Warehouse with Yard
For Sale
Contact for pricing
3870-3880 Elm St, Denver, CO 80207
Warehouse improvements include floor drains and a dock platform in the yard.
Property Size14,500 SF
Price / SF$165.17
Days on Market892
Property Features for 3870-3880 Elm St
General Information
Standard status
Active
Size
14,500 SF
Property subtype
INDUSTRIAL
Listing Agency:
Colliers - Denver
(303) 745-5800
Listed By:
Tyler Ryon · License #FA.100029794
(720) 833-4612
Source:
Moodyscre
Added: May 9, 2024
Changed: Oct 4
Last Checked: Oct 16 at 10:39AM
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 Colliers - Denver
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 14,500-square-foot warehouse property includes floor drains and a dock platform positioned in the yard. The configuration is suited to multi-tenant occupancy, providing flexibility for users requiring warehouse space with loading infrastructure.
Key Highlights
- 14,500‑square‑foot warehouse property
- Floor drains within the warehouse
- Dock platform located in the yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$149,837
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,996,740
$3.0M
Cap Rate 7%
$2,140,529
$2.1M
Cap Rate 9%
$1,664,856
$1.7M
Market Conditions
NOI Build-Up for 14,500 SF
Gross rent
$191.4K $13.20/SF
− Vacancy
−$15.1K −$1.04/SF
EGI
$176.3K $12.16/SF
− OpEx
−$26.4K −$1.82/SF
NOI
$149.8K $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%
$2,996,740
Cap Rate 7%
$2,140,529
Cap Rate 9%
$1,664,856
Alternative Uses
Best Use
Warehouse
$2.14M
$1.87M – $2.50M
NOI $149,837 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.62M
$4.04M – $5.39M
NOI $323,111 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80207, CO
21,170
Population
9,291
Households
2.3
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,428
Density / Sq Mi
$112,325
Median Household Income
$71,163
Median Earnings
$1,819
Median Rent
$661,900
Median Home Value
Market
Vacancy Rate% for Industrial in Denver, CO
Similar Off Market Nearby
- Self Storage — 3361 Birch Street, Denver, CO 80207
- Seattle Transfer and Storage — 3899 Jackson St Suite 8, Denver, CO 80205
- Storage Star Denver — 4005 Grape St, Denver, CO 80216
- Step Hills Transfer — 4200 Jackson St, Denver, CO 80216
- 303Move/Man With A Van — 5055 E 41st Ave, Denver, CO 80216
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse improvements include floor drains and a dock platform in the yard.
Where is this warehouse located?
The property is located at 3870-3880 Elm St Denver, CO.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: 14,500‑square‑foot warehouse property; Floor drains within the warehouse; Dock platform located in the yard
