Versatile Commercial Building with
1400 W 70th Ave, Denver, CO 80221
For Sale
$999,000
Freestanding building with flexible layout, parking, and highway access.
Property Size4,320 SF
Price / SF$231.25
Days on Market224
Property Features for 1400 W 70th Ave
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
JPAR Modern Real Estate
Listed By:
Barry Osafo-Atta · License CO #40039181
(720) 980-3516
Source:
Elliman
Added: Apr 3
Changed: Sep 4
Last Checked: Aug 25 at 5:17AM
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 JPAR Modern Real Estate
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Investment Insights
Based on property information with market context.
This freestanding 4,320 square foot commercial building features a versatile layout suitable for various uses. Approximately one-third of the space is configured with private offices, while the remaining two-thirds provides open space, offering flexibility for multiple business types or configurations. The property is situated on a large lot with on-site parking for approximately 10 to 15 vehicles. An oversized detached one-car garage provides additional storage or workspace. The building is in relatively good condition and ready for immediate use or light customization. Zoned C-5, the property allows for a wide range of commercial uses including retail, office, and service-based businesses. The location offers close proximity to the highway and strong visibility, providing excellent exposure and accessibility. The property is currently vacant, allowing for immediate occupancy. The bike score is 50, indicating it is bikeable, and the walk score is 12, indicating it is car-dependent.
Key Highlights
- Vacant 4,320 SF commercial building ready for immediate occupancy.
- Versatile layout with a mix of private offices and open space.
- Zoned C‑5, allowing for a wide range of commercial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,300
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,000
$806.0K
Cap Rate 7%
$575,714
$575.7K
Cap Rate 9%
$447,778
$447.8K
Market Conditions
NOI Build-Up for 4,320 SF
Gross rent
$67.4K $15.60/SF
− Vacancy
−$5.4K −$1.25/SF
EGI
$62.0K $14.35/SF
− OpEx
−$21.7K −$5.02/SF
NOI
$40.3K $9.33/SF
Area
Denver, CO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,000
Cap Rate 7%
$575,714
Cap Rate 9%
$447,778
Alternative Uses
Best Use
Flex RnD
$575.7K
$503.8K – $671.7K
NOI $40,300 @ 7.0% cap · market cap 4.03%
Second Best
Industrial
$524.2K
$458.7K – $611.5K
NOI $36,692 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$1.38M
$1.20M – $1.60M
NOI $96,265 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80221, CO
42,224
Population
15,165
Households
2.8
Avg Household Size
34
Median Age
28%
College-Educated
84%
High-School Grad
9.1 sq mi
ZIP Area
4,640
Density / Sq Mi
$84,425
Median Household Income
$42,720
Median Earnings
$1,642
Median Rent
$449,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Denver, CO
Properties on Market for Flex space in Denver
Vacancy Rate% for Industrial in Denver, CO
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding building with flexible layout, parking, and highway access.
Where is this flex space located?
The property is located at 1400 W 70th Ave Denver, CO.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Vacant 4,320 SF commercial building ready for immediate occupancy.; Versatile layout with a mix of private offices and open space.; Zoned C‑5, allowing for a wide range of commercial uses.
