For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Property with Fenced Yard Title is generated by Realmo AI

    3870 Elm St, Denver, CO 80237

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Industrial property featuring a fenced yard and floor drains.

    Type:INDUSTRIAL
    Property size:
    14,500 SF
    Lot size:
    0.52 Acres
    Price / SF:
    $162/SF
    Added:
    May 9, 2024
    Days on Market:
    766
    Last Refresh:
    Apr 5 at 8:23 pm

    Property Features for 3870 Elm St

    General Information

    Standard status
    Active
    Size
    14,500 SF
    Lot size
    0.52 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 3870 Elm St Contact us

    We can help!

    Listing Contact
    Tyler Ryon
    Tyler Ryon

    Listing agent Tyler Ryon License #FA.100029794

    Listing office Colliers - Denver

    Listing date May 9, 2024

    Source Moodyscre

    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 Colliers - Denver

    HighLights

    • 2,500 SF Fenced Yard
    • Dock platform in yard provides easy loading and unloading capabilities.
    • Floor drains in warehouse.

    Overview

    This industrial property offers a 2,500 square foot fenced yard. The warehouse includes floor drains. A dock platform is located in the yard. The property has a total size of 14,500 square feet.

    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 $191.4k $13.20
    − Vacancy −$15.1k −$1.04
    EGI $176.3k $12.16
    − OpEx −$26.4k −$1.82
    NOI $149.8k $10.33
    14,500 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.14M
    $1.87M – $2.50M (±1% cap)
    NOI $149,837 @ 7.0% cap · market cap 6.38%
    Second Best
    Industrial
    $1.76M
    $1.54M – $2.05M (±1% cap)
    NOI $123,154 @ 7.0% cap · market cap 5.24%
    Theoretical Best
    Office A
    $4.62M
    $4.04M – $5.39M (±1% cap)
    NOI $323,111 @ 7.0% cap · market cap 13.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Equipment Worldwide Production Facility eBay Seller medicalequipmentesi Production Facility Equipment Sales International ... Production Facility eBay Seller medicalequipmentesi ... Big Box & Wholesale Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.929
    Latitude
    39.7709

    FAQs

    What type of property is this?
    Warehouse - Industrial property featuring a fenced yard and floor drains.
    Where is this warehouse located?
    The property is located at 3870 Elm St Denver, CO.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: 2,500 SF Fenced Yard; Dock platform in yard provides easy loading and unloading capabilities.; Floor drains in warehouse.
    (720) 833-4612 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message