Denver Flex Space Investment
Location 822 & 824 E 78th Avenue Denver, CO 80229
Location 822 & 824 E 78th Avenue, Denver, CO, 80229
$750,000
For Sale
$750,000
3,750 sq. ft. Office: ~1,000 SF | Warehouse: ~2,750 SF For Sale
Property Size3,750 SF
Lot Size0.09 Acres
Price / SF$200
AddedJan 31, 2025
Days on Market530
Last RefreshMar 16 at 9:06 am
Property Features for Location 822 & 824 E 78th Avenue
General Information
- Standard status
- Active
- Property type
- Flex space, Warehouses, Office Units, Industrial properties, Office Spaces
- Size
- 3,750 SF
- Elevators
- N/A
- Lot size
- 0.09 Acres
Building Details
- Buildings
- 1
- Stories
- 1
Listing agent Paul (303) 596-4091
Listing office (303) 596-4091
Listing date Jan 31, 2025
Investment Insights
Based on property information with market context.
Located at 822 & 824 E 78th Avenue in Denver, Colorado, this property offers a combined 3,750 square feet of flex space suitable for a variety of businesses. The property includes two units. One unit provides approximately 1,000 square feet of office space, featuring a reception/waiting area, an open work area suitable for 4-6 employees, a kitchen, and a restroom. The other unit offers approximately 2,750 square feet of warehouse space, ideal for warehouse and light assembly operations. This warehouse component features 22-foot ceilings and a 14-foot drive-in door for efficient loading and unloading. The property is situated on a 0.086-acre lot. The combination of office and warehouse space makes this property adaptable to diverse business needs.
Local Financial Insights For Office B
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 | $82.4k | $21.96 |
| − Vacancy | −$21.4k | −$5.71 |
| EGI | $60.9k | $16.25 |
| − OpEx | −$15.2k | −$4.06 |
| NOI | $45.7k | $12.19 |
3,750 SF · lease $21.96/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$652.9K
$571.3K – $761.7K
NOI $45,704 @ 7.0% cap · market cap 6.09%
Second Best
Flex RnD
$576.6K
$504.6K – $672.8K
NOI $40,365 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$1.14M
$996.0K – $1.33M
NOI $79,683 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flux Customs
Powder Coating Service
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FAQs
What type of property is this?
Flex space - 3,750 sq. ft. Office: ~1,000 SF | Warehouse: ~2,750 SF For Sale
Where is this flex space located?
The property is located at Location 822 & 824 E 78th Avenue Denver, CO.
What is the asking price?
The asking price for this property is $750,000.
