Three-Building Flex Office/Warehouse
For Sale
Contact for pricing
4540 Venture Dr, Johnstown, CO 80534
Three-building office/warehouse flex condominium project with four units per building, built in 2023 and 2024.
Property Size3,922 SF
Price / SF$316.17
Days on Market95
Property Features for 4540 Venture Dr
General Information
Standard status
Active
Size
3,922 SF
Property subtype
INDUSTRIAL
Listing Agency:
Realtec Greeley
(970) 227-2511
Listed By:
Mark Bradley, CCIM, SIOR · License #FA100040761
(970) 227-2511
Source:
Moodyscre
Added: Apr 28
Changed: Jul 29
Last Checked: Jul 30 at 1:32PM
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 Realtec Greeley
Investment Insights
Based on property information with market context.
The Venture Drive Office Condominiums is a three-building office/warehouse flex condominium project in the 2534 development. The property was built in 2023 and 2024, and it comprises multiple condominium units configured within three separate buildings. Each building contains four condominium units, offering a straightforward structure for office-and-warehouse style uses.
The project totals 3,922 square feet. It presents a newer option for tenants or owners seeking a flex setup where office space and warehouse functionality can be combined within a condominium framework.
With four condominium units per building across three buildings, the property supports flexible ownership and leasing structures while maintaining a consistent project design and footprint.
The project totals 3,922 square feet. It presents a newer option for tenants or owners seeking a flex setup where office space and warehouse functionality can be combined within a condominium framework.
With four condominium units per building across three buildings, the property supports flexible ownership and leasing structures while maintaining a consistent project design and footprint.
Key Highlights
- Three‑building flex office/warehouse condominium project
- Total size: 3,922 square feet
- Built in 2023 and 2024
Financial Insights For Office B
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 | $70.6k | $18.00 |
| − Vacancy | −$3.9k | −$0.99 |
| EGI | $66.7k | $17.01 |
| − OpEx | −$16.7k | −$4.25 |
| NOI | $50.0k | $12.76 |
3,922 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$714.8K
$625.4K – $833.9K
NOI $50,035 @ 7.0% cap · market cap 4.04%
Second Best
Warehouse
$625.0K
$546.9K – $729.2K
NOI $43,749 @ 7.0% cap · market cap 3.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80534, CO
18,785
Population
7,137
Households
2.6
Avg Household Size
36
Median Age
37%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
391
Density / Sq Mi
$132,320
Median Household Income
$65,749
Median Earnings
$1,778
Median Rent
$509,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Three-building office/warehouse flex condominium project with four units per building, built in 2023 and 2024.
Where is this flex space located?
The property is located at 4540 Venture Dr Johnstown, CO.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: Three‑building flex office/warehouse condominium project; Total size: 3,922 square feet; Built in 2023 and 2024
