Denver Mixed-Use Property For
For Sale
Contact for pricing
2950 Arkins Cour, Denver, CO 80216
Mixed-use property in Denver's River North neighborhood.
Property Size21,006 SF
Price / SF$200
Days on Market703
Property Features for 2950 Arkins Cour
General Information
Standard status
Active
Size
21,006 SF
Property subtype
Retail, Office, Mixed Use
Zoning
C-MX-8, UO-2, DO-7
Site & Location
Neighborhood
Elyria Swansea
Building Details
Year Built
2024
Stories
8
Units
2
Listing Agency:
Shames Makovsky
Listed By:
Cory Dulberg · License #CO FA40046787
(303) 319-1262
Source:
Crexi
Added: Nov 19, 2024
Changed: Oct 21
Last Checked: Oct 23 at 3:21AM
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 Shames Makovsky
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in Denver’s River North neighborhood along the South Platte waterfront, this mixed-use property offers one, two, and three bedroom apartment homes. The property contains 21,006 square feet. The Deveraux is positioned within an entrepreneurial and creative landscape.
Key Highlights
- Located in Denver's dynamic River North (RiNo) neighborhood.
- New construction: Built in 2024.
- Situated on the revitalized South Platte waterfront.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$318,947
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,378,940
$6.4M
Cap Rate 7%
$4,556,386
$4.6M
Cap Rate 9%
$3,543,856
$3.5M
Market Conditions
NOI Build-Up for 21,006 SF
Gross rent
$617.6K $29.40/SF
− Vacancy
−$37.7K −$1.79/SF
EGI
$579.9K $27.61/SF
− OpEx
−$261.0K −$12.42/SF
NOI
$318.9K $15.18/SF
Area
Denver, CO
Vacancy
6.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,378,940
Cap Rate 7%
$4,556,386
Cap Rate 9%
$3,543,856
Alternative Uses
Best Use
Apartment 5plus
$4.56M
$3.99M – $5.32M
NOI $318,947 @ 7.0% cap · market cap 7.59%
Second Best
Office B
$4.40M
$3.85M – $5.13M
NOI $307,780 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$6.69M
$5.85M – $7.80M
NOI $468,088 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Explore this area
Business Placement
Demographics for 80216, CO
15,915
Population
6,924
Households
2.3
Avg Household Size
31
Median Age
38%
College-Educated
76%
High-School Grad
10.1 sq mi
ZIP Area
1,576
Density / Sq Mi
$86,869
Median Household Income
$49,966
Median Earnings
$1,934
Median Rent
$392,500
Median Home Value
Market
Vacancy Rate% for Office in Denver, CO
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Denver's River North neighborhood.
Where is this mixed-use property located?
The property is located at 2950 Arkins Cour Denver, CO.
What is the asking price?
The asking price for this property is $4,201,200.
What are key features of this property?
This property features: Located in Denver's dynamic River North (RiNo) neighborhood.; New construction: Built in 2024.; Situated on the revitalized South Platte waterfront.
