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Flex Space with Covered Storage
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6971 Forest St, Commerce City, CO 80022

Corner flex space with recently renovated office and covered outdoor storage, with separate office and warehouse bathrooms.

Property Size2,059 SF
Price / SF$301.12
Days on Market464

Property Features for 6971 Forest St

General Information

Standard status Active
Size 2,059 SF
Property subtype INDUSTRIAL
Zoning C3

Site & Location

Road Access Yes
Outdoor Storage Yes
Listing Agency: Colliers - Denver
Listed By: Kristjan Danis · License #FA.100087888
Source: Moodyscre
Added: Jul 1, 2025 Changed: Oct 6 Last Checked: Oct 5 at 9:29PM

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 Colliers - Denver

Investment Insights

Based on property information with market context.

This corner-lot flex space includes a recently renovated office and covered outdoor storage. The property provides separate bathroom facilities for the office and the warehouse area, supporting flexible tenant use and day-to-day operations.

Access is available from Forest St. and Fairfax Dr. The property is zoned C3 (Commerce City), offering a framework for compatible commercial activity. Outdoor storage is covered, which can help protect materials or equipment used in routine operations.

The layout combines office and warehouse-ready components, with yard space and dedicated restroom areas. For tenants looking for a single site that can support both administrative functions and operational storage, the configuration is designed to keep workflows separated while remaining on one property.

Key Highlights

  • Corner lot with yard
  • Recently renovated office
  • Covered outdoor storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,788
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,760 $595.8K
Cap Rate 7%
$425,543 $425.5K
Cap Rate 9%
$330,978 $331.0K
Market Conditions
NOI Build-Up for 2,059 SF
Gross rent
$38.1K $18.48/SF
− Vacancy
−$3.0K −$1.46/SF
EGI
$35.0K $17.02/SF
− OpEx
−$5.3K −$2.55/SF
NOI
$29.8K $14.47/SF
Area
Adams County, CO
Vacancy
7.90%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,760
Cap Rate 7%
$425,543
Cap Rate 9%
$330,978

Alternative Uses

Best Use
Warehouse
$425.5K
$372.4K – $496.5K (±1% cap)
NOI $29,788 @ 7.0% cap · market cap 4.80%
Second Best
Industrial
$350.4K
$306.6K – $408.9K (±1% cap)
NOI $24,531 @ 7.0% cap · market cap 3.96%
Theoretical Best
Multifamily LT 5
$30.29M
$26.51M – $35.34M (±1% cap)
NOI $2,120,592 @ 7.0% cap · market cap 342.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Daycare Center Parking Lot & Garage Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Corner flex space with recently renovated office and covered outdoor storage, with separate office and warehouse bathrooms.
Where is this flex space located?
The property is located at 6971 Forest St Commerce City, CO.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Corner lot with yard; Recently renovated office; Covered outdoor storage
(303) 745-5800 Call to check price and availability
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