Luxury Garage Condos
For Sale
Contact for pricing
9658 Havana St Unit B04, Commerce City, CO 80022
Garage condos for sale or lease with secure, gated access.
Property Size1,500 SF
Price / SF$246
Days on Market870
Property Features for 9658 Havana St Unit B04
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Industrial
Listing Agency:
Personal Warehouse & Red Commercial
Listed By:
Steve Garrison · License #CO
Source:
Crexi
Added: Mar 15, 2024
Changed: Jul 6
Last Checked: Jul 31 at 4:00PM
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.
Luxury garage condos are available for sale or lease. These units feature either 14x14 or 12x14 roll-up doors and large drive aisles designed for accessibility and to accommodate various storage needs. Standard features include LED lights, a gas heater, a 60 amp panel, and a 120/240V 4-plex outlet. Phase 1 is sold out, and Phase 2 is now available. The bays are large enough to accommodate recreational vehicles, with smaller units suited 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 offers 24/7 gated, secure access.
Key Highlights
- 24/7 gated, secure access
- Large drive aisles for ease of accessibility
- Large enough to accommodate large recreational vehicles
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 | $27.7k | $18.48 |
| − Vacancy | −$2.2k | −$1.46 |
| EGI | $25.5k | $17.02 |
| − OpEx | −$7.7k | −$5.11 |
| NOI | $17.9k | $11.91 |
1,500 SF · lease $18.48/SF/yr · vacancy 7.90% · expense 30.00%
Alternative Uses
Best Use
Industrial
$255.3K
$223.4K – $297.9K
NOI $17,871 @ 7.0% cap · market cap 4.84%
Second Best
Self Storage
$238.2K
$208.4K – $277.9K
NOI $16,675 @ 7.0% cap · market cap 4.52%
Theoretical Best
Multifamily LT 5
$22.07M
$19.31M – $25.75M
NOI $1,544,870 @ 7.0% cap · market cap 418.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
Explore this area
Business Placement
Demographics for 80022, CO
57,432
Population
19,929
Households
2.9
Avg Household Size
32
Median Age
22%
College-Educated
80%
High-School Grad
79.6 sq mi
ZIP Area
722
Density / Sq Mi
$98,858
Median Household Income
$50,575
Median Earnings
$1,507
Median Rent
$448,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Garage condos for sale or lease with secure, gated access.
Where is this self storage facility located?
The property is located at 9658 Havana St Unit B04 Commerce City, CO.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 24/7 gated, secure access; Large drive aisles for ease of accessibility; Large enough to accommodate large recreational vehicles
