Flex Building with Fenced
For Sale
Contact for pricing
5660 Valmont Rd, Boulder, CO
Flex building with remodeled office, warehouse spaces, and fenced yard.
Property Size14,514 SF
Lot Size1.03 Acres
Price / SF$272.15
Days on Market316
Property Features for 5660 Valmont Rd
General Information
Standard status
Active
Size
14,514 SF
Lot size
1.03 Acres
Property subtype
FLEX_R_AND_D
Properties For Sale
at 5660 Valmont Rd Contact us- Floor
- 1
- Size
- 4,739 SF
- Type
- FLEX_R_AND_D
- Lease Type
- NNN
- Availability
- AVAILABLE, On Available Date
- Sublease
- No
Boulder Flex Unit with Optional Yard
- Clean Flex/Warehouse Space with Private Restrooms
- Overhead Door with Truck Well...
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Listing Agency:
Gibbons-White, Inc.
(303) 442-1040
Listed By:
Jaime Pletcher · License #FA.100074492
Source:
Moodyscre
Added: Sep 29, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:58AM
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 Gibbons-White, Inc.
Investment Insights
Based on property information with market context.
This flex building features remodeled office and warehouse spaces, along with a fenced storage yard. The property is fully leased with near-term expirations, presenting an opportunity for an owner to occupy or an investor to reposition. Units A and B offer open and modern tech office space leased below market rent. Units C and D include overhead doors with truck wells for dock-high capable loading. The 8,400 square foot fenced yard is a rare amenity in Boulder, making it attractive for a variety of users. The property offers a convenient location with access to many amenities and is easily accessible from Boulder Creek Path or RTD. The building's total size is 14,514 square feet.
Key Highlights
- Fully leased flex building with near‑term expirations offers options for owner occupancy or investor repositioning.
- Rare 8,400 SF fenced yard, a valuable amenity in Boulder.
- Units C & D feature overhead doors with truck wells for dock‑high capable loading.
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
$204,038
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
5.17%
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%
$4,080,760
$4.1M
Cap Rate 7%
$2,914,829
$2.9M
Cap Rate 9%
$2,267,089
$2.3M
Market Conditions
NOI Build-Up for 14,514 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
$383.2K $26.40/SF
− Vacancy
−$111.1K −$7.66/SF
EGI
$272.1K $18.74/SF
− OpEx
−$68.0K −$4.69/SF
NOI
$204.0K $14.06/SF
Area
Boulder, CO
Vacancy
29.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$4,080,760
Cap Rate 7%
$2,914,829
Cap Rate 9%
$2,267,089
Alternative Uses
Best Use
Office B
$2.91M
$2.55M – $3.40M
NOI $204,038 @ 7.0% cap · market cap 5.17%
Second Best
Warehouse
$2.24M
$1.96M – $2.62M
NOI $157,140 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$4.90M
$4.29M – $5.72M
NOI $343,320 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flex building with remodeled office, warehouse spaces, and fenced yard.
Where is this flex space located?
The property is located at 5660 Valmont Rd Boulder, CO.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Fully leased flex building with near‑term expirations offers options for owner occupancy or investor repositioning.; Rare 8,400 SF fenced yard, a valuable amenity in Boulder.; Units C & D feature overhead doors with truck wells for dock‑high capable loading.
