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    Functional Warehouse in Lakewood, Colorado Title is generated by Realmo AI

    1200 Simms St, Lakewood, CO

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    Well-maintained warehouse property with excellent access and visibility.

    Type:INDUSTRIAL
    Property size:
    12,800 SF
    Lot size:
    0.98 Acres
    Price / SF:
    $148/SF
    Added:
    Oct 24, 2022
    Days on Market:
    1329
    Last Refresh:
    May 19 at 9:26 pm

    Property Features for 1200 Simms St

    General Information

    Standard status
    Active
    Size
    12,800 SF
    Lot size
    0.98 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Mike Haley
    Mike Haley

    Listing agent Mike Haley

    Listing office Fuller Real Estate

    Listing date Oct 24, 2022

    Source Moodyscre

    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 Fuller Real Estate

    HighLights

    • Excellent visibility and access from Simms Street.
    • Convenient location: one‑half mile from 6th Avenue, providing easy access to I‑70 and downtown Denver.
    • Functional and well‑maintained warehouse property.
    • Flexible space suitable for warehouse, showroom, distribution, and light manufacturing.
    • Concrete block construction ensures long‑term structural integrity and low maintenance.
    • Small outdoor storage area located in the back of the building.

    Overview

    The property at 1200 Simms Street in Lakewood, Colorado, presents an opportunity for an investor or user to own a functional warehouse. The building features concrete block construction, designed for structural integrity and reduced maintenance. The property is located a half-mile from 6th Avenue, providing access to I-70 and downtown Denver. The property offers visibility and access from Simms Street. The 12,800 square foot space is suitable for warehouse, showroom, distribution, and light manufacturing uses. An outdoor storage area is located at the back of the building.

    Local Financial Insights For Warehouse

    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 $157.4k $12.30
    − Vacancy −$12.7k −$0.99
    EGI $144.7k $11.31
    − OpEx −$21.7k −$1.70
    NOI $123.0k $9.61
    12,800 SF · lease $12.30/SF/yr · vacancy 8.08% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.76M
    $1.54M – $2.05M (±1% cap)
    NOI $123,011 @ 7.0% cap · market cap 6.49%
    Second Best
    Industrial
    $1.45M
    $1.27M – $1.69M (±1% cap)
    NOI $101,303 @ 7.0% cap · market cap 5.35%
    Theoretical Best
    Office A
    $3.83M
    $3.35M – $4.47M (±1% cap)
    NOI $268,370 @ 7.0% cap · market cap 14.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The Intrigue Auto Collection — 11100 w 8th ave, lakewood, co 80215
    • Public Storage — 850 Simms St, Golden, CO 80401
    • Shut & Lock Self Storage — 11700 W 8th Ave, Golden, CO 80401
    • Self Storage — 200 union blvd, lakewood, co 80228

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.108
    Latitude
    39.7776

    FAQs

    What type of property is this?
    Warehouse - Well-maintained warehouse property with excellent access and visibility.
    Where is this warehouse located?
    The property is located at 1200 Simms St Lakewood, CO.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: Excellent visibility and access from Simms Street.; Convenient location: one‑half mile from 6th Avenue, providing easy access to I‑70 and downtown Denver.; Functional and well‑maintained warehouse property.
    (720) 309-3413 Call to check price and availability
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