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4440 Jason Street, Denver, CO 80211
Leased automotive property combines repair facilities with office space and future residential zoning under Blueprint Denver.
Property Size3,200 SF
Lot Size0.41 Acres
Price / SF$406.25
Days on Market10
Property Features for 4440 Jason Street
General Information
Standard status
Active
Size
3,200 SF
Lot size
0.41 Acres
Property subtype
Industrial
Zoning
I-A, UO-2
Lease Type
Modified Gross
Net Operating Income
$30,654
Building Details
Year Built
1940
Buildings
2
Tenancy
Single
Building Size
3,200 SF
Owner Occupied
No
Listing Agency:
NORTHPEAK Commercial Advisors
(720) 738-1949
Listed By:
David Ray · License #FA.100104966
Source:
Crexi
Added: Aug 20
Changed: Aug 28
Last Checked: Aug 29 at 1:59PM
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 NORTHPEAK Commercial Advisors
Investment Insights
Based on property information with market context.
This 0.41-acre property includes a 3,200-square-foot improvement configured with a house/office and an auto-repair garage. Built in 1940, the site is currently leased to an auto-repair tenant and is zoned I-A, UO-2.
The property is in Denver’s Sunnyside neighborhood within the Near Northwest Area Plan, adopted by Denver City Council in January 2024. A pedestrian bridge at 41st is three blocks away and connects Sunnyside with the Fox Park development. Blueprint Denver identifies future residential zoning for the property, providing a documented long-term land-use direction alongside the existing automotive use.
The property is in Denver’s Sunnyside neighborhood within the Near Northwest Area Plan, adopted by Denver City Council in January 2024. A pedestrian bridge at 41st is three blocks away and connects Sunnyside with the Fox Park development. Blueprint Denver identifies future residential zoning for the property, providing a documented long-term land-use direction alongside the existing automotive use.
Key Highlights
- 0.41‑acre parcel with a 3,200 SF house/office and auto‑repair garage
- Currently leased to an auto‑repair tenant
- I‑A, UO‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,886
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$937,720
$937.7K
Cap Rate 7%
$669,800
$669.8K
Cap Rate 9%
$520,956
$521.0K
Market Conditions
NOI Build-Up for 3,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$84.5K $26.40/SF
− Vacancy
−$22.0K −$6.86/SF
EGI
$62.5K $19.54/SF
− OpEx
−$15.6K −$4.88/SF
NOI
$46.9K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$937,720
Cap Rate 7%
$669,800
Cap Rate 9%
$520,956
Alternative Uses
Best Use
Office B
$669.8K
$586.1K – $781.4K
NOI $46,886 @ 7.0% cap · market cap 3.61%
Second Best
Retail
$625.8K
$547.6K – $730.1K
NOI $43,804 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.02M
$891.3K – $1.19M
NOI $71,307 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pay Air Machine — 1804 31st St, Denver, CO 80216
- 1 Mile Auto Repair — 3801 Tejon St, Denver, CO 80211
- Old Corner Auto Shop: Transmissions & Mufflers — 3801 Tejon St, Denver, CO 80211
- Chihuas Tires — 3801 Kalamath St, Denver, CO 80211
- Arturo's Shop LLC — 3758 Kalamath St, Denver, CO 80211
Frequently Asked Questions
What type of property is this?
Auto shop - Leased automotive property combines repair facilities with office space and future residential zoning under Blueprint Denver.
Where is this auto shop located?
The property is located at 4440 Jason Street Denver, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 0.41‑acre parcel with a 3,200 SF house/office and auto‑repair garage; Currently leased to an auto‑repair tenant; I‑A, UO‑2 zoning
