Single-Story Industrial
For Sale
$910,000
701 S Jason St, Denver, CO 80223
Single-story industrial building with secured loading yard and flexible open-layout space for manufacturing, assembly or warehousing.
Property Size3,526 SF
Days on Market39
Property Features for 701 S Jason St
General Information
Standard status
Active
Size
3,526 SF
Property subtype
Industrial
Building Details
Building Size
3,526 SF
Year Built
1970
Listing Agency:
(201) 274-5768
Listed By:
Brett MacDougall
(201) 274-5768
Source:
Uniqueprop
Added: Jul 25
Changed: Aug 31
Last Checked: Aug 31 at 3:42PM
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 Brett MacDougall
Investment Insights
Based on property information with market context.
Single-story industrial asset offering 3,526 square feet of versatile space with an open floorplan designed to support manufacturing, assembly, or warehouse operations. Built in 1970, the building is described as having generous clear heights and an efficient structural design suitable for a range of tenant improvements. The property includes a secure loading area, a fenced and secured yard, and ample parking to support daily logistics. Well-maintained mechanics and recent roof work are also noted, including a recently replaced TPO portion of the roof.
The site is positioned on a corner block within a stable industrial enclave, with convenient access to I-25 and nearby arterial routes including S Santa Fe Dr, W Alameda Ave, and S Broadway. Excellent loading capabilities are called out for the property.
As an owner-occupied or income-focused industrial offering, the layout and loading configuration are positioned to support flexible back-of-house use while providing secure outdoor staging.
The site is positioned on a corner block within a stable industrial enclave, with convenient access to I-25 and nearby arterial routes including S Santa Fe Dr, W Alameda Ave, and S Broadway. Excellent loading capabilities are called out for the property.
As an owner-occupied or income-focused industrial offering, the layout and loading configuration are positioned to support flexible back-of-house use while providing secure outdoor staging.
Key Highlights
- Single‑story industrial building built in 1970 with 3,526 SF of versatile space for manufacturing, assembly, or warehousing
- Open floorplan layout designed for tenant improvements with generous clear heights and efficient structural design
- Fenced and secured yard plus secure loading area, with excellent loading capabilities
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
$36,436
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
4.00%
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%
$728,720
$728.7K
Cap Rate 7%
$520,514
$520.5K
Cap Rate 9%
$404,844
$404.8K
Market Conditions
NOI Build-Up for 3,526 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
$46.5K $13.20/SF
− Vacancy
−$3.7K −$1.04/SF
EGI
$42.9K $12.16/SF
− OpEx
−$6.4K −$1.82/SF
NOI
$36.4K $10.33/SF
Area
Denver, CO
Vacancy
7.90%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
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%
$728,720
Cap Rate 7%
$520,514
Cap Rate 9%
$404,844
Alternative Uses
Best Use
Warehouse
$520.5K
$455.5K – $607.3K
NOI $36,436 @ 7.0% cap · market cap 4.00%
Second Best
Industrial
$427.8K
$374.4K – $499.1K
NOI $29,948 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.12M
$982.2K – $1.31M
NOI $78,572 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
Business Placement
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
Market
Vacancy Rate% for Industrial in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Single-story industrial building with secured loading yard and flexible open-layout space for manufacturing, assembly or warehousing.
Where is this manufacturing property located?
The property is located at 701 S Jason St Denver, CO.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: Single‑story industrial building built in 1970 with 3,526 SF of versatile space for manufacturing, assembly, or warehousing; Open floorplan layout designed for tenant improvements with generous clear heights and efficient structural design; Fenced and secured yard plus secure loading area, with excellent loading capabilities
