Retail Building with On-Site
3201 N Speer Blvd, Denver, CO 80211
For Sale
$1,478,000
Versatile retail building with a multi-tenant floorplan and on-site parking, suited for an investor or owner-user.
Property Size3,944 SF
Lot Size5,570.00 Acres
Price / SF$374.75
Days on Market142
Property Features for 3201 N Speer Blvd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listed By:
Thomas Bannigan
(713) 824-9777
Source:
Uniqueprop
Added: Jun 25
Changed: Nov 12
Last Checked: Nov 12 at 6:32AM
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 Thomas Bannigan
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Investment Insights
Based on property information with market context.
This retail building offers a flexible floorplan that can support a variety of uses as well as multiple tenants. Constructed in 1953, the property totals 3,944 square feet and sits on a 5,570 square foot lot, with on-site parking included for customer and tenant convenience.
The property is located just blocks from Highlands Square at 32nd & Lowell, placing it within a well-established retail area of Denver. Current zoning is U-SU-A1, which supports consideration for a range of commercial uses consistent with the zoning framework.
With its adaptable layout and parking, the building fits well for an investor seeking a property that can accommodate more than one operating configuration, or for an owner-user looking for space that can be arranged to match day-to-day needs. The combination of a retail-oriented structure, multi-tenant-friendly design, and on-site parking makes it practical for businesses evaluating a presence near Highlands Square.
The property is located just blocks from Highlands Square at 32nd & Lowell, placing it within a well-established retail area of Denver. Current zoning is U-SU-A1, which supports consideration for a range of commercial uses consistent with the zoning framework.
With its adaptable layout and parking, the building fits well for an investor seeking a property that can accommodate more than one operating configuration, or for an owner-user looking for space that can be arranged to match day-to-day needs. The combination of a retail-oriented structure, multi-tenant-friendly design, and on-site parking makes it practical for businesses evaluating a presence near Highlands Square.
Key Highlights
- Built in 1953, 3,944 SF retail building with a multi‑tenant floorplan
- Lot size of 5,570 SF with on‑site parking
- Current zoning: U‑SU‑A1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,989
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,780
$1.1M
Cap Rate 7%
$771,271
$771.3K
Cap Rate 9%
$599,878
$599.9K
Market Conditions
NOI Build-Up for 3,944 SF
Gross rent
$80.9K $20.52/SF
− Vacancy
−$3.8K −$0.96/SF
EGI
$77.1K $19.56/SF
− OpEx
−$23.1K −$5.87/SF
NOI
$54.0K $13.69/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,780
Cap Rate 7%
$771,271
Cap Rate 9%
$599,878
Alternative Uses
Best Use
Retail
$771.3K
$674.9K – $899.8K
NOI $53,989 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.46M
NOI $87,886 @ 7.0% cap · market cap 5.95%
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
1,841
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
McDonald's
Dining
19,644 visits/mo
0.4 miles
AutoZone
Shops & Services
6,937 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
6,679 visits/mo
0.2 miles
U.S. Bank
Shops & Services
4,561 visits/mo
0.5 miles
7-Eleven
Shops & Services
4,479 visits/mo
0.4 miles
Demographics for 80211, CO
37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
Median Home Value
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Market
Properties on Market for Storefront properties in Denver
Vacancy Rate% for Retail in Denver, CO
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Frequently Asked Questions
What type of property is this?
Storefront property - Versatile retail building with a multi-tenant floorplan and on-site parking, suited for an investor or owner-user.
Where is this storefront property located?
The property is located at 3201 N Speer Blvd Denver, CO.
What is the asking price?
The asking price for this property is $1,478,000.
What are key features of this property?
This property features: Built in 1953, 3,944 SF retail building with a multi‑tenant floorplan; Lot size of 5,570 SF with on‑site parking; Current zoning: U‑SU‑A1
