Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9658 Havana St Commerce City, CO 80640
    Back to Search
    Property profile & analytics

    9658 Havana St Commerce City, CO 80640

    View on Map
    • Warehouses
    • 16,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 9658 Havana St

    Property size
    16,800 SF
    Property type
    Warehouses
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional 1,500-square-foot warehouse condo, located at 9658 Havana St Unit B01 in Commerce City, Colorado, 80640, is part of The Garage Society, a luxury development offering secure and convenient storage solutions. The unit boasts a single tenancy, ideal for various uses, and features ceiling heights ranging from 16 feet 4 inches to 25 feet 6.5 inches, providing ample vertical space. The space includes a 60-amp power supply with a 120/240V 4-plex outlet, and is zoned for storage and warehousing in Adams County. Large 14x14 or 12x14 roll-up doors and wide drive aisles ensure easy access for vehicles of all sizes, making it suitable for storing recreational vehicles, equipment, or other large items. Standard features include LED lighting and a gas heater. The Garage Society complex provides added value with 24/7 gated access, a clubhouse featuring restrooms, a kitchenette, and meeting/relaxation areas, and even an RV dump station. Phase 1 is sold out, with Phase 2 units now available for sale or lease. This property presents a unique opportunity to acquire a high-quality, secure, and well-amenitized warehouse condo in a prime location. The property is classified as retail and industrial, with a warehouse/distribution subtype. The total building size is 16,800 square feet.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Commerce City
    County
    Adams
    State
    Colorado
    Longitude
    -104.866
    Latitude
    39.8719

    Comparable in this City

    • Value Estimation by Request
      16,800 SF

      9658 Havana St

      Distribution properties • 16,800 SF
      9658 Havana St, Commerce City, CO 80640
      View Details
    • Value Estimation by Request
      21,554 SF

      9658 Havana St

      Automotive properties • 21,554 SF
      9658 Havana St, Commerce City, CO 80640
      View Details
    • Value Estimation by Request
      21,554 SF

      9658 Havana St

      Distribution properties • 21,554 SF
      9658 Havana St, Commerce City, CO 80640
      View Details
    • Value Estimation by Request
      1,125 SF

      9658 Havana St

      Distribution properties • 1,125 SF
      9658 Havana St, Commerce City, CO 80640
      View Details
    • Value Estimation by Request
      21,554 SF

      9658 Havana St

      Distribution properties • 21,554 SF
      9658 Havana St, Commerce City, CO 80640
      View Details
    • Value Estimation by Request
      21,554 SF

      9658 Havana St

      Distribution properties • 21,554 SF
      9658 Havana St, Commerce City, CO 80640
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      39,612 SF

      Modern Industrial Building For Sale

      39,612 SF modern industrial building in Commerce City, Colorado.
      9792 E Hanover Ct, Commerce City, CO 80640
      View Details
    • $1,350,000

      9690 Dallas St, Henderson, CO 80640

      Flex space
      9690 Dallas St, Henderson, CO 80640
      View Details
    • $1,350,000
      5,000 SF

      Industrial/Flex/Retail Showroom Condos For Sale

      5,000 SF industrial/flex/retail showroom condos suitable for various users.
      9690 Dallas St, Henderson, CO 80640
      View Details
    • Contact for pricing
      6,179 SF

      Industrial Building with Outdoor Storage

      Industrial building with outdoor storage along I-76 corridor.
      9725 Brighton Rd, Henderson, CO 80640
      View Details
    • $950,000

      Functional Warehouse with Updated Office

      Two-bay warehouse with office, fenced yard, and highway access.
      10701 East 120Th Ave, Henderson, CO 80640
      View Details
    • $950,000
      1,848 SF

      Functional Two-Bay Warehouse For Sale

      Two-bay warehouse featuring large drive-in doors, 1,848 square feet.
      10701 E 120Th Ave, Henderson, CO 80640
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      16,800 SF

      Luxury Garage Condo Unit B02

      Commerce City Warehouse Space For Sale/Lease
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      21,554 SF

      Luxury Garage Condo Unit C16

      Adams County Warehouse Condo - For Sale/Lease
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      21,554 SF

      Luxury Garage Condo Unit C09

      Commerce City Warehouse Condo - 1,352 SF
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      16,800 SF

      Luxury Garage Condo Unit B03

      Commerce City Warehouse Condo - 1,500 SF Available
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      21,554 SF

      Luxury Garage Condo, Commerce City

      1,100 SF Warehouse Condo For Sale/Lease
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      16,800 SF

      Luxury Garage Condo Unit B09

      Commerce City Warehouse, 1,500 SF Available
      9658 Havana St, Commerce City, CO 80640
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9658 Havana St
    Commerce City, CO 80640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9658 Havana St, Commerce City, CO, 80640
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!