Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    151 Mt Elbert Ave Dacono, CO 80514-8808

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    151 Mt Elbert Ave Dacono, CO 80514-8808

    View on Map
    • Specialty properties
    • 1,500 SF
    Off-Market
    Last Sale Nov 16, 2020
    $160,000
    Property ID
    US13-1886699
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 151 Mt Elbert Ave

    Year built
    2013
    Property size
    1,500 SF
    Property type
    Specialty properties
    APN
    R6787737
    APU
    R6787737

    Description

    Own your spacious 1,100-square-foot industrial unit in Dacono, Colorado. This 22' x 50' unit boasts 16-foot ceilings and a wide 16'W x 14'H overhead door with an electric opener, keypad, and pressure sensor. The unit includes a 3 kW, 1,500 CFM two-stage electric unit heater, a rear man door, and several upgrades for enhanced functionality and efficiency. These upgrades include a professionally installed epoxy floor coating, a triple-insulated ceiling, and upgraded LED lighting. Electrical provisions are robust, featuring a 125-amp, single-phase electrical panel and a 50-amp RV receptacle. Additional features include six two-bulb fluorescent lights, two duplex receptacles, one four-plex receptacle, insulated walls and ceilings with Galvalume liner panels, and a sprinkler system. The secure, gated community offers 24/7 keypad access, digital security cameras, wide 65-foot drive aisles ideal for RVs, and an on-site RV dump station. A 1,500-square-foot clubhouse provides amenities such as bathrooms, showers, a conference room, sink, refrigerator, and a TV. Conveniently located with easy access to I-25, this property is perfect for storing cars, boats, trucks, RVs, or other valuable possessions. External water hydrants are available for owner use. The 0.02-acre lot provides ample space for this versatile industrial unit.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dacono
    County
    Weld
    State
    Colorado
    Longitude
    -104.974
    Latitude
    40.0743
    CBSA code
    24540
    CBSA name
    GREELEY, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      576 SF

      3302 Switchgrass St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 576 SF
      3302 Switchgrass St, Dacono, CO 80514
      View Details
    • Value Estimation by Request

      52 & William Bailey Ave

      Land
      52 & William Bailey Ave, Frederick, CO 80514
      View Details
    • Value Estimation by Request
      1.02 Acres

      Dacono, CO 80514

      INDUSTRIAL (GENERAL) • 1.02 Acres
      Dacono, CO 80514
      View Details
    • Value Estimation by Request
      1,440 SF

      151 Mt Elbert Ave, Unit H8

      CONDOMINIUMS (INDUSTRIAL) • 1,440 SF
      151 Mt Elbert Ave, Dacono, CO 80514-8808
      View Details
    • Value Estimation by Request
      2,250 SF

      151 Mt Elbert Ave, Unit C2

      CONDOMINIUMS (INDUSTRIAL) • 2,250 SF
      151 Mt Elbert Ave, Dacono, CO 80514-8808
      View Details
    • Value Estimation by Request
      2,000 SF

      373 2nd St

      WAREHOUSE, STORAGE • 2,000 SF
      373 2nd St, Erie, CO 80514-9404
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Highway 52 Commercial Land

      21-acre commercial land with highway frontage in Dacono, Colorado.
      5998 State Highway 52, Dacono, CO 80514
      View Details
    • Contact for pricing

      Silverstone Marketplace Development Opportunity

      Commercial land for sale, King Soopers anchor coming 2025.
      Frederick CO Hwy 52 & Colorado Blvd, Dacono, CO 80514
      View Details
    • $350,000

      Dacono Office Space For Sale

      Central Dacono office space in solid brick building.
      217 4Th St, Dacono, CO 80514
      View Details
    • Contact for pricing
      3,583 SF

      Dacono Office and Shop Building

      Office building with shop space, fenced and surfaced.
      4738 Grandview Blvd, Dacono, CO 80514
      View Details
    • $1,225,000

      Established Liquor Store with Drive-Thru

      Profitable liquor store with real estate in high-growth Dacono.
      901 Carbondale Dr, Dacono, CO 80514
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Pads & Shop Space

      Retail pads and shop space available in new shopping center.
      6239 Colorado Blvd, Dacono, CO 80514
      View Details
    • Contact for pricing

      Retail Pads in Master Development

      Retail pads available within a large, growing residential development.
      52 & William Bailey Ave, Frederick, CO 80514
      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.
    151 Mt Elbert Ave
    Dacono, CO 80514-8808
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!