Industrial Building with Fenced
For Sale
$785,000
6301 E 71st Avenue, Commerce City, CO 80022
4,320 SF industrial building with office and warehouse space.
Property Size4,320 SF
Price / SF$181.71
Days on Market202
Property Features for 6301 E 71st Avenue
General Information
Standard status
Active
Size
4,320 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$22,027
Building Details
Building Size
4,320 SF
Year Built
1970
Listing Agency:
JPAR Modern Real Estate
(720) 272-5656
Listed By:
Jeremy Raskin · License #100050494
Source:
Corken
Added: Feb 3
Changed: Aug 23
Last Checked: Aug 23 at 8:32AM
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 JPAR Modern Real Estate
Investment Insights
Based on property information with market context.
The property at 6301 E 71st Avenue is a 4,320 square foot industrial building. It features a secured fenced yard. The building includes approximately 1,800 square feet of office space and 2,500 square feet of warehouse space. The location provides easy access to Highway 2 and I-76. The bike score is 50, indicating it is bikeable. The walk score is 63, meaning it is somewhat walkable. The transit score is 30, suggesting some transit options are available.
Key Highlights
- Easy access to Highway 2 and I‑76
- Secured fenced yard
- 4,320/SF Industrial Building
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
$51,469
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
6.56%
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%
$1,029,380
$1.0M
Cap Rate 7%
$735,271
$735.3K
Cap Rate 9%
$571,878
$571.9K
Market Conditions
NOI Build-Up for 4,320 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
$79.8K $18.48/SF
− Vacancy
−$6.3K −$1.46/SF
EGI
$73.5K $17.02/SF
− OpEx
−$22.1K −$5.11/SF
NOI
$51.5K $11.91/SF
Area
Adams County, CO
Vacancy
7.90%
Lease Rate
$18.48 /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%
$1,029,380
Cap Rate 7%
$735,271
Cap Rate 9%
$571,878
Alternative Uses
Best Use
Industrial
$735.3K
$643.4K – $857.8K
NOI $51,469 @ 7.0% cap · market cap 6.56%
Second Best
Flex RnD
$571.6K
$500.2K – $666.9K
NOI $40,014 @ 7.0% cap · market cap 5.10%
Theoretical Best
Multifamily LT 5
$63.56M
$55.62M – $74.15M
NOI $4,449,226 @ 7.0% cap · market cap 566.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80022, CO
57,432
Population
19,929
Households
2.9
Avg Household Size
32
Median Age
22%
College-Educated
80%
High-School Grad
79.6 sq mi
ZIP Area
722
Density / Sq Mi
$98,858
Median Household Income
$50,575
Median Earnings
$1,507
Median Rent
$448,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 4,320 SF industrial building with office and warehouse space.
Where is this flex space located?
The property is located at 6301 E 71st Avenue Commerce City, CO.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Easy access to Highway 2 and I‑76; Secured fenced yard; 4,320/SF Industrial Building
