Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8690 Verbena St Commerce City, CO 80022

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,000,000

    5.484-acre industrial development opportunity in Commerce City, Colorado.

    Lot size:
    5.48 Acres

    Property Features for 8690 Verbena St

    General Information

    Property type
    Industrial
    Standard status
    Active
    Lot size
    5.48 Acres

    Building Details

    Year built
    1964

    We can help!

    Listing Contact
    Jorge Chavez
    Source: Elliman

    Listing Agent: Jorge Chavez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Commerce City Industrial Development Opportunity

    Located just outside the Denver metro area, the property at 8690 Verbena St offers a 5.484-acre opportunity in a dynamic industrial region of Colorado. The city's comprehensive plan supports industrial zoning, blending rural functionality with metropolitan accessibility. Commerce City is a growing area for logistics, distribution, and warehouse expansion, with proximity to major interstates, commercial freight paths, and the Denver International Airport. The property is currently zoned AG (Agricultural), with rezoning potential to I-1 (Light Industrial). There are two residential homes and nine outbuildings on-site suitable for storage, equipment, or redevelopment. The terrain is flat and usable for construction. The property is located in the Commerce City industrial corridor, with easy access to major highways and close proximity to active commercial and logistics centers. It is suited for industrial development or holding, with long-term value in a growing industrial market, and multiple use possibilities for developers, business owners, or investors.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Commerce City
    County
    Adams
    State
    Colorado
    Longitude
    -104.8897306
    Latitude
    39.8539482

    Nearby Similar for Sale

    • $850,000
      4,320 SF

      Industrial Building with Fenced Yard

      4,320 SF industrial building with office and warehouse space.
      6301 E 71St Ave, Commerce City, CO 80022
      View Details
    • $1,450,000

      Commerce City Flex/Production Facility

      Improved office/flex and production facility in Commerce City, Colorado.
      6545 E 49Th Ave, Commerce City, CO 80022
      View Details
    • $1,775,000

      Freestanding Retail Building on 72nd

      7,903 SF retail building on 33,670 SF lot.
      6071 E 72Nd Ave, Commerce City, CO 80022
      View Details
    • $520,000
      1,855 SF

      Commerce City Office Building For Sale

      One-story office building with finished basement in Commerce City.
      7296 Magnolia St, Commerce City, CO 80022
      View Details
    • $1,044,000
      5,100 SF

      Leased Creative Building with Upside

      5,261 SF building, fully leased, potential for rent increases.
      6600 E 74 Ave, Commerce City, CO 80022
      View Details
    • $1,050,000

      Commerce City Industrial Property For Sale

      Industrial-zoned property with highway access in Commerce City, Colorado.
      8550 Rosemary St, Commerce City, CO 80022
      View Details
    • $580,000

      Renovated Office with Yard Space

      Renovated office space with yard on 0.34 AC lot.
      6970 Eudora Dr, Commerce City, CO 80022
      View Details
    • $2,500,000
      12,690 SF

      Freestanding Industrial Flex Building

      12,690 SF industrial/flex building in Commerce City, Colorado.
      4995 Monaco St, Commerce City, CO 80022
      View Details
    • $1,850,000
      7,903 SF

      Retail Property in Commerce City

      Retail property with established tenant, ideal for investors/owner-users.
      5983 E 72Nd Ave, Commerce City, CO 80022
      View Details
    • $2,500,000
      9,600 SF

      Industrial Warehouse with Fenced Yard

      Well-maintained industrial warehouse with fenced yard in Commerce City.
      8681 Rosemary St, Commerce City, CO 80022
      View Details
    • Contact for pricing

      Modern Distribution Facility Near Airport

      307,800 SF distribution facility near Denver International Airport.
      17897 E 84Th Ave, Commerce City, CO 80022
      View Details
    • Contact for pricing

      Modern Distribution Facility Near Airport

      Bulk distribution facility near Denver Airport with flexible occupancy.
      17010 E 88Th Ave, Commerce City, CO 80022
      View Details

    FAQs

    What type of property is this?
    Industrial land - 5.484-acre industrial development opportunity in Commerce City, Colorado.
    Where is this industrial land located?
    The property is located at 8690 Verbena St Commerce City, CO.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - 5.484 acres of land with city-approved comprehensive plan supporting Industrial Warehousing & Distribution/Logistics.; - Rezoning potential to I-1 (Light Industrial).; - Located in Commerce City industrial corridor with easy access to major highways.
    (720) 330-4004
    Request Owner's contact information
    8690 Verbena St Commerce City, CO 80022
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8690 Verbena St
    Commerce City, CO 80022
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8690 Verbena St Commerce City, CO 80022
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jorge Chavez
    Real Estate License ID: 100032662
    (720) 330-4004 (303) 763-0876
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!