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    Remodeled Commercial Property Near Development Title is generated by Realmo AI

    4300 Delaware, Denver, CO 80216

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    For Sale
    $595,000

    Turn-key commercial property in Globeville, near upcoming World Trade Center.

    Type:Land or Vacant Lot
    Property size:
    1,791 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $332/SF
    Added:
    Dec 29, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 5 at 9:53 pm

    Property Features for 4300 Delaware

    General Information

    Standard status
    Active
    Size
    1,791 SF
    Lot size
    0.13 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    IVAN HERNANDEZ
    IVAN HERNANDEZ

    Listing agent IVAN HERNANDEZ

    Listing office Luxe Realty, Inc.

    Listing date Dec 29, 2025

    Source Corcoran

    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 Luxe Realty, Inc.

    HighLights

    • Prime location in the rapidly developing Fox Island District of Globeville, near the future World Trade Center Denver campus and Fox Park development.
    • Turn‑key, recently remodeled commercial property with versatile options for use.
    • Two combined lots totaling 5,530 sqft, offering ample exterior space for parking, storage, or future expansion.
    • Fully finished ground‑level basement (649 sqft) with private entrance, bathroom, washer/dryer hookups, and bar/kitchen area, suitable for separate tenancy or additional operations.
    • Equipped with two walk‑in coolers, ideal for food‑related businesses.
    • Multiple investment options: live/work, lease both levels separately, or occupy the entire space.

    Overview

    This commercial property is located in the Fox Island District of Globeville. The recently remodeled building features 1,142 square feet of open functional area on the main level, with an additional 649-square-foot fully finished ground-level basement that has its own private entrance. The basement includes a bathroom, washer and dryer hookups, and a bar/kitchen area. The property is situated on two combined lots totaling 5,530 square feet, offering exterior space for parking, storage, or potential future expansion. Currently equipped with two walk-in coolers, the building is suitable for food concepts or food truck operators needing office, prep space, storage, and parking. The property offers multiple options: live/work, lease both levels separately, utilize one while generating rental income from the other, or occupy the entire space. The property is located blocks from the upcoming World Trade Center Denver campus, set to open in 2027 as part of the 41-acre Fox Park development. This project will include over 2 million square feet of office space, 3,400 residential units, a hotel, restaurants, and 14 acres of parks and public amenities. URWLD, a new indoor adventure hub, will also be part of this redevelopment. The property has easy access to I25, I70, and the 41st and Fox light rail station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.992
    Latitude
    39.7753

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    FAQs

    What type of property is this?
    Mixed-use property - Turn-key commercial property in Globeville, near upcoming World Trade Center.
    Where is this mixed-use property located?
    The property is located at 4300 Delaware Denver, CO.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Prime location in the rapidly developing Fox Island District of Globeville, near the future World Trade Center Denver campus and Fox Park development.; Turn‑key, recently remodeled commercial property with versatile options for use.; Two combined lots totaling 5,530 sqft, offering ample exterior space for parking, storage, or future expansion.
    (720) 575-1050
    We can help!
    Listing Contact
    IVAN HERNANDEZ
    IVAN HERNANDEZ
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    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.

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