Berthoud Warehouse and Greenhouse
806 N 2nd St Berthoud, CO 80513
For Sale
Contact for pricing
18,994 SF Berthoud property with warehouse and greenhouse.
Property Size7,742 SF
Price / SF$142.08
Days on Market1871
Property Features for 806 N 2nd St
General Information
Standard status
Active
Size
7,742 SF
Property subtype
Industrial
Listing Agency:
CBRE - Fort Collins
(970) 372-3852
Listed By:
Julius Tabert · License #CO FA40037286
Source:
Crexi
Added: Jun 16, 2021
Changed: Jul 10
Last Checked: Jul 29 at 4:21AM
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 CBRE - Fort Collins
Investment Insights
Based on property information with market context.
Located in Berthoud, Colorado, approximately halfway between Fort Collins and Denver along the Front Range Urban Corridor, this property features a total of 18,994 square feet. The property includes a 7,742-square-foot warehouse with a lease rate of $9.00 per square foot NNN, and a fully equipped 11,252-square-foot greenhouse with a lease rate of $2.99/MG. Berthoud is a Statutory Town in Larimer and Weld counties, situated in the north-central part of the state.
Key Highlights
- Total property size of 18,994 SF.
- Includes a 7,742 SF warehouse with a $9.00/SF NNN lease rate.
- Features an 11,252 SF fully equipped greenhouse with a $2.99/MG lease rate.
Financial Insights For Warehouse
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 | $107.3k | $13.86 |
| − Vacancy | −$9.2k | −$1.19 |
| EGI | $98.1k | $12.67 |
| − OpEx | −$14.7k | −$1.90 |
| NOI | $83.4k | $10.77 |
7,742 SF · lease $13.86/SF/yr · vacancy 8.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.19M
$1.04M – $1.39M
NOI $83,365 @ 7.0% cap · market cap 7.58%
Second Best
Industrial
$980.8K
$858.2K – $1.14M
NOI $68,653 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$2.08M
$1.82M – $2.42M
NOI $145,465 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - 18,994 SF Berthoud property with warehouse and greenhouse.
Where is this warehouse located?
The property is located at 806 N 2nd St Berthoud, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Total property size of 18,994 SF.; Includes a 7,742 SF warehouse with a $9.00/SF NNN lease rate.; Features an 11,252 SF fully equipped greenhouse with a $2.99/MG lease rate.