Flex Space with Office and
For Sale
$895,000
7287 Greenridge 2, Windsor, CO 80550
Adaptable commercial space combines warehouse, office, and retail areas with upgraded interior finishes and building systems.
Property Size3,348 SF
Days on Market36
Property Features for 7287 Greenridge 2
General Information
Standard status
Active
Size
3,348 SF
Property subtype
Commercial
Amenities
controlled HVAC
warehouse drain
epoxy coating floor
three bathrooms
mountain and eastern plains views
Building Details
Building Size
3,348 SF
Year Built
2017
Listing Agency:
Cushman & Wakefield - Fort Collins, Colorado
(970) 690-4227
Listed By:
Jared Goodman · License #40017764
(970) 690-4227
Source:
Elliman
Added: Jul 27
Changed: Aug 30
Last Checked: Mar 27 at 9:53AM
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 Cushman & Wakefield - Fort Collins, Colorado
Investment Insights
Based on property information with market context.
This 3,348-square-foot flex property combines warehouse, office, and retail areas within a single commercial unit. The interior includes controlled HVAC, a warehouse drain, epoxy-coated flooring, and three bathrooms. Views extend toward the mountains and eastern plains, adding a distinctive visual element to the space.
Located at 7287 Greenridge Rd in Windsor, Colorado, the property supports an owner-user configuration with distinct areas for business operations, office functions, and retail activity. Its combination of industrial and customer-facing components provides a practical layout for a range of small-business operations and storage needs.
Located at 7287 Greenridge Rd in Windsor, Colorado, the property supports an owner-user configuration with distinct areas for business operations, office functions, and retail activity. Its combination of industrial and customer-facing components provides a practical layout for a range of small-business operations and storage needs.
Key Highlights
- 3,348‑square‑foot flex property at 7287 Greenridge Rd, Windsor, CO 80550
- Warehouse, office, and retail areas within one commercial unit
- Controlled HVAC, warehouse drain, and epoxy‑coated flooring
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
$42,712
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
4.77%
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%
$854,240
$854.2K
Cap Rate 7%
$610,171
$610.2K
Cap Rate 9%
$474,578
$474.6K
Market Conditions
NOI Build-Up for 3,348 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
$60.3K $18.00/SF
− Vacancy
−$3.3K −$0.99/SF
EGI
$56.9K $17.01/SF
− OpEx
−$14.2K −$4.25/SF
NOI
$42.7K $12.76/SF
Area
Weld County, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$854,240
Cap Rate 7%
$610,171
Cap Rate 9%
$474,578
Alternative Uses
Best Use
Office B
$610.2K
$533.9K – $711.9K
NOI $42,712 @ 7.0% cap · market cap 4.77%
Second Best
Retail
$540.6K
$473.0K – $630.7K
NOI $37,840 @ 7.0% cap · market cap 4.23%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
108
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial space combines warehouse, office, and retail areas with upgraded interior finishes and building systems.
Where is this flex space located?
The property is located at 7287 Greenridge 2 Windsor, CO.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 3,348‑square‑foot flex property at 7287 Greenridge Rd, Windsor, CO 80550; Warehouse, office, and retail areas within one commercial unit; Controlled HVAC, warehouse drain, and epoxy‑coated flooring
