Heated RV Storage
For Sale
$285,000
501 W Airport Boulevard #G-14, Hayden, CO 81639
Adjacent to Yampa Valley Regional Airport, this unit includes built-in cabinetry and upgraded electrical service.
Property Size841 SF
Price / SF$316.67
Days on Market336
Property Features for 501 W Airport Boulevard #G-14
General Information
Standard status
Active
Size
841 SF
Property subtype
Commercial
Warehouse & Industrial
Drive-In Doors
1
Conditioned Warehouse
Yes
Amenities
heated
secure
on-call shuttle service
built-in cabinetry
private owners' lounge with TV, restroom, internet
Building Details
Building Size
841 SF
Year Built
2007
Listing Agency:
Steamboat Sotheby's International Realty
(970) 879-8100
Listed By:
Josie Tolan · License #100045376
Source:
Coloradopartners
Added: Sep 10, 2025
Changed: Aug 11
Last Checked: Aug 11 at 6:29AM
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 Steamboat Sotheby's International Realty
Investment Insights
Based on property information with market context.
This self-storage unit at 501 W Airport Boulevard in Hayden is configured for recreational vehicles and heavy-duty equipment. The approximately 18' x 50' interior accommodates a 45-foot RV bus and includes a 12' x 14' overhead door, a separate man door, built-in cabinetry, and upgraded electrical service with a 50-amp plug. The facility was built in 2007 and provides heated, secure auto and RV storage.
The property sits next to Yampa Valley Regional Airport, with an optional on-call shuttle to the terminal. Facility amenities include a private owners' lounge with a TV, restroom, and internet access. The unit is also positioned minutes from Steamboat and can serve storage needs for boats, campers, and other seasonal equipment.
The property sits next to Yampa Valley Regional Airport, with an optional on-call shuttle to the terminal. Facility amenities include a private owners' lounge with a TV, restroom, and internet access. The unit is also positioned minutes from Steamboat and can serve storage needs for boats, campers, and other seasonal equipment.
Key Highlights
- Approximately 18' x 50' storage unit accommodates a 45‑foot RV bus
- 12' x 14' overhead door plus a separate man door
- Upgraded electrical service with a 50‑amp plug
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
$25,197
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
8.84%
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%
$503,940
$503.9K
Cap Rate 7%
$359,957
$360.0K
Cap Rate 9%
$279,967
$280.0K
Market Conditions
NOI Build-Up for 900 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
$31.5K $35.04/SF
− Vacancy
−$1.9K −$2.10/SF
EGI
$29.6K $32.94/SF
− OpEx
−$4.4K −$4.94/SF
NOI
$25.2K $28.00/SF
Area
Routt County, CO
Vacancy
6.00%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
15.00%
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%
$503,940
Cap Rate 7%
$359,957
Cap Rate 9%
$279,967
Alternative Uses
Best Use
Warehouse
$360.0K
$315.0K – $420.0K
NOI $25,197 @ 7.0% cap · market cap 8.84%
Second Best
Self Storage
$120.5K
$105.5K – $140.6K
NOI $8,437 @ 7.0% cap · market cap 2.96%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 81639, CO
2,498
Population
1,256
Households
2
Avg Household Size
38
Median Age
29%
College-Educated
96%
High-School Grad
464.4 sq mi
ZIP Area
5
Density / Sq Mi
$106,429
Median Household Income
$53,421
Median Earnings
$1,680
Median Rent
$415,500
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Self storage facility - Adjacent to Yampa Valley Regional Airport, this unit includes built-in cabinetry and upgraded electrical service.
Where is this self storage facility located?
The property is located at 501 W Airport Boulevard #G-14 Hayden, CO.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Approximately 18' x 50' storage unit accommodates a 45‑foot RV bus; 12' x 14' overhead door plus a separate man door; Upgraded electrical service with a 50‑amp plug
