Flex Industrial Space in
For Sale
$855,000
601 Gyrfalcon #B, Windsor, CO 80550
Well-maintained flex industrial space suitable for various commercial uses.
Property Size3,800 SF
Lot Size0.07 Acres
Price / SF$225
Days on Market234
Property Features for 601 Gyrfalcon #B
General Information
Standard status
Active
Size
3,800 SF
Lot size
0.07 Acres
Property subtype
Commercial
Amenities
Central air
Metal Roof
Alley
Central Air Cooling
Curbs
Fire Hydrant within 500 Feet
Forced Air Heating
Gutters
Level Drive
Level Lot
Paved
Ramp Access
Sidewalks
Space Heater Heating
Street Light
Building Details
Year Built
2018
Listing Agency:
Colorado Commercial, Ltd
(970) 236-2322
Listed By:
JERRY CHILSON · License #FA40026060
Source:
Corcoran
Added: Dec 30, 2025
Changed: Aug 14
Last Checked: Aug 20 at 6:33AM
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 Colorado Commercial, Ltd
Investment Insights
Based on property information with market context.
This well-maintained flex industrial space is located in a professional business park in Windsor, Colorado. The property has a total area of 3,800 square feet, including 1,600 square feet of finished office space and 2,200 square feet of warehouse space. The office build-out includes two private offices, a reception/waiting area with a dedicated customer entrance, a kitchenette/break area, and two private restrooms. The warehouse features a 20-foot clear ceiling height and two 14-foot by 14-foot overhead doors, with an open warehouse layout. There are six parking spaces directly in front of the unit, plus 12 or more additional spaces at the rear. Potential uses for the property include trades, engineering, light manufacturing, showroom/warehouse, printing, logistics, home service businesses, moving companies, and related flex users. The property offers an efficient office-to-warehouse ratio, strong curb appeal, ample parking, and excellent functionality for a wide range of commercial users.
Key Highlights
- Well‑maintained flex industrial space in a professional business park.
- Efficient office‑to‑warehouse ratio (1,600 SF office, 2,200 SF warehouse).
- 20' clear ceiling height in warehouse with two 14' x 14' overhead doors.**
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
$33,881
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
3.96%
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%
$677,620
$677.6K
Cap Rate 7%
$484,014
$484.0K
Cap Rate 9%
$376,456
$376.5K
Market Conditions
NOI Build-Up for 3,800 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
$52.4K $13.80/SF
− Vacancy
−$4.0K −$1.06/SF
EGI
$48.4K $12.74/SF
− OpEx
−$14.5K −$3.82/SF
NOI
$33.9K $8.92/SF
Area
Weld County, CO
Vacancy
7.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$677,620
Cap Rate 7%
$484,014
Cap Rate 9%
$376,456
Alternative Uses
Best Use
Industrial
$484.0K
$423.5K – $564.7K
NOI $33,881 @ 7.0% cap · market cap 3.96%
Second Best
Flex RnD
$449.4K
$393.3K – $524.4K
NOI $31,461 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office B
$692.6K
$606.0K – $808.0K
NOI $48,479 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
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?
Flex space - Well-maintained flex industrial space suitable for various commercial uses.
Where is this flex space located?
The property is located at 601 Gyrfalcon #B Windsor, CO.
What is the asking price?
The asking price for this property is $855,000.
What are key features of this property?
This property features: Well‑maintained flex industrial space in a professional business park.; Efficient office‑to‑warehouse ratio (1,600 SF office, 2,200 SF warehouse).; 20' clear ceiling height in warehouse with two 14' x 14' overhead doors.**
