Freestanding Warehouse with
For Sale
$1,750,000
2350 West Bates Avenue, Englewood, CO 80110
Industrial facility combines warehouse, office, loading, and drive-in access with a layout supporting separate occupancy.
Property Size10,000 SF
Days on Market37
Property Features for 2350 West Bates Avenue
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial - Warehouse/Distribution
Building Details
Building Size
10,000 SF
Year Built
1974
Units
1
Listing Agency:
Madison Commercial Properties
Listed By:
Brian Costello · License #FA100074241
(303) 771-3850
Source:
Commercialcafe
Added: Sep 1
Changed: Sep 24
Last Checked: Oct 5 at 3:43PM
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 Madison Commercial Properties
Investment Insights
Based on property information with market context.
This 10,000-square-foot freestanding warehouse occupies approximately 0.50 acres and includes warehouse, office, and loading areas. Improvements include one dock well, two drive-in doors, and four restrooms. The interior arrangement can accommodate separate occupancy of portions of the building, providing functional flexibility for industrial operations and a smaller suite configuration.
Approximately 3,750 square feet is arranged as an industrial suite with approximately 558 square feet of office or finished space, two restrooms, a 10' x 12' drive-in door, and separate metering. Built in 1974, the property is located at 2350 West Bates Avenue in Englewood, Colorado, within the Denver metropolitan area.
Approximately 3,750 square feet is arranged as an industrial suite with approximately 558 square feet of office or finished space, two restrooms, a 10' x 12' drive-in door, and separate metering. Built in 1974, the property is located at 2350 West Bates Avenue in Englewood, Colorado, within the Denver metropolitan area.
Key Highlights
- 10,000 SF freestanding warehouse building on approximately 0.50 acres
- One dock well and two drive‑in doors
- Layout designed to support separate occupancy of building portions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,146
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,822,920
$1.8M
Cap Rate 7%
$1,302,086
$1.3M
Cap Rate 9%
$1,012,733
$1.0M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$115.8K $11.58/SF
− Vacancy
−$8.6K −$0.86/SF
EGI
$107.2K $10.72/SF
− OpEx
−$16.1K −$1.61/SF
NOI
$91.1K $9.11/SF
Area
Arapahoe County, CO
Vacancy
7.40%
Lease Rate
$11.58 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,822,920
Cap Rate 7%
$1,302,086
Cap Rate 9%
$1,012,733
Alternative Uses
Best Use
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,146 @ 7.0% cap · market cap 5.21%
Second Best
Industrial
$1.07M
$938.3K – $1.25M
NOI $75,062 @ 7.0% cap · market cap 4.29%
Theoretical Best
Multifamily LT 5
$148.47M
$129.91M – $173.21M
NOI $10,392,764 @ 7.0% cap · market cap 593.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
858
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80110, CO
23,279
Population
10,804
Households
2.2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
3,637
Density / Sq Mi
$82,037
Median Household Income
$50,406
Median Earnings
$1,582
Median Rent
$455,600
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility combines warehouse, office, loading, and drive-in access with a layout supporting separate occupancy.
Where is this warehouse located?
The property is located at 2350 West Bates Avenue Englewood, CO.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 10,000 SF freestanding warehouse building on approximately 0.50 acres; One dock well and two drive‑in doors; Layout designed to support separate occupancy of building portions
