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    Luxury Garage Condos For Sale Title is generated by Realmo AI

    9658 Havana St Unit B02, Commerce City, CO 80022

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    Luxury garage condos with large drive aisles for accessibility.

    Type:Retail, Industrial
    Property size:
    1,500 SF
    Price / SF:
    $240/SF
    Added:
    Mar 15, 2024
    Days on Market:
    844
    Last Refresh:
    Jun 28 at 12:45 pm

    Property Features for 9658 Havana St Unit B02

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Property subtype
    Retail, Industrial

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    Steve Garrison
    Steve Garrison

    Listing office Personal Warehouse & Red Commercial

    Listing date Mar 15, 2024

    Source Crexi

    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 Personal Warehouse & Red Commercial

    HighLights

    • 24/7 gated, secure access for peace of mind.
    • Large drive aisles for ease of accessibility.
    • Large enough to accommodate large recreational vehicles.
    • RV Dump Station on property for added convenience.
    • Clubhouse with restrooms, kitchenette, meeting and relaxation areas.
    • Units come standard with LED Lights, Gas Heater, and 60 amp panel.

    Overview

    Luxury garage condos are available for sale or for lease. Units feature 14x14 or 12x14 roll-up doors and large drive aisles to accommodate all storage needs. Standard features include LED lights, a gas heater, a 60 amp panel, and a 120/240V 4-plex outlet. The bays are large enough to accommodate large recreational vehicles, with smaller units suitable for residential or equipment storage. The property includes an RV dump station and a clubhouse with two restrooms, a kitchenette, and meeting and relaxation areas. The project provides 24/7 gated, secure access.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $40.5k $27.00
    − Vacancy −$1.8k −$1.19
    EGI $38.7k $25.81
    − OpEx −$11.6k −$7.74
    NOI $27.1k $18.07
    1,500 SF · lease $27.00/SF/yr · vacancy 4.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $387.2K
    $338.8K – $451.7K (±1% cap)
    NOI $27,103 @ 7.0% cap · market cap 7.53%
    Second Best
    Industrial
    $255.3K
    $223.4K – $297.9K (±1% cap)
    NOI $17,871 @ 7.0% cap · market cap 4.96%
    Theoretical Best
    Multifamily LT 5
    $22.07M
    $19.31M – $25.75M (±1% cap)
    NOI $1,544,870 @ 7.0% cap · market cap 429.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Real Estate Agency Restaurant Department Store Food Market Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Coworking & Hybrid Office Butcher Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Commerce City
    County
    Adams
    State
    Colorado
    Longitude
    -104.8669911
    Latitude
    39.8712758

    FAQs

    What type of property is this?
    Self storage facility - Luxury garage condos with large drive aisles for accessibility.
    Where is this self storage facility located?
    The property is located at 9658 Havana St Unit B02 Commerce City, CO.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: 24/7 gated, secure access for peace of mind.; Large drive aisles for ease of accessibility.; Large enough to accommodate large recreational vehicles.
    More about this property
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