Office-Flex Condo with Heated
For Sale
$400,000
561 E Garden Dr B, Windsor, CO 80550
Eight private offices and a finished, heated garage support a mix of office and work space.
Property Size2,865 SF
Price / SF$139.62
Days on Market26
Property Features for 561 E Garden Dr B
General Information
Standard status
Active
Size
2,865 SF
Property subtype
Warehouse
Additional Details
Property Use
Flex
Taxes and HOA fees
Annual Taxes
$12,054
Building Details
Building Size
2,865 SF
Year Built
1998
Listing Agency:
August Realty & Investments
Listed By:
Luke Sinden
(970) 412-2642
Source:
Northstar
Added: Oct 2
Changed: Oct 26
Last Checked: Oct 26 at 3:16PM
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 August Realty & Investments
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Investment Insights
Based on property information with market context.
This 2,865-square-foot flex condo in Windsor Tech Business Condos was built in 1998. Its office area includes eight traditional offices and a mezzanine, along with one bathroom and a kitchenette. The finished garage is heated and accessed through a manually operated overhead door.
Located at 561 E Garden Dr B in Windsor, Colorado, the property combines dedicated office space with garage area within a business condominium setting.
Located at 561 E Garden Dr B in Windsor, Colorado, the property combines dedicated office space with garage area within a business condominium setting.
Key Highlights
- 2,865‑square‑foot flex condo
- Eight traditional offices and a mezzanine
- One bathroom and one kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,959
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,180
$639.2K
Cap Rate 7%
$456,557
$456.6K
Cap Rate 9%
$355,100
$355.1K
Market Conditions
NOI Build-Up for 2,865 SF
Gross rent
$40.9K $14.28/SF
− Vacancy
−$3.3K −$1.16/SF
EGI
$37.6K $13.12/SF
− OpEx
−$5.6K −$1.97/SF
NOI
$32.0K $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%
$639,180
Cap Rate 7%
$456,557
Cap Rate 9%
$355,100
Alternative Uses
Best Use
Warehouse
$456.6K
$399.5K – $532.7K
NOI $31,959 @ 7.0% cap · market cap 7.99%
Second Best
Industrial
$364.9K
$319.3K – $425.8K
NOI $25,545 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office B
$522.1K
$456.9K – $609.2K
NOI $36,550 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 80550, CO
38,909
Population
17,140
Households
2.3
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
52.4 sq mi
ZIP Area
743
Density / Sq Mi
$121,487
Median Household Income
$60,940
Median Earnings
$1,791
Median Rent
$538,900
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Eight private offices and a finished, heated garage support a mix of office and work space.
Where is this flex space located?
The property is located at 561 E Garden Dr B Windsor, CO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,865‑square‑foot flex condo; Eight traditional offices and a mezzanine; One bathroom and one kitchenette
