Versatile Warehouse for
For Sale
Contact for pricing
4662 Glencoe Street, Denver, CO 80216
Warehouse opportunity near I-70, suited to owner-users and investors seeking flexible commercial space in Denver.
Property Size2,000 SF
Price / SF$224.50
Days on Market70
Property Features for 4662 Glencoe Street
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Industrial
Zoning
industrial
Investment Type
Owner/User
Building Details
Year Built
1980
Year Renovated
2025
Buildings
1
Listing Agency:
View West Properties
Listed By:
keith hartigan · License #022089
Source:
Crexi
Added: Jun 16
Changed: Aug 16
Last Checked: Aug 23 at 3:15AM
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 View West Properties
Investment Insights
Based on property information with market context.
This for-sale warehouse offers a versatile setup for an owner-operator or an investor looking for commercial space near a major interstate. The property is positioned to support a range of practical warehouse needs, with configuration details not provided in the available information.
Located at 4662 Glencoe Street in Denver, Colorado, the property is described as being steps from I-70. That proximity can be advantageous for tenants or operators that value straightforward access to regional transportation routes.
As an owner-investor opportunity, the asset may fit buyers who want the option to occupy the space themselves while retaining the flexibility to evaluate alternative uses consistent with a warehouse environment. Prospective tenants and buyers should review the property details and suitability directly, including any site or building specifics, to confirm fit for their operational requirements.
Located at 4662 Glencoe Street in Denver, Colorado, the property is described as being steps from I-70. That proximity can be advantageous for tenants or operators that value straightforward access to regional transportation routes.
As an owner-investor opportunity, the asset may fit buyers who want the option to occupy the space themselves while retaining the flexibility to evaluate alternative uses consistent with a warehouse environment. Prospective tenants and buyers should review the property details and suitability directly, including any site or building specifics, to confirm fit for their operational requirements.
Key Highlights
- Warehouse opportunity near I‑70, suited to owner‑users and investors
- Built in 1980
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
$20,667
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
4.60%
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%
$413,340
$413.3K
Cap Rate 7%
$295,243
$295.2K
Cap Rate 9%
$229,633
$229.6K
Market Conditions
NOI Build-Up for 2,000 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
$26.4K $13.20/SF
− Vacancy
−$2.1K −$1.04/SF
EGI
$24.3K $12.16/SF
− OpEx
−$3.6K −$1.82/SF
NOI
$20.7K $10.33/SF
Area
Denver, CO
Vacancy
7.90%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
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%
$413,340
Cap Rate 7%
$295,243
Cap Rate 9%
$229,633
Alternative Uses
Best Use
Warehouse
$295.2K
$258.3K – $344.5K
NOI $20,667 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$636.7K
$557.1K – $742.8K
NOI $44,567 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80216, CO
15,915
Population
6,924
Households
2.3
Avg Household Size
31
Median Age
38%
College-Educated
76%
High-School Grad
10.1 sq mi
ZIP Area
1,576
Density / Sq Mi
$86,869
Median Household Income
$49,966
Median Earnings
$1,934
Median Rent
$392,500
Median Home Value
Market
Vacancy Rate% for Industrial in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse opportunity near I-70, suited to owner-users and investors seeking flexible commercial space in Denver.
Where is this warehouse located?
The property is located at 4662 Glencoe Street Denver, CO.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Warehouse opportunity near I‑70, suited to owner‑users and investors; Built in 1980
