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Industrial / Flex Space For Sale
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121 Mariposa St, Denver, CO 80223

Industrial / Flex space available for sale.

Property Size9,923 SF
Price / SF$151.16
Days on Market147

Property Features for 121 Mariposa St

General Information

Standard status Active
Size 9,923 SF
Total Parking Spaces 12
Property subtype Industrial
Zoning I-A
Investment Type Owner/User

Building Details

Year Built 1956
Listing Agency: Malman Real Estate
Listed By: Jake Malman · License #100099297
Source: Crexi
Added: May 21 Changed: Oct 10 Last Checked: Oct 12 at 8:24PM

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 Malman Real Estate

Investment Insights

Based on property information with market context.

This industrial/flex space is available for sale. The property offers a total of 9,923 square feet of space.

Key Highlights

  • Industrial / Flex Property
  • For Sale
  • Year Built: 1956

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$92,570
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,400 $1.9M
Cap Rate 7%
$1,322,429 $1.3M
Cap Rate 9%
$1,028,556 $1.0M
Market Conditions
NOI Build-Up for 9,923 SF
Gross rent
$154.8K $15.60/SF
− Vacancy
−$12.4K −$1.25/SF
EGI
$142.4K $14.35/SF
− OpEx
−$49.8K −$5.02/SF
NOI
$92.6K $9.33/SF
Area
Denver, CO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,400
Cap Rate 7%
$1,322,429
Cap Rate 9%
$1,028,556

Alternative Uses

Best Use
Flex RnD
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,570 @ 7.0% cap · market cap 6.17%
Second Best
Industrial
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,280 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$3.16M
$2.76M – $3.69M (±1% cap)
NOI $221,119 @ 7.0% cap · market cap 14.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Daycare Center Accounting Firm Pharmacy Barber Shop Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,383
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80223, CO

19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Denver, CO

5.8% 2019
6.2% 2020
5.9% 2021
6.6% 2022
7% 2023
7.7% 2024
8.1% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Three Tomatoes Catering — 255 Yuma St, Denver, CO 80223
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  • Caiden Razo Catering — 665 Kalamath St, Denver, CO 80204
  • The Taquero — 810 Vallejo St, Denver, CO 80204, United States
  • Benoit's Catering — 810 Vallejo St, Denver, CO 80204

Frequently Asked Questions

What type of property is this?
Flex space - Industrial / Flex space available for sale.
Where is this flex space located?
The property is located at 121 Mariposa St Denver, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Industrial / Flex Property; For Sale; Year Built: 1956
(720) 471-1763 Call to check price and availability
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