Building Details

Year Built 1953

Stories 1

Listing Agency: City Park Realty LLC

Listed By: Olga Trujillo Show Phone

Source: Teamuniteddenver

Added: Jul 3 Changed: Oct 13 Last Checked: Oct 7 at 2:41PM

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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 City Park Realty LLC

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Investment Insights

Based on property information with market context.

This freestanding, single-story commercial building was built in 1953 and offers approximately 3,558 square feet of flexible space. The property is positioned on a high-visibility corner lot with more than 130 feet of direct street frontage, supporting strong signage exposure opportunities. Its E-MX-3 zoning (Urban Edge Mixed-Use) provides flexibility for retail, service, office, or automotive uses, alongside dedicated on-site parking.

The site is located at the corner of Morrison Road and Quitman Street in Denver’s Westwood area, positioned along a busy transit corridor near major Denver highways.

For an owner-operator or an investor seeking a versatile standalone building, the combination of flexible zoning, broad frontage, and on-site parking supports a range of practical commercial configurations.

Key Highlights

• 3,558 sq. ft. single‑story freestanding commercial building built in 1953
• Over 130 ft of direct street frontage on the corner of Morrison Road and Quitman Street
• Flexible E‑MX‑3 (Urban Edge Mixed‑Use) zoning supporting a range of retail, service, office, or automotive uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$51,780

Cap Rate

8.64%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,035,600 $1.0M

Cap Rate 7%

$739,714 $739.7K

Cap Rate 9%

$575,333 $575.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,558 SF

Gross rent

$76.9K $21.60/SF

− Vacancy

−$2.9K −$0.81/SF

EGI

$74.0K $20.79/SF

− OpEx

−$22.2K −$6.24/SF

NOI

$51.8K $14.55/SF

Area

ZIP 80219

Vacancy

3.75%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,035,600

Cap Rate 7%

$739,714

Cap Rate 9%

$575,333

Alternative Uses

Best Use

Office B

$858.5K

$751.2K – $1.00M (±1% cap)

NOI $60,092 @ 7.0% cap · market cap 10.03%

Second Best

Retail

$739.7K

$647.3K – $863.0K (±1% cap)

NOI $51,780 @ 7.0% cap · market cap 8.64%

Theoretical Best

Office A

$1.01M

$888.1K – $1.18M (±1% cap)

NOI $71,046 @ 7.0% cap · market cap 11.86%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Daycare Center Garden Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

539

Businesses Nearby

Explore this area Business Placement

Demographics for 80219, CO

61,585

Population

21,729

Households

2.8

Avg Household Size

33

Median Age

22%

College-Educated

72%

High-School Grad

7.4 sq mi

ZIP Area

8,322

Density / Sq Mi

$67,325

Median Household Income

$41,153

Median Earnings

$1,464

Median Rent

$426,200

Median Home Value

Market

Vacancy Rate% for Office in Denver, CO

14.5% 2019

17.4% 2020

19.3% 2021

21.8% 2022

23% 2023

25% 2024

26.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Single-story freestanding building with extensive street frontage, dedicated on-site parking, and flexible E-MX-3 mixed-use zoning.

Where is this retail space located?

The property is located at 4100 Morrison Rd Denver, CO.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: 3,558 sq. ft. single‑story freestanding commercial building built in 1953; Over 130 ft of direct street frontage on the corner of Morrison Road and Quitman Street; Flexible E‑MX‑3 (Urban Edge Mixed‑Use) zoning supporting a range of retail, service, office, or automotive uses