Englewood Multi-Tenant Industrial
For Sale
$1,800,000
2492 S Tejon St, Englewood, CO 80110
10,027 SF multi-tenant industrial asset in Englewood Industrial Park.
Property Size10,027 SF
Price / SF$179.52
Days on Market204
Property Features for 2492 S Tejon St
General Information
Standard status
Active
Size
10,027 SF
Property subtype
Industrial
Building Details
Building Size
10,027 SF
Year Built
1980
Listing Agency:
Unique Properties, Inc
Listed By:
Greg Knott · License #FA.001312096
(303) 521-3648
Source:
Uniqueprop
Added: Apr 1
Changed: Oct 4
Last Checked: Oct 20 at 5:53PM
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
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Investment Insights
Based on property information with market context.
The property at 2492-2498 S Tejon is a 10,027 square foot multi-tenant industrial asset. It is comprised of four individual units and located on a highly visible corner parcel within the Englewood Industrial Park. The building is configured with functional small-bay layouts that are increasingly difficult to find in the Denver metro area, particularly in Englewood, where supply remains extremely limited. Roof replacements were completed in 2018 on the north side and are planned for 2025 on the south side, with a total cost of $87,446.76. Electrical upgrades were completed in 2018 for $55,056. Windows and doors were re-sealed in 2025. Exterior siding repairs were performed in 2024, including entry soffits that were repaired and painted. The exterior was painted in 2024, and concrete repairs were completed in 2025. A new 2-ton mini-split HVAC system was installed in 2024, and a new domestic backflow was installed in 2023. Building interior refreshes were completed in 2498 in 2019, 2496 in 2020, and 2492 & 2494 in 2022.
Key Highlights
- Functional small‑bay layouts increasingly difficult to find in the Denver metro area, particularly in Englewood.
- Located on a highly visible corner parcel within the Englewood Industrial Park.
- Roof Replacements in 2018 (North) & 2025 (South).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,264
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,505,280
$1.5M
Cap Rate 7%
$1,075,200
$1.1M
Cap Rate 9%
$836,267
$836.3K
Market Conditions
NOI Build-Up for 10,027 SF
Gross rent
$116.1K $11.58/SF
− Vacancy
−$8.6K −$0.86/SF
EGI
$107.5K $10.72/SF
− OpEx
−$32.3K −$3.22/SF
NOI
$75.3K $7.51/SF
Area
Arapahoe County, CO
Vacancy
7.40%
Lease Rate
$11.58 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,505,280
Cap Rate 7%
$1,075,200
Cap Rate 9%
$836,267
Alternative Uses
Best Use
Industrial
$1.08M
$940.8K – $1.25M
NOI $75,264 @ 7.0% cap · market cap 4.18%
Second Best
Flex RnD
$998.4K
$873.6K – $1.16M
NOI $69,888 @ 7.0% cap · market cap 3.88%
Theoretical Best
Multifamily LT 5
$148.87M
$130.26M – $173.68M
NOI $10,420,824 @ 7.0% cap · market cap 578.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 80110, CO
23,279
Population
10,804
Households
2.2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
3,637
Density / Sq Mi
$82,037
Median Household Income
$50,406
Median Earnings
$1,582
Median Rent
$455,600
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Fat Boy Q — 2780 S Raritan St, Englewood, CO 80110
Frequently Asked Questions
What type of property is this?
Flex space - 10,027 SF multi-tenant industrial asset in Englewood Industrial Park.
Where is this flex space located?
The property is located at 2492 S Tejon St Englewood, CO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Functional small‑bay layouts increasingly difficult to find in the Denver metro area, particularly in Englewood.; Located on a highly visible corner parcel within the Englewood Industrial Park.; Roof Replacements in 2018 (North) & 2025 (South).
