RiNo District Live/Work
4501-4503 Logan St Denver, CO
4501-4503 Logan St, Denver, CO, 00000
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For Sale
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Stand-alone office building with two units and private parking.
Property Size3,999 SF
Lot Size0.15 Acres
Price / SF$247.31
Days on Market959
Property Features for 4501-4503 Logan St
General Information
- Standard status
- Active
- Size
- 3,999 SF
- Lot size
- 0.15 Acres
- Property subtype
- OFFICE
Listing Agency
Madison Commercial Properties
(970) 261-4207
Listed by
Nicole Campbell
(970) 261-4207
Source
Moodyscre
Added: Dec 5, 2023 Updated: Jul 10 at 11:53 am Checked: Jul 20 at 1:52 am
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 Madison Commercial Properties
Investment Insights
Based on property information with market context.
This stand-alone office building offers an excellent live/work opportunity in the RiNo Art District. The property features two separate units. Newer Marvin windows, custom baseboards and trim, and copper quartzite floors enhance the interior. A rare, private on-site parking lot is included. The building is located approximately 1/2 mile from the S Platte bike path and near the National Western Center master-planned developments, providing convenient access to I-25 and I-70. The property size is 3,999 square feet.
Key Highlights
- Rare, private on‑site parking lot.
- Excellent Live/Work opportunity with two separate units.
- Located in the RiNo Art District.
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 | $105.6k | $26.40 |
| − Vacancy | −$27.4k | −$6.86 |
| EGI | $78.1k | $19.54 |
| − OpEx | −$19.5k | −$4.88 |
| NOI | $58.6k | $14.65 |
3,999 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$837.0K
$732.4K – $976.6K
NOI $58,593 @ 7.0% cap · market cap 5.92%
Second Best
Mixed Use
$804.7K
$704.1K – $938.8K
NOI $56,326 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,112 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Stand-alone office building with two units and private parking.
Where is this office building located?
The property is located at 4501-4503 Logan St Denver, CO.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Rare, private on‑site parking lot.; Excellent Live/Work opportunity with two separate units.; Located in the RiNo Art District.
