Denver Industrial Property Near
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1865-1877 S Acoma St, Denver, CO
Industrial property near transit with redevelopment potential in Denver, CO.
Property Size5,920 SF
Lot Size0.22 Acres
Price / SF$278.72
Days on Market1026
Property Features for 1865-1877 S Acoma St
General Information
Standard status
Active
Size
5,920 SF
Lot size
0.22 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Unique Properties, Inc.
(720) 513-3937
Listed By:
Brad Gilpin · License #EA.100007414
(303) 668-3733
Source:
Moodyscre
Added: Nov 13, 2023
Changed: Aug 21
Last Checked: Sep 1 at 11:11PM
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 Unique Properties, Inc.
Investment Insights
Based on property information with market context.
Located near the Evans Station light rail stop, this property is surrounded by multiple mixed-use redevelopments. It is currently zoned I-A industrial in the city and county of Denver, with potential for rezoning to 5-8 story commercial mixed-use. Multiple redevelopment projects are adjacent to and currently underway near the property. The property offers 1,200 to 5,920 square feet available for an owner-user if desired. The building at 1877 S. Acoma St. has 1,200 square feet and is leased short term. The building at 1875 S. Acoma St. has 2,320 square feet and is seller-occupied. The building at 1865 S. Acoma St. has 2,400 square feet and is leased long term. The property includes a potential small, fenced storage yard. It is suitable for plumbers, electricians, HVAC companies, general contractors, service companies, and more. The owner will consider seller-carry terms.
Key Highlights
- T.O.D. location near Evans Station light rail stop.
- Potential rezone to 5‑8 story commercial mixed use.
- Multiple redevelopment projects adjacent and currently underway.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,281
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,005,620
$1.0M
Cap Rate 7%
$718,300
$718.3K
Cap Rate 9%
$558,678
$558.7K
Market Conditions
NOI Build-Up for 5,920 SF
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.
Gross rent
$78.1K $13.20/SF
− Vacancy
−$6.3K −$1.07/SF
EGI
$71.8K $12.13/SF
− OpEx
−$21.5K −$3.64/SF
NOI
$50.3K $8.49/SF
Area
Denver, CO
Vacancy
8.08%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,005,620
Cap Rate 7%
$718,300
Cap Rate 9%
$558,678
Alternative Uses
Best Use
Industrial
$718.3K
$628.5K – $838.0K
NOI $50,281 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,918 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property near transit with redevelopment potential in Denver, CO.
Where is this industrial property located?
The property is located at 1865-1877 S Acoma St Denver, CO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: T.O.D. location near Evans Station light rail stop.; Potential rezone to 5‑8 story commercial mixed use.; Multiple redevelopment projects adjacent and currently underway.
