Flex Condo with Secure
9341 Commerce Center Street #D5 Highlands Ranch, CO 80129
9341 Commerce Center Street #D5, Highlands Ranch, CO, 80129
$448,500
For Sale
$448,500
Flex condo featuring a mezzanine and built-in metal walled safe.
Property Size1,700 SF
Price / SF$263.82
Days on Market362
Property Features for 9341 Commerce Center Street #D5
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2018
Listing Agency
BANYAN REAL ESTATE LLC
(303) 573-5573
Listed by
CHRIS LAMEE · License #001315204
Source
Corcoran
Added: Jul 25, 2025 Updated: Jul 6 at 7:47 am Checked: Jul 19 at 4:26 am
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
Investment Insights
Based on property information with market context.
This flex condo offers 1,700 square feet of space, including a mezzanine level. A notable feature is the built-in metal-walled walk-in safe, originally designed as a gun safe, providing a secure storage area. The mezzanine includes a drywalled office space and is constructed to support substantial weight. The property is suitable for various uses, including industrial workspace.
Key Highlights
- Unique mezzanine level provides additional square footage and flexible space.
- Built‑in metal walled walk‑in safe, ideal for secure storage.
- 1,700 square feet of total space.
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 | $19.4k | $11.40 |
| − Vacancy | −$581 | −$0.34 |
| EGI | $18.8k | $11.06 |
| − OpEx | −$5.6k | −$3.32 |
| NOI | $13.2k | $7.74 |
1,700 SF · lease $11.40/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$188.0K
$164.5K – $219.3K
NOI $13,159 @ 7.0% cap · market cap 2.93%
Second Best
Flex RnD
$174.6K
$152.7K – $203.7K
NOI $12,219 @ 7.0% cap · market cap 2.72%
Theoretical Best
Specialty Retail
$461.0K
$403.3K – $537.8K
NOI $32,267 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex condo featuring a mezzanine and built-in metal walled safe.
Where is this flex space located?
The property is located at 9341 Commerce Center Street #D5 Highlands Ranch, CO.
What is the asking price?
The asking price for this property is $448,500.
What are key features of this property?
This property features: Unique mezzanine level provides additional square footage and flexible space.; Built‑in metal walled walk‑in safe, ideal for secure storage.; 1,700 square feet of total space.
