Commercial Land with Existing
For Sale
$3,200,000
3100 Blake St, Denver, CO 80205
C-MX-5 zoning supports a range of redevelopment possibilities, with HVAC, electrical service and gas infrastructure already in place.
Property Size10,941 SF
Days on Market10
Property Features for 3100 Blake St
General Information
Standard status
Active
Size
10,941 SF
Zoning
C-MX-5
Site & Location
Neighborhood
Five Points
Taxes and HOA fees
Annual Taxes
$57,337
Amenities
Assessor
Paved,Curbs,Sidewalks
Public
12495
0.29
No
Asphalt
City Street
10941
Building Details
Building Size
10,941 SF
Year Built
1934
Listing Agency:
(970) 594-9228
Listed By:
Angie Sparks
Source:
Focalrealestategroup
Added: Oct 26
Changed: Oct 31
Last Checked: Nov 4 at 7:09AM
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 Angie Sparks
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Investment Insights
Based on property information with market context.
This commercial land offering includes an existing 1934-built structure with 12-foot clear height and one 8-by-10-foot dock-high door. The building is equipped with substantial HVAC capacity, ample electrical power and a 1.5-inch gas service line. C-MX-5 zoning is identified for the property.
The parcel occupies a corner in Denver’s RiNo district, with access to major highways. Restaurants, breweries and entertainment venues are within walking distance. The property has paved surfaces, curbs and sidewalks.
The parcel occupies a corner in Denver’s RiNo district, with access to major highways. Restaurants, breweries and entertainment venues are within walking distance. The property has paved surfaces, curbs and sidewalks.
Key Highlights
- 0.29‑acre parcel at a corner in Denver’s RiNo district
- C‑MX‑5 zoning
- One 8'x10' dock‑high door and 12' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,060
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,261,200
$2.3M
Cap Rate 7%
$1,615,143
$1.6M
Cap Rate 9%
$1,256,222
$1.3M
Market Conditions
NOI Build-Up for 10,941 SF
Gross rent
$144.4K $13.20/SF
− Vacancy
−$11.4K −$1.04/SF
EGI
$133.0K $12.16/SF
− OpEx
−$20.0K −$1.82/SF
NOI
$113.1K $10.33/SF
Area
Denver, CO
Vacancy
7.90%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,261,200
Cap Rate 7%
$1,615,143
Cap Rate 9%
$1,256,222
Alternative Uses
Best Use
Warehouse
$1.62M
$1.41M – $1.88M
NOI $113,060 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.48M
$3.05M – $4.06M
NOI $243,804 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,994
Businesses Nearby
Explore this area
Business Placement
Demographics for 80205, CO
34,967
Population
19,040
Households
1.8
Avg Household Size
34
Median Age
61%
College-Educated
94%
High-School Grad
4.6 sq mi
ZIP Area
7,602
Density / Sq Mi
$98,770
Median Household Income
$69,760
Median Earnings
$1,816
Median Rent
$627,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Denver, CO
Frequently Asked Questions
What type of property is this?
Commercial land - C-MX-5 zoning supports a range of redevelopment possibilities, with HVAC, electrical service and gas infrastructure already in place.
Where is this commercial land located?
The property is located at 3100 Blake St Denver, CO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 0.29‑acre parcel at a corner in Denver’s RiNo district; C‑MX‑5 zoning; One 8'x10' dock‑high door and 12' clear height
