Denver Industrial Building For
4230 Elati St Denver, CO
4230 Elati St, Denver, CO, 00000
Contact for pricing
For Sale
Contact for pricing
16,460 SF industrial building in sought-after Fox North neighborhood.
Property Size16,460 SF
Lot Size0.82 Acres
Price / SF$252.13
Days on Market1389
Property Features for 4230 Elati St
General Information
- Standard status
- Active
- Size
- 16,460 SF
- Lot size
- 0.82 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Gruber Commercial RE Services
(720) 490-1442
Listed by
Russell Gruber
(720) 490-1442
Source
Moodyscre
Added: Sep 29, 2022 Checked: Jul 17 at 5:50 am
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 Gruber Commercial RE Services
Investment Insights
Based on property information with market context.
The property at 4230 Elati Street, Denver, Colorado, is a 16,460 square foot Twin-T industrial building. It is situated on a 35,875 square foot corner site. The property benefits from an 8-Story up-zoning that has already been completed. The location is in the Fox North neighborhood, which is near downtown Denver and adjacent to the LoHi, Sunnyside, and RiNo neighborhoods.
Key Highlights
- 16,460 SF Twin‑T industrial building.
- Located on a 35,875 SF corner site.
- 8‑Story up‑zoning already complete.
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 | $217.3k | $13.20 |
| − Vacancy | −$17.2k | −$1.04 |
| EGI | $200.1k | $12.16 |
| − OpEx | −$30.0k | −$1.82 |
| NOI | $170.1k | $10.33 |
16,460 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.43M
$2.13M – $2.83M
NOI $170,091 @ 7.0% cap · market cap 4.10%
Second Best
Industrial
$2.00M
$1.75M – $2.33M
NOI $139,801 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$5.24M
$4.58M – $6.11M
NOI $366,787 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Western Concrete Coatings
General Contractor
US Artificial Grass
Landscaping
Urban Solution Group
Production Facility
Adams Artistic Finishes
Renovation Specialist
Aspenleaf Millwork
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Bring Fulfillment — 4400 Lipan St, Denver, CO 80211
- Colarado Whell Warehouse — 4421 Inca St, Denver, CO 80211
FAQs
What type of property is this?
Warehouse - 16,460 SF industrial building in sought-after Fox North neighborhood.
Where is this warehouse located?
The property is located at 4230 Elati St Denver, CO.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: 16,460 SF Twin‑T industrial building.; Located on a 35,875 SF corner site.; 8‑Story up‑zoning already complete.
