379,743
Cap Rate 9%
$295,356

Alternative Uses

Best Use
Warehouse
$379.7K
$332.3K – $443.0K (±1% cap)
NOI $26,582 @ 7.0% cap · market cap 4.83%
Second Best
Industrial
$303.5K
$265.6K – $354.1K (±1% cap)
NOI $21,247 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office B
$434.3K
$380.0K – $506.7K (±1% cap)
NOI $30,401 @ 7.0% cap · market cap 5.53%
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

Flex space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Clean, functional space combines office and warehouse areas for light industrial or contractor operations.
Where is this flex space located?
The property is located at 4523 Endeavor Dr Johnstown, 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: 2, 383 SF office/warehouse flex space; Located in the 600‑acre 2534 Master‑Planned Business Park; Positioned near Interstate 25 and US Highway 34
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