Radiant Heated Flex Space
For Sale
$200,000
B-6-341 1st St, Mead, CO 80542
Fully insulated flex warehouse condo with radiant in-floor heat, private restroom, and a 14' x 14' overhead garage door.
Property Size1,000 SF
Price / SF$200
Days on Market37
Property Features for B-6-341 1st St
General Information
Standard status
Active
Size
1,000 SF
Warehouse & Industrial
Drive-In Doors
1
Power
100 amps
Voltage
220 V
Additional Details
Highway Access
Yes
Amenities
onsite car wash
onsite fresh water station
dump station
radiant in-floor heat
epoxy-coated concrete floors
private restroom with deep utility sink
fully fenced and secure gated community
Listing Agency:
RE/MAX Nexus
(970) 556-0635
Listed By:
Abby Renner · License #40029855
(970) 556-0635
Source:
Exprealty
Added: Jun 25
Changed: Jul 30
Last Checked: Jul 30 at 12:18PM
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 RE/MAX Nexus
Investment Insights
Based on property information with market context.
Premium flex space warehouse condo at Ultimate Garage Club in Mead, Colorado, designed for storage and light warehouse use. The fully insulated unit includes efficient radiant in-floor heat and durable epoxy-coated concrete floors. A private restroom with a deep utility sink supports day-to-day work needs.
Convenient, direct access is provided by a 14' x 14' overhead garage door with automatic opener. Electrical service includes a 220V/100-amp plus 50 amp outlet, supporting a wide range of applications. The unit is located in a fully fenced, secure gated community.
On-site amenities further support vehicle and equipment use, including an on-site car wash, an on-site fresh water station, and a dump station. The property is also just one mile west of I-25 for easy access throughout Northern Colorado and the Front Range.
Convenient, direct access is provided by a 14' x 14' overhead garage door with automatic opener. Electrical service includes a 220V/100-amp plus 50 amp outlet, supporting a wide range of applications. The unit is located in a fully fenced, secure gated community.
On-site amenities further support vehicle and equipment use, including an on-site car wash, an on-site fresh water station, and a dump station. The property is also just one mile west of I-25 for easy access throughout Northern Colorado and the Front Range.
Key Highlights
- 1000 SF insulated flex space condo at Ultimate Garage Club in Mead, CO
- Radiant in‑floor heat and epoxy‑coated concrete floors
- 14' x 14' overhead garage door with automatic opener
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 | $14.3k | $14.28 |
| − Vacancy | −$1.2k | −$1.16 |
| EGI | $13.1k | $13.12 |
| − OpEx | −$2.0k | −$1.97 |
| NOI | $11.2k | $11.15 |
1,000 SF · lease $14.28/SF/yr · vacancy 8.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$159.4K
$139.4K – $185.9K
NOI $11,155 @ 7.0% cap · market cap 5.58%
Second Best
Industrial
$127.4K
$111.5K – $148.6K
NOI $8,916 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office B
$182.3K
$159.5K – $212.6K
NOI $12,758 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80542, CO
4,841
Population
1,778
Households
2.7
Avg Household Size
40
Median Age
52%
College-Educated
93%
High-School Grad
9.2 sq mi
ZIP Area
526
Density / Sq Mi
$127,500
Median Household Income
$58,578
Median Earnings
$2,694
Median Rent
$590,500
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?
Flex space - Fully insulated flex warehouse condo with radiant in-floor heat, private restroom, and a 14' x 14' overhead garage door.
Where is this flex space located?
The property is located at B-6-341 1st St Mead, CO.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1000 SF insulated flex space condo at Ultimate Garage Club in Mead, CO; Radiant in‑floor heat and epoxy‑coated concrete floors; 14' x 14' overhead garage door with automatic opener
