Property profile

5335 Sterling Dr Boulder, CO 80301

FOR SALE
Industrial properties
Property ID
US13-2829016
22,065 SF 1.15 ac lot Built 1997
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 22,065 square foot commercial property, situated on a 1.15-acre lot at 5335 Sterling Drive in Boulder, Colorado, presents a unique investment opportunity. The building boasts a substantial warehouse area featuring three dock-high overhead doors with drive-in access and a dock leveler, ideal for efficient loading and unloading. The warehouse itself offers a generous 16-foot clear height, perfect for various uses including manufacturing, research and development, or storage. Beyond the warehouse, the property includes a spacious second floor with a blend of open work areas and private perimeter offices, all enhanced by large windows providing abundant natural light. Additional amenities on the second floor include multiple conference rooms, an elevator, and convenient shower and locker rooms for employees. The property also features a large parking lot with 75 spaces, providing a generous 3.5 spaces per 1,000 square feet. The exterior is beautifully landscaped with mature trees, creating a pleasant and professional environment. Currently leased to Giant Bicycle through September 2025, this property offers a strong income stream with potential for future growth and redevelopment. The combination of warehouse space, office accommodations, ample parking, and desirable Boulder location makes this an attractive investment for discerning buyers.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1997
Construction CONCRETE
Total area 22,065 SF
Lot 1.15 ac (50,138 SF)
Zoning code 3110
APN 1463-28-0-22-002
UPID US13-2829016

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility
  • Big Box & Wholesale Store

Location

5335 Sterling Dr Boulder, CO 80301
Boulder metro Census 12208 BOULDER, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$690k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2018
$425,000
2014
$2.8M
2006
$2.7M
1969
Price N/A

Zoning & alternative use

3110 · Boulder, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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