Improved Office/Flex Production
For Sale
Contact for pricing
6545 E 49th Ave, Commerce City, CO 80022
One-of-a-kind office/flex and production facility with new interior finishes.
Property Size5,616 SF
Price / SF$258.19
Days on Market212
Property Features for 6545 E 49th Ave
General Information
Standard status
Active
Size
5,616 SF
Property subtype
Industrial
Zoning
I-1S
Building Details
Year Built
1964
Year Renovated
2023
Buildings
1
Stories
1
Listing Agency:
Unique Properties, Inc
(303) 321-5888
Listed By:
Gannon Roth · License #CO FA.100001331
Source:
Crexi
Added: Jan 21
Changed: Aug 17
Last Checked: Aug 21 at 5:42PM
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 Unique Properties, Inc
Investment Insights
Based on property information with market context.
The property at 6545 E 49th Ave is a 5,616 square-foot office/flex and production facility featuring new interior finishes. Recent upgrades include a new roof and HVAC. The layout is versatile for creative production users as well as traditional flex/industrial operations. The property offers two dock-high doors and street-front parking, with the potential to create drive-in loading if needed. It is located in Commerce City, Colorado.
Key Highlights
- Beautifully improved office/flex and production facility with new interior finishes.
- Versatile layout suitable for creative production or traditional flex/industrial operations.
- Recent upgrades include a new roof and HVAC.
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
$66,909
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
4.61%
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%
$1,338,180
$1.3M
Cap Rate 7%
$955,843
$955.8K
Cap Rate 9%
$743,433
$743.4K
Market Conditions
NOI Build-Up for 5,616 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
$103.8K $18.48/SF
− Vacancy
−$8.2K −$1.46/SF
EGI
$95.6K $17.02/SF
− OpEx
−$28.7K −$5.11/SF
NOI
$66.9K $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%
$1,338,180
Cap Rate 7%
$955,843
Cap Rate 9%
$743,433
Alternative Uses
Best Use
Industrial
$955.8K
$836.4K – $1.12M
NOI $66,909 @ 7.0% cap · market cap 4.61%
Second Best
Flex RnD
$743.1K
$650.2K – $867.0K
NOI $52,018 @ 7.0% cap · market cap 3.59%
Theoretical Best
Multifamily LT 5
$82.63M
$72.30M – $96.40M
NOI $5,783,994 @ 7.0% cap · market cap 398.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Well-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 - One-of-a-kind office/flex and production facility with new interior finishes.
Where is this flex space located?
The property is located at 6545 E 49th Ave Commerce City, CO.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Beautifully improved office/flex and production facility with new interior finishes.; Versatile layout suitable for creative production or traditional flex/industrial operations.; Recent upgrades include a new roof and HVAC.
