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Warehouse Condo with Overhead Door
For Sale
$220,500

B1-151 Mt Elbert Ave, Dacono, CO 80514

Gated, monitored access and shared clubhouse amenities support a range of warehouse operations.

Property Size980 SF
Price / SF$225
Days on Market13

Property Features for B1-151 Mt Elbert Ave

General Information

Standard status Active
Size 980 SF

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1
Sprinkler System Yes

Additional Details

Asking Price $220,500

Taxes and HOA fees

Annual Taxes $6,519

Amenities

Clubhouse
WiFi
Listing Agency: EXP Commercial LLC
Listed By: Ryan Beckenhauer · License #FA100101496
Source: Exprealty
Added: Sep 25 Changed: Oct 3 Last Checked: Oct 5 at 8:45PM

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 EXP Commercial LLC

Investment Insights

Based on property information with market context.

This warehouse condominium contains 980 square feet, including a 20-square-foot mechanical room at the rear. The space has 16-foot clear height and a 12-foot-wide by 14-foot-tall overhead door, with sprinkler protection. It is within a gated, monitored property.

A shared clubhouse provides bathrooms, a shower, and Wi-Fi. The property is located at B1-151 Mt Elbert Ave in Dacono, Colorado.

Key Highlights

  • 980 square feet with a 20‑square‑foot mechanical room
  • 16‑foot clear height
  • 12‑foot‑wide by 14‑foot‑tall overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,932
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,640 $218.6K
Cap Rate 7%
$156,171 $156.2K
Cap Rate 9%
$121,467 $121.5K
Market Conditions
NOI Build-Up for 980 SF
Gross rent
$14.0K $14.28/SF
− Vacancy
−$1.1K −$1.16/SF
EGI
$12.9K $13.12/SF
− OpEx
−$1.9K −$1.97/SF
NOI
$10.9K $11.15/SF
Area
Weld County, CO
Vacancy
8.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,640
Cap Rate 7%
$156,171
Cap Rate 9%
$121,467

Alternative Uses

Best Use
Warehouse
$156.2K
$136.7K – $182.2K (±1% cap)
NOI $10,932 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$178.6K
$156.3K – $208.4K (±1% cap)
NOI $12,502 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Plumbing Service HVAC Service Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service

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

Lease Details

16 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80514, CO

6,350
Population
2,315
Households
2.7
Avg Household Size
34
Median Age
30%
College-Educated
84%
High-School Grad
9.2 sq mi
ZIP Area
690
Density / Sq Mi
$99,389
Median Household Income
$56,331
Median Earnings
$1,823
Median Rent
$448,200
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Erie Auto Salvage Inc — 4878 E I-25 Frontage Rd, Dacono, CO 80514
  • Flatiron storage yard — 4752 York St, Dacono, CO 80514
  • Garage Unitz — 151 Mount Elbert Avenue, Dacono, CO 80514
  • Climate Controlled Storage by HiveTech — 151 Mt Elbert Ave, Dacono, CO 80514

Frequently Asked Questions

What type of property is this?
Warehouse - Gated, monitored access and shared clubhouse amenities support a range of warehouse operations.
Where is this warehouse located?
The property is located at B1-151 Mt Elbert Ave Dacono, CO.
What is the asking price?
The asking price for this property is $220,500.
What are key features of this property?
This property features: 980 square feet with a 20‑square‑foot mechanical room; 16‑foot clear height; 12‑foot‑wide by 14‑foot‑tall overhead door
More about this property
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