Industrial Flex
For Sale
Contact for pricing
471 Kalamath St, Denver, CO 80204
Industrial/flex building offered for sale or lease at 471 Kalamath St in Denver.
Property Size37,247 SF
Price / SF$120.82
Days on Market256
Property Features for 471 Kalamath St
General Information
Standard status
Active
Size
37,247 SF
Property subtype
Industrial, Multifamily, Retail
Zoning
I-MX-5
Investment Type
Owner/User
Site & Location
Neighborhood
Valverde
Building Details
Stories
1
Units
3
Listing Agency:
Crosbie Real Estate Group
Listed By:
Rich Otterstetter · License #CO FA.001166125
(303) 883-1003
Source:
Crexi
Added: Feb 12
Changed: Oct 3
Last Checked: Oct 24 at 3:31PM
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 Crosbie Real Estate Group
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Investment Insights
Based on property information with market context.
This industrial/flex building is available for sale or lease, suited to tenants seeking a combined industrial and flexible use configuration. The property encompasses 37,247 square feet, offering a substantial footprint for business operations that need adaptable space.
Located at 471 Kalamath St in Denver, the building is presented as an industrial/flex option under the broader industrial and warehouse property types. For buyers and tenants evaluating space allocation and operational flexibility, the offering provides a single facility for consideration in a downtown Denver address.
Located at 471 Kalamath St in Denver, the building is presented as an industrial/flex option under the broader industrial and warehouse property types. For buyers and tenants evaluating space allocation and operational flexibility, the offering provides a single facility for consideration in a downtown Denver address.
Key Highlights
- Industrial/flex building offered for sale or lease
- Located at 471 Kalamath St in Denver
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$384,896
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,697,920
$7.7M
Cap Rate 7%
$5,498,514
$5.5M
Cap Rate 9%
$4,276,622
$4.3M
Market Conditions
NOI Build-Up for 37,247 SF
Gross rent
$491.7K $13.20/SF
− Vacancy
−$38.8K −$1.04/SF
EGI
$452.8K $12.16/SF
− OpEx
−$67.9K −$1.82/SF
NOI
$384.9K $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 Rate 5%
$7,697,920
Cap Rate 7%
$5,498,514
Cap Rate 9%
$4,276,622
Alternative Uses
Best Use
Warehouse
$5.50M
$4.81M – $6.41M
NOI $384,896 @ 7.0% cap · market cap 8.55%
Second Best
Flex RnD
$4.96M
$4.34M – $5.79M
NOI $347,470 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$11.86M
$10.37M – $13.83M
NOI $829,994 @ 7.0% cap · market cap 18.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,517
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Denver, CO
Similar Off Market Nearby
- Three Tomatoes Catering — 255 Yuma St, Denver, CO 80223
- Magic Bar Coffee — 1155 W 5th Ave, Denver, CO 80204
- Caiden Razo Catering — 665 Kalamath St, Denver, CO 80204
- The Taquero — 810 Vallejo St, Denver, CO 80204, United States
- Benoit's Catering — 810 Vallejo St, Denver, CO 80204
Frequently Asked Questions
What type of property is this?
Flex space - Industrial/flex building offered for sale or lease at 471 Kalamath St in Denver.
Where is this flex space located?
The property is located at 471 Kalamath St Denver, CO.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Industrial/flex building offered for sale or lease; Located at 471 Kalamath St in Denver
