Warehouse for
For Sale
$1,750,000
2 Santa Fe Dr, Denver, CO 80223
For-sale warehouse property offering an owner-user setup in a central Denver location.
Property Size10,828 SF
Days on Market110
Property Features for 2 Santa Fe Dr
General Information
Standard status
Active
Size
10,828 SF
Property subtype
Industrial
Building Details
Building Size
10,828 SF
Year Built
1931
Listing Agency:
Unique Properties, Inc
Listed By:
Brett MacDougall · License #FA.100049630
(201) 274-5768
Source:
Uniqueprop
Added: Jun 24
Changed: Oct 3
Last Checked: Oct 9 at 4:32PM
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 Unique Properties, Inc
Investment Insights
Based on property information with market context.
This for-sale warehouse property presents an owner-user opportunity for companies looking to align their operating space with their storage and logistics needs. As a warehouse asset, it is well suited for warehousing-focused operations where day-to-day handling, storage, and dispatch are core requirements. The offering is positioned to support an occupier’s control over their real estate costs and operational footprint.
The property is located at 2 Santa Fe Dr in Denver, Colorado 80223. The public remarks describe the location as central, which may be beneficial for organizations that prioritize convenient access within the Denver market.
For prospective owner-users, the asset’s warehouse classification makes it a practical fit for businesses that need dedicated space for inventory storage and movement. For buyers evaluating the property as an operating facility, the key consideration will be confirming how the warehouse configuration supports the specific workflow of the business, including storage layout and throughput requirements. Investors may also review the warehouse for potential income-oriented use, subject to verifying any applicable site and building requirements for their intended operations.
The property is located at 2 Santa Fe Dr in Denver, Colorado 80223. The public remarks describe the location as central, which may be beneficial for organizations that prioritize convenient access within the Denver market.
For prospective owner-users, the asset’s warehouse classification makes it a practical fit for businesses that need dedicated space for inventory storage and movement. For buyers evaluating the property as an operating facility, the key consideration will be confirming how the warehouse configuration supports the specific workflow of the business, including storage layout and throughput requirements. Investors may also review the warehouse for potential income-oriented use, subject to verifying any applicable site and building requirements for their intended operations.
Key Highlights
- Warehouse property with owner‑user setup in a central Denver location
- Built in 1931
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,892
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,237,840
$2.2M
Cap Rate 7%
$1,598,457
$1.6M
Cap Rate 9%
$1,243,244
$1.2M
Market Conditions
NOI Build-Up for 10,828 SF
Gross rent
$142.9K $13.20/SF
− Vacancy
−$11.3K −$1.04/SF
EGI
$131.6K $12.16/SF
− OpEx
−$19.7K −$1.82/SF
NOI
$111.9K $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%
$2,237,840
Cap Rate 7%
$1,598,457
Cap Rate 9%
$1,243,244
Alternative Uses
Best Use
Warehouse
$1.60M
$1.40M – $1.86M
NOI $111,892 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.45M
$3.02M – $4.02M
NOI $241,286 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,278
Businesses Nearby
Balanced
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Denver, CO
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Frequently Asked Questions
What type of property is this?
Warehouse - For-sale warehouse property offering an owner-user setup in a central Denver location.
Where is this warehouse located?
The property is located at 2 Santa Fe Dr Denver, CO.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Warehouse property with owner‑user setup in a central Denver location; Built in 1931
