150 Rio Grande Blvd, Denver, CO 80223

Listing Agency: SVN | Denver Commercial Show Phone

Listed By: Peter O'Bryan · License CO FA100098951 Show Phone

Source: Moodyscre

Added: Sep 15 Changed: Nov 10 Last Checked: Nov 10 at 11:35AM

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Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 18,763-square-foot warehouse includes a fenced yard, secure loading, and parking. The building offers 16-foot clear height and has received several functional upgrades, including a new roof backed by a 20-year transferable warranty, LED lighting, upgraded HVAC, and upgraded electrical service with heavy 3-phase power.

The property is located at 150 Rio Grande Blvd in Denver, with access to Downtown and the broader metro region via I-25 and 6th Ave. Its combination of warehouse space, secured exterior area, loading capability, and enhanced building systems supports a range of industrial operations.

Key Highlights

• 18,763 square feet of warehouse space
• 16' clear height
• New roof with 20‑year transferable warranty

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$193,890

Cap Rate

6.07%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,877,800 $3.9M

Cap Rate 7%

$2,769,857 $2.8M

Cap Rate 9%

$2,154,333 $2.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 18,763 SF

Gross rent

$247.7K $13.20/SF

− Vacancy

−$19.6K −$1.04/SF

EGI

$228.1K $12.16/SF

− OpEx

−$34.2K −$1.82/SF

NOI

$193.9K $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 Rate 5%

$3,877,800

Cap Rate 7%

$2,769,857

Cap Rate 9%

$2,154,333

Alternative Uses

Best Use

Warehouse

$2.77M

$2.42M – $3.23M (±1% cap)

NOI $193,890 @ 7.0% cap · market cap 6.07%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$5.97M

$5.23M – $6.97M (±1% cap)

NOI $418,106 @ 7.0% cap · market cap 13.10%

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

The Chronic Factory Dispensary ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Daycare Center Pharmacy Accounting Firm Law Firm Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,383

Businesses Nearby

Well-served

Demand for This Use

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

Average Price Trend$/SF for Warehouses in Denver, CO

$281 Jul

$239 Aug

$253 Sep

$248 Oct

Properties on Market for Warehouses in Denver

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Denver, CO

5.8% 2019

6.2% 2020

5.9% 2021

6.6% 2022

7% 2023

7.7% 2024

8.1% 2025

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Similar Off Market Nearby

• A Perfect Delivery — 1472 W Maple Ave A, Denver, CO 80223
• Move 4 Less - Denver Movers — 1030 W Ellsworth Ave E, Denver, CO 80223
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Frequently Asked Questions

What type of property is this?

Warehouse - Industrial building with secure loading, parking, and upgraded building systems.

Where is this warehouse located?

The property is located at 150 Rio Grande Blvd Denver, CO.

What is the asking price?

The asking price for this property is $3,192,000.

What are key features of this property?

This property features: 18,763 square feet of warehouse space; 16' clear height; New roof with 20‑year transferable warranty