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Customizable Flex Space For Sale

1008 South I-25 Unit B09 Castle Rock, CO 80104

1008 South I-25 Unit B09, Castle Rock, CO, 80104
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For Sale
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Affordable, customizable flex space suitable for business, storage, or recreation.

Property Size1,200 SF
Price / SF$425.25
AddedSep 26, 2022
Days on Market1389
Last RefreshMay 12 at 8:42 pm

Property Features for 1008 South I-25 Unit B09

General Information

Standard status
Active
Size
1,200 SF
Property subtype
Office, Industrial

Listing office Personal Warehouse & Red Commercial

Listing date Sep 26, 2022

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


Investment Insights

Based on property information with market context.

This 1200 square foot flex space offers customizable interiors and standard amenities including HVAC, power, security, and unlimited access. It is suitable for business, storage, or recreational purposes. The property is part of a small bay warehouse and incubator industry, offering a unique space ownership opportunity.

Key Highlights

  • Customizable Interiors: Adapt the space to suit various needs.
  • Standard Amenities: Includes HVAC, power, and security.
  • Unlimited Access: Provides convenient and unrestricted access.

Local Financial Insights For Industrial

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 $24.9k $20.76
− Vacancy −$448 −$0.37
EGI $24.5k $20.39
− OpEx −$7.3k −$6.12
NOI $17.1k $14.27
1,200 SF · lease $20.76/SF/yr · vacancy 1.80% · expense 30.00%

Alternative Uses

Best Use
Industrial
$244.6K
$214.1K – $285.4K (±1% cap)
NOI $17,125 @ 7.0% cap · market cap 3.36%
Second Best
Flex RnD
$223.7K
$195.7K – $261.0K (±1% cap)
NOI $15,658 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$412.2K
$360.7K – $480.9K (±1% cap)
NOI $28,852 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store Butcher Furniture & Home Goods (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Flex space - Affordable, customizable flex space suitable for business, storage, or recreation.
Where is this flex space located?
The property is located at 1008 South I-25 Unit B09 Castle Rock, CO.
What is the asking price?
The asking price for this property is $510,300.
What are key features of this property?
This property features: Customizable Interiors: Adapt the space to suit various needs.; Standard Amenities: Includes HVAC, power, and security.; Unlimited Access: Provides convenient and unrestricted access.
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