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Warehouse with Secured Yard
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1920 S Cherokee St, Denver, CO 80223

Warehouse includes heavy power service, LED lighting, and a secured yard area.

Property Size5,422 SF
Price / SF$180
Days on Market208

Property Features for 1920 S Cherokee St

General Information

Standard status Active
Size 5,422 SF
Property subtype INDUSTRIAL
Listing Agency: Colliers - Denver
Listed By: Nicholas Nasharr
Source: Moodyscre
Added: Jan 5 Changed: Jul 27 Last Checked: Jul 31 at 11:04AM

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 Colliers - Denver

Investment Insights

Based on property information with market context.

This warehouse is offered for sale and includes heavy power, LED lights, and a secured yard area. The interior has undergone major renovations, supporting a more modern, functional warehouse environment.

The property is located on S. Broadway in Denver, CO 80223. Additional remarks note heavy power and an on-site secured yard area, which can be useful for controlled storage and operations.

Seller-provided highlights include LED lighting throughout and recent major interior renovations, alongside the secured yard and heavy power capacity.

Key Highlights

  • Warehouse with heavy power service
  • LED lighting in the warehouse
  • Secured yard area on‑site

Financial Insights For Warehouse

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 $71.6k $13.20
− Vacancy −$5.7k −$1.04
EGI $65.9k $12.16
− OpEx −$9.9k −$1.82
NOI $56.0k $10.33
5,422 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$800.4K
$700.4K – $933.8K (±1% cap)
NOI $56,029 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M (±1% cap)
NOI $120,821 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Pharmacy Garden Center Grocery & Convenience Store

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

1,650
Businesses Nearby
Under-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 Industrial in Denver, CO

5.8% 2019
6.2% 2020
5.9% 2021
6.6% 2022
7% 2023
7.7% 2024
8.1% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Relocrate Denver — 2420 S Delaware St, Denver, CO 80223
  • Access Anytime Self Storage — 1401 W Evans Ave, Denver, CO 80223
  • Jerry Storage Units — 2323 S Broadway, Denver, CO 80223
  • West Evans Self Storage — 1208 W Evans Ave, Denver, CO 80223
  • ReloCRATE — 2420 S Delaware St, Denver, CO 80223, United States

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse includes heavy power service, LED lighting, and a secured yard area.
Where is this warehouse located?
The property is located at 1920 S Cherokee St Denver, CO.
What is the asking price?
The asking price for this property is $975,960.
What are key features of this property?
This property features: Warehouse with heavy power service; LED lighting in the warehouse; Secured yard area on‑site
(303) 283-4563 Call to check price and availability
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