Northglenn Industrial Property For
10855 Irma Drive, Northglenn, CO 80233
9,100 sq ft industrial building on 27,450 sq ft lot.
Type:Commercial
Property size:
9,100 SFLot size:
0.63 AcresPrice / SF:
$219/SF- Added:
- Oct 18, 2025
- Days on Market:
- 227
- Last Refresh:
- Apr 5 at 8:27 pm
Property Features for 10855 Irma Drive
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Lot size
- 0.63 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing agent ANGEL HERNANDEZ License #001313975
Listing office PAISANO REALTY, INC. (303) 455-2555
Listing date Oct 18, 2025
Source Corcoran
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.
HighLights
- Prime location in the heart of Northglenn with convenient access to I‑25 and 104th Avenue.
- Flexible 9,100 sq. ft. building suitable for various industrial or commercial uses.
- Large 27,450 sq. ft. lot with ample parking.
- Zoned for industrial use, offering excellent potential for owner‑users or investors.
- Well‑maintained building.
- Located in an established business corridor.
Overview
This 9,100 sq. ft. industrial property is located in Northglenn. Situated on a 27,450 sq. ft. lot, the well-maintained building offers flexible space suitable for a variety of industrial or commercial uses. The property provides ample parking and convenient access to major transportation corridors, including I-25 and 104th Avenue. Zoned for industrial use, this site offers potential for owner-users or investors seeking a strong location in an established business corridor.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $202.0k | $22.20 |
| − Vacancy | −$9.5k | −$1.04 |
| EGI | $192.5k | $21.16 |
| − OpEx | −$57.8k | −$6.35 |
| NOI | $134.8k | $14.81 |
9,100 SF · lease $22.20/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.93M
$1.68M – $2.25M
NOI $134,768 @ 7.0% cap · market cap 6.74%
Second Best
Warehouse
$1.00M
$876.3K – $1.17M
NOI $70,100 @ 7.0% cap · market cap 3.51%
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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Northglenn
- County
- Adams
- State
- Colorado
- Longitude
- -104.967
- Latitude
- 39.8935
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 9,100 sq ft industrial building on 27,450 sq ft lot.
Where is this flex space located?
The property is located at 10855 Irma Drive 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 location in the heart of Northglenn with convenient access to I‑25 and 104th Avenue.; Flexible 9,100 sq. ft. building suitable for various industrial or commercial uses.; Large 27,450 sq. ft. lot with ample parking.
