Multi-Unit Flex Warehouse
12200 W 52nd Ave Wheat Ridge, CO 80033
12200 W 52nd Ave, Wheat Ridge, CO, 80033
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For Sale
Contact for pricing
18,000 SF flex/warehouse building with six units, built in 1997, and 100% occupancy.
Property Size18,000 SF
Price / SF$199.33
Days on Market166
Property Features for 12200 W 52nd Ave
General Information
- Standard status
- Active
- Size
- 18,000 SF
- Property subtype
- INDUSTRIAL
Listing agency
Madison Commercial Properties
(970) 420-1718
Listed by
Pete Foster
(970) 420-1718
Source
Moodyscre
Added: Feb 5 Updated: Jul 21 at 12:34PM Checked: Jul 21 at 12:34PM
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Investment Insights
Based on property information with market context.
The property is an 18,000 SF multi-unit flex/warehouse building constructed in 1997. It contains six units and is listed with 100% occupancy.
Located in the West Denver submarket at 12200 W 52nd Ave in Wheat Ridge, Colorado, the building is designated under a PID zoning classification. The transaction is being offered for sale.
As configured, the site provides multiple warehouse/flex units within a single building envelope, supporting a straightforward multi-tenant ownership or investment structure.
Located in the West Denver submarket at 12200 W 52nd Ave in Wheat Ridge, Colorado, the building is designated under a PID zoning classification. The transaction is being offered for sale.
As configured, the site provides multiple warehouse/flex units within a single building envelope, supporting a straightforward multi-tenant ownership or investment structure.
Key Highlights
- 18,000 SF flex/warehouse building with 6 units
- Built in 1997
- Zoned PID
Local Financial Insights For Flex RnD
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 | $248.4k | $13.80 |
| − Vacancy | −$15.9k | −$0.88 |
| EGI | $232.5k | $12.92 |
| − OpEx | −$81.4k | −$4.52 |
| NOI | $151.1k | $8.40 |
18,000 SF · lease $13.80/SF/yr · vacancy 6.40% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.16M
$1.89M – $2.52M
NOI $151,127 @ 7.0% cap · market cap 4.21%
Second Best
Industrial
$1.99M
$1.74M – $2.32M
NOI $139,488 @ 7.0% cap · market cap 3.89%
Theoretical Best
Multifamily LT 5
$40.06M
$35.05M – $46.73M
NOI $2,803,956 @ 7.0% cap · market cap 78.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 18,000 SF flex/warehouse building with six units, built in 1997, and 100% occupancy.
Where is this flex space located?
The property is located at 12200 W 52nd Ave Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $3,588,000.
What are key features of this property?
This property features: 18,000 SF flex/warehouse building with 6 units; Built in 1997; Zoned PID