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Upgraded Flex Condominium with Mezzanine
For Sale
$789,000

9337 Commerce Center #C4, Littleton, CO 80129

Climate-controlled mezzanine, expanded electrical service, and automotive equipment support varied workspace needs.

Property Size2,900 SF
Price / SF$272.07
Days on Market103

Property Features for 9337 Commerce Center #C4

General Information

Standard status Active
Size 2,900 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $22,420

Amenities

security and surveillance system

Building Details

Year Built 2018
Listing Agency: BANYAN REAL ESTATE LLC
Listed By: CHRIS LAMEE · License #001315204
Source: Corcoran
Added: Jul 24 Changed: Oct 28 Last Checked: Nov 3 at 5:55AM

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 BANYAN REAL ESTATE LLC

Rey
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Investment Insights

Based on property information with market context.

Located at 9337 Commerce Center #C4 in Littleton, this 2,900-square-foot flex condominium includes a mezzanine and was built in 2018. The interior has stained and sealed concrete floors, upgraded lighting, three ceiling fans, and expanded electrical service with a 220V outlet. The mezzanine is climate-controlled by a Fujitsu mini-split system, while two gas heaters serve the main level.

Designed for functional workspace and storage, the unit includes three car lifts, industrial storage racks, and a newer commercial garage door opener. Additional improvements include an on-site bathroom with an instant hot water heater, a utility sink, and an interior hose bib at the front of the unit. A security and surveillance system is also installed.

Key Highlights

  • 2,900‑square‑foot flex condominium with mezzanine
  • Built in 2018 with stained and sealed concrete floors
  • Expanded electrical service includes a 220V outlet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,737
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,194,740 $1.2M
Cap Rate 7%
$853,386 $853.4K
Cap Rate 9%
$663,744 $663.7K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$87.3K $30.12/SF
− Vacancy
−$2.0K −$0.69/SF
EGI
$85.3K $29.43/SF
− OpEx
−$25.6K −$8.83/SF
NOI
$59.7K $20.60/SF
Area
Douglas County, CO
Vacancy
2.30%
Lease Rate
$30.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,194,740
Cap Rate 7%
$853,386
Cap Rate 9%
$663,744

Alternative Uses

Best Use
Retail
$853.4K
$746.7K – $995.6K (±1% cap)
NOI $59,737 @ 7.0% cap · market cap 7.57%
Second Best
Industrial
$591.2K
$517.3K – $689.7K (±1% cap)
NOI $41,384 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$996.1K
$871.6K – $1.16M (±1% cap)
NOI $69,727 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Furniture & Home Goods Electrical Service Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80129, CO

29,703
Population
12,674
Households
2.3
Avg Household Size
41
Median Age
63%
College-Educated
99%
High-School Grad
7.0 sq mi
ZIP Area
4,243
Density / Sq Mi
$136,915
Median Household Income
$71,865
Median Earnings
$2,283
Median Rent
$643,400
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Climate-controlled mezzanine, expanded electrical service, and automotive equipment support varied workspace needs.
Where is this flex space located?
The property is located at 9337 Commerce Center #C4 Littleton, CO.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: 2,900‑square‑foot flex condominium with mezzanine; Built in 2018 with stained and sealed concrete floors; Expanded electrical service includes a 220V outlet
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