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Office/Flex/Warehouse on Fenced Yard

4475 East 74th Avenue Commerce City, CO 80022

4475 East 74th Avenue, Commerce City, CO, 80022
$6,650,000
For Sale
$6,650,000

Well-built office/flex/warehouse with a large fenced yard, sprinklered improvements, and multiple drive-in doors on 4.28 acres.

Property Size33,660 SF
Lot Size4.28 Acres
Price / SF$197.56
Days on Market51

Property Features for 4475 East 74th Avenue

General Information

Standard status
Active
Size
33,660 SF
Lot size
4.28 Acres
Property subtype
Office/Flex/Warehouse
Listing agency Lincoln Property Company Denver
Listed by Sam Slaton · License #40011466
Source Lpc
Added: Jun 2 Updated: Jul 21 at 8:38PM Checked: Jul 21 at 8:38PM

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 Lincoln Property Company Denver


Investment Insights

Based on property information with market context.

A well-built office/flex/warehouse totaling 33,660 SF sits on a 4.28-acre site that includes a large 2.9-acre fenced yard. The building is configured with 29,660 SF of office space and 4,000 SF of warehouse space, with features including clear height of 14 feet, an elevator, and sprinkler service. The warehouse includes four (12 x 12) drive-in doors, and electrical service is listed as 1,200 amps at 480/277 (to be verified by buyer or tenant).

A portion of the space is available for immediate occupancy by a purchaser, with up to 24,510 SF stated as immediately occupiable. The fenced yard can be used for outside storage or excess parking, and the site also allows for development of an additional building. Plans are permitted for an 18,000 SF maintenance facility and can be assigned with the purchase.

Additional development and utility details are provided in the offering materials, including the stated zoning (I-2) and the electrical specification, both of which should be confirmed by the buyer or tenant.

Key Highlights

  • 33,660 SF office/flex/warehouse on a 4.28‑acre site with existing income in place
  • Up to 24,510 SF available for immediate occupancy
  • 29,660 SF office with 4,000 SF warehouse space

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $1.01M $30.00
− Vacancy −$197.9k −$5.88
EGI $811.9k $24.12
− OpEx −$203.0k −$6.03
NOI $608.9k $18.09
33,660 SF · lease $30.00/SF/yr · vacancy 19.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$8.70M
$7.61M – $10.15M (±1% cap)
NOI $608,909 @ 7.0% cap · market cap 9.16%
Second Best
Warehouse
$6.96M
$6.09M – $8.12M (±1% cap)
NOI $486,962 @ 7.0% cap · market cap 7.32%
Theoretical Best
Multifamily LT 5
$495.24M
$433.34M – $577.78M (±1% cap)
NOI $34,666,888 @ 7.0% cap · market cap 521.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Auto Repair Shop Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Law Firm Spa & Massage Center Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Flex space - Well-built office/flex/warehouse with a large fenced yard, sprinklered improvements, and multiple drive-in doors on 4.28 acres.
Where is this flex space located?
The property is located at 4475 East 74th Avenue Commerce City, CO.
What is the asking price?
The asking price for this property is $6,650,000.
What are key features of this property?
This property features: 33,660 SF office/flex/warehouse on a 4.28‑acre site with existing income in place; Up to 24,510 SF available for immediate occupancy; 29,660 SF office with 4,000 SF warehouse space
Contact an agent
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