Dacono Self-Storage Facility For
For Sale
$980,000
700 Glen Creighton Dr, Dacono, CO 80514
Operating self-storage facility with development potential in Dacono, Colorado.
Property Size4,080 SF
Lot Size0.75 Acres
Days on Market268
Property Features for 700 Glen Creighton Dr
General Information
Standard status
Active
Size
4,080 SF
Lot size
0.75 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,731
Building Details
Building Size
4,080 SF
Year Built
1986
Listing Agency:
Bold Brokers
(720) 234-8513
Listed By:
Christopher Ingmire
(720) 234-8513
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 23
Last Checked: Aug 23 at 8:20AM
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 Bold Brokers
Investment Insights
Based on property information with market context.
This property features an operating self-storage facility situated on 0.75 acres, consisting of two lots. The site is located in the heart of Dacono and abuts Dacono Urban Renewal Authority land, offering potential. The self-storage component includes 44 units, an automatic gate, and full fencing. Twelve of the units are equipped with electricity. Note that the city does not allow outdoor storage, and no additional units are permitted.
Key Highlights
- Fully functioning self‑storage business with 44 units.
- Large .75 acre lot comprised of 2 parcels in central Dacono location.
- Abuts Dacono Urban Renewal Authority land.
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
$36,378
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
3.71%
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%
$727,560
$727.6K
Cap Rate 7%
$519,686
$519.7K
Cap Rate 9%
$404,200
$404.2K
Market Conditions
NOI Build-Up for 4,080 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
$56.3K $13.80/SF
− Vacancy
−$4.3K −$1.06/SF
EGI
$52.0K $12.74/SF
− OpEx
−$15.6K −$3.82/SF
NOI
$36.4K $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%
$727,560
Cap Rate 7%
$519,686
Cap Rate 9%
$404,200
Alternative Uses
Best Use
Industrial
$519.7K
$454.7K – $606.3K
NOI $36,378 @ 7.0% cap · market cap 3.71%
Second Best
Self Storage
$24.3K
$21.3K – $28.4K
NOI $1,704 @ 7.0% cap · market cap 0.17%
Theoretical Best
Office B
$743.6K
$650.6K – $867.5K
NOI $52,051 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Explore this area
Business Placement
Demographics for 80514, CO
6,350
Population
2,315
Households
2.7
Avg Household Size
34
Median Age
30%
College-Educated
84%
High-School Grad
9.2 sq mi
ZIP Area
690
Density / Sq Mi
$99,389
Median Household Income
$56,331
Median Earnings
$1,823
Median Rent
$448,200
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?
Self storage facility - Operating self-storage facility with development potential in Dacono, Colorado.
Where is this self storage facility located?
The property is located at 700 Glen Creighton Dr Dacono, CO.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Fully functioning self‑storage business with 44 units.; Large .75 acre lot comprised of 2 parcels in central Dacono location.; Abuts Dacono Urban Renewal Authority land.
