Updated Industrial Facility For
4705 Oakland St Denver, CO
4705 Oakland St, Denver, CO, 00000
Contact for pricing
For Sale
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Freestanding industrial facility with income in place and updated features.
Property Size24,000 SF
Lot Size1.22 Acres
Price / SF$181.25
Days on Market649
Property Features for 4705 Oakland St
General Information
- Standard status
- Active
- Size
- 24,000 SF
- Lot size
- 1.22 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Newmark | Denver
(303) 523-2560
Listed by
Mike Wafer, SIOR
(303) 523-2560
Source
Moodyscre
Added: Oct 8, 2024 Checked: Jul 17 at 4:08 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 Newmark | Denver
Investment Insights
Based on property information with market context.
This updated industrial facility offers 12,000 square feet of available space, with existing income in place for 50% of the 24,000-square-foot building. The property features heavy power, three grade-level doors, one dock, and a 17-foot clear height. Its location provides convenient access within five minutes to both I-70 and I-225, and it is situated approximately 20 minutes from Denver International Airport, Downtown Denver, and the Denver Technology Center.
Key Highlights
- Income potential with 50% of the building currently leased.
- Updated, freestanding industrial facility with 12,000 SF.
- Heavy power capacity suitable for industrial use.
Local Financial Insights For Warehouse
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 | $316.8k | $13.20 |
| − Vacancy | −$25.0k | −$1.04 |
| EGI | $291.8k | $12.16 |
| − OpEx | −$43.8k | −$1.82 |
| NOI | $248.0k | $10.33 |
24,000 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.54M
$3.10M – $4.13M
NOI $248,007 @ 7.0% cap · market cap 5.70%
Second Best
Industrial
$2.91M
$2.55M – $3.40M
NOI $203,842 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$7.64M
$6.69M – $8.91M
NOI $534,804 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
All Care Wellness ...
Wellness Program
The People's Law Firm
Law Firm
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FAQs
What type of property is this?
Warehouse - Freestanding industrial facility with income in place and updated features.
Where is this warehouse located?
The property is located at 4705 Oakland St Denver, CO.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: Income potential with 50% of the building currently leased.; Updated, freestanding industrial facility with 12,000 SF.; Heavy power capacity suitable for industrial use.
