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Multi-Unit Flex Warehouse Building

12200 W 52nd Ave Wheat Ridge, CO 80033

12200 W 52nd Ave, Wheat Ridge, CO, 80033
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For Sale
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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
Listed by Pete Foster
Source Moodyscre
Added: Feb 5 Updated: Jul 21 at 12:34PM Checked: Jul 21 at 12:34PM

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 Madison Commercial Properties


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.

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 (±1% cap)
NOI $151,127 @ 7.0% cap · market cap 4.21%
Second Best
Industrial
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,488 @ 7.0% cap · market cap 3.89%
Theoretical Best
Multifamily LT 5
$40.06M
$35.05M – $46.73M (±1% cap)
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

Suggested Use

Real Estate Agency Restaurant Grocery & Convenience Store Food Market Daycare Center Pharmacy Storage Facility Bakery Nail Salon Tech Support Center

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

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
Contact an agent
(970) 420-1718 Call to check price and availability
More about this property
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