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Two-Story Flex Space Building
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191 Yuma St, Denver, CO 80223

Two-story flex space building on a sizable land parcel, previously used as a veterinarian clinic.

Property Size20,167 SF
Lot Size1.06 Acres
Price / SF$250
Days on Market83

Property Features for 191 Yuma St

General Information

Standard status Active
Size 20,167 SF
Lot size 1.06 Acres
Property subtype INDUSTRIAL

Building Details

Buildings 1
Stories 2
Building Size 20,167 SF
Listing Agency: Transwestern | Denver
Listed By: Karen Clarke
Source: Moodyscre
Added: May 11 Changed: Jul 29 Last Checked: Aug 1 at 3:18AM

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 Transwestern | Denver

Investment Insights

Based on property information with market context.

191 Yuma St is a two-story flex space building totaling 20,167 SF, situated on 46,228 SF of land. The property was previously used as a veterinarian clinic, and the existing layout supports a range of possible uses.

The first floor can convert to flex/lab space with minimal effort, which may appeal to tenants looking for adaptable space without extensive reconfiguration. The ownership group has maintained the property.

With a two-level structure and an interior that has already been configured for a clinic environment, the building offers flexibility for buyers or tenants seeking a functional space that can be reworked for flex or lab-oriented needs.

Key Highlights

  • 20,167 SF two‑story flex space building
  • 46,228 SF land parcel
  • Previously used as a veterinarian clinic

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 $532.4k $26.40
− Vacancy −$138.4k −$6.86
EGI $394.0k $19.54
− OpEx −$98.5k −$4.88
NOI $295.5k $14.65
20,167 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$4.22M
$3.69M – $4.92M (±1% cap)
NOI $295,487 @ 7.0% cap · market cap 5.86%
Second Best
Flex RnD
$2.69M
$2.35M – $3.14M (±1% cap)
NOI $188,134 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$6.42M
$5.62M – $7.49M (±1% cap)
NOI $449,392 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Daycare Center Parking Lot & Garage Storage Facility

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

1,226
Businesses Nearby
Well-served
Demand for This Use

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 Office in Denver, CO

14.5% 2019
17.4% 2020
19.3% 2021
21.8% 2022
23% 2023
25% 2024
26.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Three Tomatoes Catering — 255 Yuma St, Denver, CO 80223

Frequently Asked Questions

What type of property is this?
Flex space - Two-story flex space building on a sizable land parcel, previously used as a veterinarian clinic.
Where is this flex space located?
The property is located at 191 Yuma St Denver, CO.
What is the asking price?
The asking price for this property is $5,041,750.
What are key features of this property?
This property features: 20,167 SF two‑story flex space building; 46,228 SF land parcel; Previously used as a veterinarian clinic
(720) 891-6000 Call to check price and availability
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