Versatile Industrial Property in
For Sale
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850 Lone Tree Ln, Nunn, CO 80648
50,600 SF industrial property on 9.18 acres for sale.
Property Size50,600 SF
Lot Size9.18 Acres
Price / SF$118.58
Days on Market773
Property Features for 850 Lone Tree Ln
General Information
Standard status
Active
Size
50,600 SF
Lot size
9.18 Acres
Property subtype
Industrial
Building Details
Year Built
2017
Buildings
4
Listing Agency:
Cushman & Wakefield - Fort Collins, Colorado
Listed By:
Jared Goodman · License #CO 40017764
(970) 690-4227
Source:
Crexi
Added: Aug 1, 2024
Changed: Aug 28
Last Checked: Sep 12 at 7:06AM
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.
Located in Nunn, Colorado, the property at 850, 900, and 910 Lone Tree Lane is available for sale or lease. This property includes four buildings totaling 50,600 square feet, situated on three separate lots covering 9.18 acres. The location along Highway 85, between Greeley, CO, and Cheyenne, WY, provides accessibility. Constructed in 2021, two of the buildings are steel free-span structures with clear heights of 20' and 22'. The other two buildings are Quonset style with 16’ overhead doors and 28’ clear height at the peak. The property is suitable for industrial uses, such as warehousing, fabrication, and assembly. Multiple overhead drive-in doors facilitate the handling of heavy industrial equipment throughout the warehouse and shop space. The property features a heavy power supply, with a total of 1,350 amps on site, including 220-volt and 480-volt, 3-phase service. Fenced outside storage is available. The property offers a functional and adaptable layout.
Key Highlights
- Excellent accessibility and versatility on Highway 85.
- Four buildings totaling 50,600 square feet on 9.18 acres.
- Heavy power supply: 1,350 amps on site.
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
$451,159
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
7.52%
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%
$9,023,180
$9.0M
Cap Rate 7%
$6,445,129
$6.4M
Cap Rate 9%
$5,012,878
$5.0M
Market Conditions
NOI Build-Up for 50,600 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
$698.3K $13.80/SF
− Vacancy
−$53.8K −$1.06/SF
EGI
$644.5K $12.74/SF
− OpEx
−$193.4K −$3.82/SF
NOI
$451.2K $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%
$9,023,180
Cap Rate 7%
$6,445,129
Cap Rate 9%
$5,012,878
Alternative Uses
Best Use
Warehouse
$8.06M
$7.06M – $9.41M
NOI $564,434 @ 7.0% cap · market cap 9.41%
Second Best
Industrial
$6.45M
$5.64M – $7.52M
NOI $451,159 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office B
$9.22M
$8.07M – $10.76M
NOI $645,530 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80648, CO
1,261
Population
582
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
97%
High-School Grad
152.8 sq mi
ZIP Area
8
Density / Sq Mi
$92,432
Median Household Income
$58,382
Median Earnings
$2,192
Median Rent
$393,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - 50,600 SF industrial property on 9.18 acres for sale.
Where is this warehouse located?
The property is located at 850 Lone Tree Ln Nunn, CO.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Excellent accessibility and versatility on Highway 85.; Four buildings totaling 50,600 square feet on 9.18 acres.; Heavy power supply: 1,350 amps on site.
