1575 N Gilpin Denver, CO 80218
Move-in ready property in walkable neighborhood with flexible layouts.
- Added:
- Sep 2, 2025
- Days on Market:
- 313
- Last Refresh:
- May 11 at 12:04 am
Property Features for 1575 N Gilpin
General Information
- Standard status
- Active
- Size
- 9,375 SF
- Lot size
- 0.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1918
Listing office UNIQUE PROPERTIES LLC (303) 321-5888
Listing date Sep 2, 2025
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime corner lot location in Denver's City Park West with excellent visibility and accessibility.
- Rare on‑site parking in a walkable, established neighborhood.
- Move‑in ready condition with HIGH‑END FINISHES and minimal buildout needs.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $247.5k | $26.40 |
| − Vacancy | −$64.4k | −$6.86 |
| EGI | $183.2k | $19.54 |
| − OpEx | −$45.8k | −$4.88 |
| NOI | $137.4k | $14.65 |