Freestanding Flex
687 Academy Ct, Windsor, CO 80550
For Sale
New
$3,756,075
Steel-frame construction offers a flexible shell for fitness or light industrial occupancy.
Property Size20,525 SF
Days on Market3
Property Features for 687 Academy Ct
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Construction
Listing Agency:
WayPoint Real Estate
Listed By:
Jake Arnold · License CO FA100046816
(970) 294-5331
Source:
Elliman
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 8 at 4:57AM
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 WayPoint Real Estate
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Investment Insights
Based on property information with market context.
This freestanding flex property contains 20,525 square feet in a steel-frame building. The space is 100% vacant, with fitness and light industrial use identified among its potential applications.
Key Highlights
- 20,525‑square‑foot freestanding steel‑frame building
- 100% vacant; fitness, flex, or light industrial use potential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$183,005
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,660,100
$3.7M
Cap Rate 7%
$2,614,357
$2.6M
Cap Rate 9%
$2,033,389
$2.0M
Market Conditions
NOI Build-Up for 20,525 SF
Gross rent
$283.2K $13.80/SF
− Vacancy
−$21.8K −$1.06/SF
EGI
$261.4K $12.74/SF
− OpEx
−$78.4K −$3.82/SF
NOI
$183.0K $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 Rate 5%
$3,660,100
Cap Rate 7%
$2,614,357
Cap Rate 9%
$2,033,389
Alternative Uses
Best Use
Industrial
$2.61M
$2.29M – $3.05M
NOI $183,005 @ 7.0% cap · market cap 4.87%
Second Best
Flex RnD
$2.43M
$2.12M – $2.83M
NOI $169,933 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office B
$3.74M
$3.27M – $4.36M
NOI $261,848 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
399
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
$538,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Weld County, CO
Properties on Market for Flex space in Weld County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Steel-frame construction offers a flexible shell for fitness or light industrial occupancy.
Where is this flex space located?
The property is located at 687 Academy Ct Windsor, CO.
What is the asking price?
The asking price for this property is $3,756,075.
What are key features of this property?
This property features: 20,525‑square‑foot freestanding steel‑frame building; 100% vacant; fitness, flex, or light industrial use potential
