Two-Story Flex Space
For Sale
Contact for pricing
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
(720) 891-6000
Listed By:
Karen Clarke
(720) 891-6000
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.
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
NOI $295,487 @ 7.0% cap · market cap 5.86%
Second Best
Flex RnD
$2.69M
$2.35M – $3.14M
NOI $188,134 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$6.42M
$5.62M – $7.49M
NOI $449,392 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,226
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
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
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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