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 Market687
Property Features for 2950 Arkins Ct
General Information
Standard status
Active
Size
21,006 SF
Property subtype
OFFICE
Listing Agency:
Shames Makovsky
(303) 534-5005
Listed By:
Cory Dulberg · License #FA40046787
(303) 319-1262
Source:
Moodyscre
Added: Nov 19, 2024
Changed: Oct 4
Last Checked: Oct 5 at 7:04PM
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 / Yr
$307,780
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
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
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 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
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Denver, CO
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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
