Heated RV Garage Storage
For Sale
$159,000
F11-501 W Airport Blvd, Hayden, CO
Secure, heated RV garage storage with a large overhead door and gated access for convenient off-airport vehicle storage.
Property Size613 SF
Price / SF$259.38
Days on Market62
Property Features for F11-501 W Airport Blvd
General Information
Standard status
Active
Size
613 SF
Additional Details
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$4,450
Listing Agency:
Steamboat Real Estate, Inc
(970) 846-3149
Listed By:
Mitch Clementson · License #1059535
(970) 846-3149
Source:
Exprealty
Added: Jun 11
Changed: Aug 8
Last Checked: Aug 11 at 10:02AM
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 Steamboat Real Estate, Inc
Investment Insights
Based on property information with market context.
This property is a heated, secure RV/garage storage unit of approximately 613 square feet within a gated facility. The interior measures approximately 13'11" by 43'5", served by a large overhead door opening measuring 12' wide by 14' high. Ownership also includes access to a private Owner’s Lounge with a lavatory and internet. The unit is described as an auto and RV garage setup.
The storage complex is located adjacent to the Yampa Valley Regional Airport in Hayden, Colorado, and is described as just past the Hayden Regional Airport on RCR 51. The property remarks also note an on-call shuttle service to the airport for convenience.
This is a straightforward fit for owners looking to store an RV or seasonal vehicles in a secure, climate-controlled unit close to the airport. HOA dues are $620.70 per quarter and include heat and electric. The sale is subject to a 1031 tax-deferred exchange.
The storage complex is located adjacent to the Yampa Valley Regional Airport in Hayden, Colorado, and is described as just past the Hayden Regional Airport on RCR 51. The property remarks also note an on-call shuttle service to the airport for convenience.
This is a straightforward fit for owners looking to store an RV or seasonal vehicles in a secure, climate-controlled unit close to the airport. HOA dues are $620.70 per quarter and include heat and electric. The sale is subject to a 1031 tax-deferred exchange.
Key Highlights
- 613 SF heated, secure RV garage storage unit adjacent to Yampa Valley Regional Airport in Hayden, CO
- Approx. 13'11" x 43'5" interior measurements with a large overhead door opening 12' wide x 14' high
- Gated, secure complex with an on‑site private Owner's Lounge with lavatory and internet access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$5,747
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$114,940
$114.9K
Cap Rate 7%
$82,100
$82.1K
Cap Rate 9%
$63,856
$63.9K
Market Conditions
NOI Build-Up for 613 SF
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.
Gross rent
$8.8K $14.40/SF
− Vacancy
−$618 −$1.01/SF
EGI
$8.2K $13.39/SF
− OpEx
−$2.5K −$4.02/SF
NOI
$5.7K $9.37/SF
Area
Routt County, CO
Vacancy
7.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$114,940
Cap Rate 7%
$82,100
Cap Rate 9%
$63,856
Alternative Uses
Best Use
Warehouse
$245.2K
$214.5K – $286.0K
NOI $17,162 @ 7.0% cap · market cap 10.79%
Second Best
Self Storage
$82.1K
$71.8K – $95.8K
NOI $5,747 @ 7.0% cap · market cap 3.61%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
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 - Secure, heated RV garage storage with a large overhead door and gated access for convenient off-airport vehicle storage.
Where is this self storage facility located?
The property is located at F11-501 W Airport Blvd Hayden, CO.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 613 SF heated, secure RV garage storage unit adjacent to Yampa Valley Regional Airport in Hayden, CO; Approx. 13'11" x 43'5" interior measurements with a large overhead door opening 12' wide x 14' high; Gated, secure complex with an on‑site private Owner's Lounge with lavatory and internet access
