Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    340 W Hampden Ave Englewood, CO 80110

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Highly visible commercial property in a high-traffic Englewood corridor.

    Property size:
    8,648 SF
    Lot size:
    0.46 Acres

    Property Features for 340 W Hampden Ave

    General Information

    Standard status
    Active
    Zoning
    B-3
    Size
    8,648 SF
    Lot size
    0.46 Acres

    Building Details

    Year built
    1981

    We can help!

    Listing Contact
    Fred Louis
    Fred Louis
    Source: Crexi

    Listing Agency: Legacy Realty Group Listing Agent: Fred Louis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Englewood Commercial Property For Sale

    This commercial property is located in a high-traffic corridor of Englewood. Formerly available for lease, the property is now offered for sale. The property is suitable for owner-users or investors seeking long-term value and flexibility. The property offers versatile, adaptable spaces suitable for a range of business uses. The property has a size of 8648 square feet.
    Location Intelligence

    Current Use by Public Records

    Kianna ​Gara​ge Doo​rs ... Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.992047
    Latitude
    39.6528352

    Nearby Similar for Sale

    • $775,000

      Englewood Office Building with Visibility

      Versatile office property with prime location and flexible space.
      4219 S Broadway, Englewood, CO 80113
      View Details
    • New
      $2,350,000
      5,188 SF

      Englewood Retail/Office Opportunity

      Move-in ready retail/office space with redevelopment potential.
      2775 S Broadway, Englewood, CO 80113
      View Details
    • $600,000

      Stand-Alone Office Building For Sale

      Small office building on South Federal Blvd in Sheridan.
      3915 S Federal Blvd, Englewood, CO 80110
      View Details
    • $899,000

      Englewood Commercial Condo Opportunity

      Three contiguous commercial condo units in Huron Business Center.
      3679 S Huron St, Englewood, CO 80110
      View Details
    • $2,280,000
      12,798 SF

      Englewood Multi-Tenant Industrial Property

      Multi-tenant industrial property in Englewood Industrial Park for sale.
      2860 S Vallejo St, Englewood, CO 80110
      View Details
    • $1,800,000
      10,027 SF

      Englewood Multi-Tenant Industrial Asset

      10,027 SF multi-tenant industrial asset in Englewood Industrial Park.
      2492 S Tejon St, Englewood, CO 80110
      View Details
    • $595,000

      Renovated Retail Building on Broadway

      Recently renovated retail building in a high-visibility Englewood location.
      3839 S Broadway, Englewood, CO 80113
      View Details
    • $2,200,000

      Englewood Freestanding Owner-User Building

      Remodeled flex building with warehouse, offices, and outside storage.
      2700 S Shoshone St, Englewood, CO 80110
      View Details
    • $3,200,000
      4,050 SF

      Restaurant with Drive-Thru on Zenith

      Free-standing restaurant with drive-thru in high-traffic location.
      9846 Zenith Meridian Dr, Englewood, CO 80112
      View Details
    • $1,495,000
      1,601 SF

      Englewood Retail and Auto Location

      Prime location for restaurant or auto use on Broadway.
      4732 S Broadway, Englewood, CO 80113
      View Details
    • $825,000
      3,833 SF

      Mixed-Use Property on South Broadway

      Mixed-use property with bar, art studio, and residential units.
      4370 S Broadway, Englewood, CO 80113
      View Details
    • $900,000
      7,040 SF

      Englewood Flex Building For Sale

      Twin-T flex building with high visibility and storage potential.
      3958 S Federal Blvd, Englewood, CO 80110
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Highly visible commercial property in a high-traffic Englewood corridor.
    Where is this mixed-use property located?
    The property is located at 340 W Hampden Ave Englewood, CO.
    What are key features of this property?
    This property features: - Highly visible, strategically located in a high-traffic area; - Rare opportunity to own commercial property in Englewood; - Ideal for owner-users or investors
    Request Owner's contact information
    340 W Hampden Ave Englewood, CO 80110
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    340 W Hampden Ave
    Englewood, CO 80110
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    340 W Hampden Ave Englewood, CO 80110
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Fred Louis
    Fred Louis
    Real Estate License ID: ER.100087356
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!