Flex Space with Crane
New
For Sale
$1,250,000
11575 W 13th, Lakewood, CO 80215
Office and warehouse areas are paired with specialized service infrastructure and a fully enclosed outdoor work area.
Property Size3,820 SF
Lot Size0.24 Acres
Price / SF$327.23
Days on Market3
Property Features for 11575 W 13th
General Information
Standard status
Active
Size
3,820 SF
Total Parking Spaces
9
Lot size
0.24 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
11 ft
Drive-In Doors
1
Additional Details
Property Use
Industrial Manufacturing Flex Space
Taxes and HOA fees
Annual Taxes
$35,148
Amenities
Membrane Roof
Building Details
Year Built
1959
Buildings
1
Listing Agency:
MHLRE, LLC
(303) 505-5194
Listed By:
CRAIG DEBOLT
Source:
Corcoran
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 3:36PM
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 MHLRE, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,820 SF flex property in Lakewood occupies a 0.24-acre lot and combines office space with a warehouse. The shop has 11' clear height, a 10x12 SF drive-in opening, overhead gas heaters, ventilation, compressed air lines, a compressor pit, and perimeter conduit runs. Crane rails are installed inside the warehouse and in the yard. The roof-mounted RTU serving the offices is about 3 years old. Specialty systems, including cranes and air lines, are included as-is; buyers should confirm their operation and suitability. Built in 1959, the property also has parking for 9 vehicles.
A covered, enclosed yard with oversized access doors provides additional space for equipment storage. The property is just off Simms Street and Union Boulevard, with access to 6th Avenue (US-6), I-70, C-470, and Colfax Avenue. Routes connect to downtown Denver, the west metro, Golden, and the mountain corridor.
A covered, enclosed yard with oversized access doors provides additional space for equipment storage. The property is just off Simms Street and Union Boulevard, with access to 6th Avenue (US-6), I-70, C-470, and Colfax Avenue. Routes connect to downtown Denver, the west metro, Golden, and the mountain corridor.
Key Highlights
- 3,820 SF industrial flex building on a 0.24‑acre lot
- Warehouse features 11' clear height and a 10x12 SF drive‑in opening
- Covered, fully enclosed yard has oversized doors and a secondary overhead crane rail
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,711
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,220
$734.2K
Cap Rate 7%
$524,443
$524.4K
Cap Rate 9%
$407,900
$407.9K
Market Conditions
NOI Build-Up for 3,820 SF
Gross rent
$47.0K $12.30/SF
− Vacancy
−$3.8K −$0.99/SF
EGI
$43.2K $11.31/SF
− OpEx
−$6.5K −$1.70/SF
NOI
$36.7K $9.61/SF
Area
Lakewood, CO
Vacancy
8.08%
Lease Rate
$12.30 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,220
Cap Rate 7%
$524,443
Cap Rate 9%
$407,900
Alternative Uses
Best Use
Warehouse
$524.4K
$458.9K – $611.9K
NOI $36,711 @ 7.0% cap · market cap 2.94%
Second Best
Flex RnD
$454.2K
$397.4K – $529.9K
NOI $31,794 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,092 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
11 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80215, CO
19,908
Population
9,156
Households
2.2
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
5.5 sq mi
ZIP Area
3,620
Density / Sq Mi
$85,017
Median Household Income
$49,100
Median Earnings
$1,728
Median Rent
$615,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are paired with specialized service infrastructure and a fully enclosed outdoor work area.
Where is this flex space located?
The property is located at 11575 W 13th Lakewood, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,820 SF industrial flex building on a 0.24‑acre lot; Warehouse features 11' clear height and a 10x12 SF drive‑in opening; Covered, fully enclosed yard has oversized doors and a secondary overhead crane rail
