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    Denver Mixed-Use Property For Sale Title is generated by Realmo AI

    2950 Arkins Cour, Denver, CO 80216

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    Mixed-use property in Denver's River North neighborhood.

    Type:Retail, Office, Mixed Use
    Property size:
    21,006 SF
    Price / SF:
    $200/SF
    Added:
    Nov 19, 2024
    Days on Market:
    567
    Last Refresh:
    May 12 at 9:45 pm

    Property Features for 2950 Arkins Cour

    General Information

    Standard status
    Active
    Size
    21,006 SF
    Property subtype
    Retail, Office, Mixed Use

    Building Details

    Year Built
    2024

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    Listing Contact
    Cory Dulberg
    Cory Dulberg

    Listing agent Cory Dulberg License #CO FA40046787

    Listing office NAI Shames Makovsky

    Listing date Nov 19, 2024

    Source Crexi

    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 NAI Shames Makovsky

    HighLights

    • Located in Denver's dynamic River North (RiNo) neighborhood.
    • New construction: Built in 2024.
    • Situated on the revitalized South Platte waterfront.
    • Offers one, two, and three bedroom apartment homes.
    • Promotes a community‑focused environment.
    • Provides functional luxury.

    Overview

    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.

    Local Financial Insights For Apartment 5plus

    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 $617.6k $29.40
    − Vacancy −$37.7k −$1.79
    EGI $579.9k $27.61
    − OpEx −$261.0k −$12.42
    NOI $318.9k $15.18
    21,006 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $4.56M
    $3.99M – $5.32M (±1% cap)
    NOI $318,947 @ 7.0% cap · market cap 7.59%
    Second Best
    Office B
    $4.40M
    $3.85M – $5.13M (±1% cap)
    NOI $307,780 @ 7.0% cap · market cap 7.33%
    Theoretical Best
    Office A
    $6.69M
    $5.85M – $7.80M (±1% cap)
    NOI $468,088 @ 7.0% cap · market cap 11.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.942
    Latitude
    39.7896

    FAQs

    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.
    More about this property
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