Versatile Industrial/Flex Space with
For Sale
$465,000
802 E 78th Ave, Denver, CO 80229
Industrial/flex space with prime access, ideal for various business uses.
Property Size1,375 SF
Lot Size0.12 Acres
Days on Market212
Property Features for 802 E 78th Ave
General Information
Standard status
Active
Size
1,375 SF
Lot size
0.12 Acres
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$5,053
Building Details
Building Size
1,375 SF
Year Built
2006
Stories
1
Units
20
Listing Agency:
KELLER WILLIAMS REALTY DOWNTOWN LLC
Listed By:
Melody Brunetti
(720) 364-1078
Source:
Elliman
Added: Mar 10
Changed: Aug 22
Last Checked: Aug 14 at 6:02AM
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 KELLER WILLIAMS REALTY DOWNTOWN LLC
Investment Insights
Based on property information with market context.
This versatile industrial/flex space is suitable for industrial, warehouse, flex, office, or storage use. The property features tall ceilings and a large drive-in door. It includes a dedicated office area, an ADA-compliant restroom, central heat and A/C, and fire sprinklers. A fully compliant Dyno Room is present, suitable for use as a paint booth, powder coat booth, or other specialized operations. The property is equipped with 3-phase, 220V and 110V service, and a 5-gallon water heater. It is zoned I-1 Industrial, offering flexibility for current and future business needs. Located in a well-maintained complex, the property offers views of downtown and access to I-25, I-70, I-76, and Hwy 36. The CAM fee is $221 per month, covering landscaping, snow removal, water, sewer, trash, and EPDM roof maintenance.
Key Highlights
- Prime location with unbeatable access to I‑25, I‑70, I‑76, and Hwy 36.
- Versatile I‑1 Industrial zoning suitable for industrial, warehouse, flex, office, or storage use.
- Features a compliant Dyno Room, ideal for specialized operations like paint or powder coating.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,801
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,020
$296.0K
Cap Rate 7%
$211,443
$211.4K
Cap Rate 9%
$164,456
$164.5K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$24.8K $18.00/SF
− Vacancy
−$2.0K −$1.44/SF
EGI
$22.8K $16.56/SF
− OpEx
−$8.0K −$5.80/SF
NOI
$14.8K $10.76/SF
Area
ZIP 80229
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,020
Cap Rate 7%
$211,443
Cap Rate 9%
$164,456
Alternative Uses
Best Use
Flex RnD
$211.4K
$185.0K – $246.7K
NOI $14,801 @ 7.0% cap · market cap 3.18%
Second Best
Industrial
$129.2K
$113.0K – $150.7K
NOI $9,042 @ 7.0% cap · market cap 1.94%
Theoretical Best
Office A
$417.4K
$365.2K – $487.0K
NOI $29,217 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80229, CO
54,153
Population
20,130
Households
2.7
Avg Household Size
33
Median Age
20%
College-Educated
79%
High-School Grad
12.5 sq mi
ZIP Area
4,332
Density / Sq Mi
$83,450
Median Household Income
$42,198
Median Earnings
$1,719
Median Rent
$382,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Denver, CO
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial/flex space with prime access, ideal for various business uses.
Where is this flex space located?
The property is located at 802 E 78th Ave Denver, CO.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Prime location with unbeatable access to I‑25, I‑70, I‑76, and Hwy 36.; Versatile I‑1 Industrial zoning suitable for industrial, warehouse, flex, office, or storage use.; Features a compliant Dyno Room, ideal for specialized operations like paint or powder coating.
