Investment Opportunity Near Broadway
For Sale
$1,400,000
Pending
130-136 E Ohio Ave, Denver, CO 80209
Quadplex near upcoming stadium and mixed-use development.
Property Size3,337 SF
Lot Size0.14 Acres
Days on Market275
Property Features for 130-136 E Ohio Ave
General Information
Standard status
Pending
Size
3,337 SF
Lot size
0.14 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$4,647
Building Details
Building Size
3,337 SF
Year Built
1950
Listing Agency:
(720) 660-5986
Listed By:
Daniel Beckius
(720) 660-5986
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 17
Last Checked: Aug 29 at 9:03AM
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 Daniel Beckius
Investment Insights
Based on property information with market context.
This property presents an investment opportunity located approximately half a mile from the future 41-acre Gates District at Broadway Station and Santa Fe Yards. The development is planned to include a 14,500-seat stadium, 887 residential units, 380,000 square feet of office space, and 180,000 square feet of retail and dining areas. Situated at the entrance to West Washington Park and within a designated opportunity zone, the 6,250 square foot lot is zoned for a quadplex. The property is being sold in its current condition, requiring updates and repairs. The property is located in Denver, CO.
Key Highlights
- Prime location near the 41‑acre Gates District at Broadway Station and Santa Fe Yards development.
- 6,250 sq/ft lot with grandfathered quadplex zoning.**
- Located at the gateway to West Washington Park.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,456
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,109,120
$1.1M
Cap Rate 7%
$792,229
$792.2K
Cap Rate 9%
$616,178
$616.2K
Market Conditions
NOI Build-Up for 3,337 SF
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.
Gross rent
$84.1K $25.20/SF
− Vacancy
−$4.9K −$1.46/SF
EGI
$79.2K $23.74/SF
− OpEx
−$23.8K −$7.12/SF
NOI
$55.5K $16.62/SF
Area
Denver, CO
Vacancy
5.79%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,109,120
Cap Rate 7%
$792,229
Cap Rate 9%
$616,178
Alternative Uses
Best Use
Multifamily LT 5
$792.2K
$693.2K – $924.3K
NOI $55,456 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$723.8K
$633.4K – $844.5K
NOI $50,668 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.06M
$929.5K – $1.24M
NOI $74,360 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,606
Businesses Nearby
Explore this area
Business Placement
Demographics for 80209, CO
27,061
Population
16,045
Households
1.7
Avg Household Size
38
Median Age
80%
College-Educated
99%
High-School Grad
3.5 sq mi
ZIP Area
7,732
Density / Sq Mi
$118,759
Median Household Income
$81,604
Median Earnings
$1,981
Median Rent
$971,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex near upcoming stadium and mixed-use development.
Where is this quadplex located?
The property is located at 130-136 E Ohio Ave Denver, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location near the 41‑acre Gates District at Broadway Station and Santa Fe Yards development.; 6,250 sq/ft lot with grandfathered quadplex zoning.**; Located at the gateway to West Washington Park.
