Northglenn Industrial Property For
For Sale
$2,000,000
10855 Irma Dr, Northglenn, CO 80233
7,074 sq. ft. industrial building on 27,450 sq. ft. lot.
Property Size9,100 SF
Price / SF$219.78
Days on Market313
Property Features for 10855 Irma Dr
General Information
Standard status
Active
Size
9,100 SF
Building Details
Year Built
1987
Listing Agency:
Paisano Realty, Inc.
Listed By:
Angel Hernandez · License #278049988
(303) 947-7077
Source:
Teamuniteddenver
Added: Nov 28, 2025
Changed: Sep 15
Last Checked: Oct 5 at 7:45PM
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 Paisano Realty, Inc.
Investment Insights
Based on property information with market context.
This industrial property is located in Northglenn. The 7,074 sq. ft. building is situated on a 27,450 sq. ft. lot and offers flexible space suitable for a variety of industrial or commercial uses. The property is zoned for industrial use and provides ample parking. It also offers convenient access to major transportation corridors, including I-25 and 104th Avenue. This well-maintained building is suitable for owner-users or investors seeking a location in an established business corridor.
Key Highlights
- Prime industrial location in Northglenn with convenient access to I‑25 and 104th Avenue.
- Flexible 7,074 sq. ft. building suitable for various industrial or commercial uses.
- Substantial 27,450 sq. ft. lot with ample parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,902
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,040
$1.2M
Cap Rate 7%
$884,314
$884.3K
Cap Rate 9%
$687,800
$687.8K
Market Conditions
NOI Build-Up for 9,100 SF
Gross rent
$103.7K $11.40/SF
− Vacancy
−$8.5K −$0.93/SF
EGI
$95.2K $10.47/SF
− OpEx
−$33.3K −$3.66/SF
NOI
$61.9K $6.80/SF
Area
ZIP 80233
Vacancy
8.20%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,040
Cap Rate 7%
$884,314
Cap Rate 9%
$687,800
Alternative Uses
Best Use
Flex RnD
$884.3K
$773.8K – $1.03M
NOI $61,902 @ 7.0% cap · market cap 3.10%
Second Best
Industrial
$853.2K
$746.6K – $995.4K
NOI $59,724 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$2.74M
$2.40M – $3.20M
NOI $191,917 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
Demographics for 80233, CO
48,050
Population
18,309
Households
2.6
Avg Household Size
35
Median Age
26%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
5,280
Density / Sq Mi
$85,132
Median Household Income
$45,772
Median Earnings
$1,863
Median Rent
$441,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Industrial property - 7,074 sq. ft. industrial building on 27,450 sq. ft. lot.
Where is this industrial property located?
The property is located at 10855 Irma Dr Northglenn, CO.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime industrial location in Northglenn with convenient access to I‑25 and 104th Avenue.; Flexible 7,074 sq. ft. building suitable for various industrial or commercial uses.; Substantial 27,450 sq. ft. lot with ample parking.
