Mixed-Use Commercial
For Sale
Contact for pricing
2950 Arkins Ct, Denver, CO 80216
Listed uses include banking, food service, merchandise sales, and personal care services.
Property Size21,006 SF
Price / SF$200
Days on Market641
Property Features for 2950 Arkins Ct
General Information
Standard status
Active
Size
21,006 SF
Property subtype
OFFICE
Listing Agency:
Shames Makovsky
(303) 319-1262
Listed By:
Cory Dulberg · License #FA40046787
(303) 319-1262
Source:
Moodyscre
Added: Nov 19, 2024
Changed: Aug 17
Last Checked: Aug 22 at 12:50PM
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
Investment Insights
Based on property information with market context.
This 21,006-square-foot mixed-use commercial property is located at 2950 Arkins Ct in Denver, Colorado. The property information identifies potential uses including banking and financial services, eating and drinking establishments, general merchandise sales, and personal and personal care services such as hair and nail salons, tanning salons, and day spas.
Key Highlights
- 21,006 square feet of mixed‑use commercial space
- Located at 2950 Arkins Ct, Denver, CO 80216
- Listed for banking and financial services
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$307,780
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,155,600
$6.2M
Cap Rate 7%
$4,396,857
$4.4M
Cap Rate 9%
$3,419,778
$3.4M
Market Conditions
NOI Build-Up for 21,006 SF
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.
Gross rent
$554.6K $26.40/SF
− Vacancy
−$144.2K −$6.86/SF
EGI
$410.4K $19.54/SF
− OpEx
−$102.6K −$4.88/SF
NOI
$307.8K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,155,600
Cap Rate 7%
$4,396,857
Cap Rate 9%
$3,419,778
Alternative Uses
Best Use
Specialty Retail
$4.40M
$3.85M – $5.13M
NOI $308,088 @ 7.0% cap · market cap 7.33%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,565
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Listed uses include banking, food service, merchandise sales, and personal care services.
Where is this mixed-use property located?
The property is located at 2950 Arkins Ct 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: 21,006 square feet of mixed‑use commercial space; Located at 2950 Arkins Ct, Denver, CO 80216; Listed for banking and financial services
