Flex Condominium with
For Sale
$789,000
C4-9337 Commerce Center St, Highlands Ranch, CO 80129
Upgraded industrial workspace with climate-controlled mezzanine, automotive equipment, enhanced electrical service, and dedicated utility features.
Property Size2,900 SF
Price / SF$272.07
Days on Market105
Property Features for C4-9337 Commerce Center St
General Information
Standard status
Active
Size
2,900 SF
Taxes and HOA fees
Annual Taxes
$22,420
Amenities
security and surveillance system
Listing Agency:
Banyan Real Estate LLC
(303) 573-5573
Listed By:
Chris Lamee · License #001315204
(303) 748-3843
Source:
Exprealty
Added: Jul 23
Changed: Oct 25
Last Checked: Nov 3 at 9:22AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,900-square-foot flex condominium includes a mezzanine and is configured for industrial workspace, secure storage, automotive projects, or workshop use. Interior improvements include stained and sealed concrete floors, upgraded lighting, three ceiling fans, expanded electrical service with a 220V outlet, and heating through two gas space heaters. The mezzanine has dedicated climate control from a Fujitsu mini-split air conditioning system.
The unit is equipped with three car lifts, industrial storage racks, a newer commercial garage door opener, and an on-site bathroom with an instant hot water heater. A utility sink and interior hose bib support shop and maintenance activities, while the security and surveillance system adds an installed monitoring feature. The property is located at C4-9337 Commerce Center St in Highlands Ranch, Colorado.
The unit is equipped with three car lifts, industrial storage racks, a newer commercial garage door opener, and an on-site bathroom with an instant hot water heater. A utility sink and interior hose bib support shop and maintenance activities, while the security and surveillance system adds an installed monitoring feature. The property is located at C4-9337 Commerce Center St in Highlands Ranch, Colorado.
Key Highlights
- 2,900‑square‑foot flex condominium with mezzanine
- Three car lifts and industrial storage racks included
- Expanded electrical service with 220V outlet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,258
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,160
$545.2K
Cap Rate 7%
$389,400
$389.4K
Cap Rate 9%
$302,867
$302.9K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$33.1K $11.40/SF
− Vacancy
−$992 −$0.34/SF
EGI
$32.1K $11.06/SF
− OpEx
−$4.8K −$1.66/SF
NOI
$27.3K $9.40/SF
Area
Highlands Ranch, CO
Vacancy
3.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,160
Cap Rate 7%
$389,400
Cap Rate 9%
$302,867
Alternative Uses
Best Use
Warehouse
$389.4K
$340.7K – $454.3K
NOI $27,258 @ 7.0% cap · market cap 3.45%
Second Best
Industrial
$320.7K
$280.6K – $374.1K
NOI $22,448 @ 7.0% cap · market cap 2.85%
Theoretical Best
Specialty Retail
$786.3K
$688.1K – $917.4K
NOI $55,044 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Flex space - Upgraded industrial workspace with climate-controlled mezzanine, automotive equipment, enhanced electrical service, and dedicated utility features.
Where is this flex space located?
The property is located at C4-9337 Commerce Center St Highlands Ranch, 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; Three car lifts and industrial storage racks included; Expanded electrical service with 220V outlet
