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Industrial Building with Fenced Yard
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4895 Washington St, Denver, CO 80216

Functional industrial building on a corner lot with fenced yard space and drive-in access.

Property Size13,881 SF
Lot Size0.66 Acres
Price / SF$198.11
Days on Market402

Property Features for 4895 Washington St

General Information

Standard status Active
Size 13,881 SF
Lot size 0.66 Acres
Property subtype INDUSTRIAL
Zoning I-MX-3

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes
Listing Agency: Shames Makovsky
Listed By: Solomon Stark
Source: Moodyscre
Added: Jun 24, 2025 Changed: Jul 27 Last Checked: Jul 29 at 2:53PM

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 Shames Makovsky

Investment Insights

Based on property information with market context.

4895 Washington St. is a 13,881 SF industrial building situated on a 28,675 SF corner lot. The property includes fenced yard space and drive-in access, supporting flexible industrial use within the existing improvements.

The site is zoned I-MX-3 and is located at 49th & Washington in Denver’s Globeville neighborhood, positioned at the crossroads of Denver’s industrial and urban redevelopment zones. The property also offers immediate proximity to major highways and is surrounded by transformative development projects, which may be relevant for owner-users, investors, and developers.

As offered, this is a highly functional industrial asset with outdoor storage/yard space and direct vehicular access from the site.

Key Highlights

  • 13,881 SF industrial building on a 28,675 SF corner lot at 49th & Washington in Denver’s Globeville neighborhood
  • I‑MX‑3 zoning
  • Fenced yard space for additional on‑site use

Financial Insights For Flex RnD

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 $216.5k $15.60
− Vacancy −$17.3k −$1.25
EGI $199.2k $14.35
− OpEx −$69.7k −$5.02
NOI $129.5k $9.33
13,881 SF · lease $15.60/SF/yr · vacancy 8.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,493 @ 7.0% cap · market cap 4.71%
Second Best
Industrial
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,897 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$4.42M
$3.87M – $5.16M (±1% cap)
NOI $309,318 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Smark A Myth Racing, ... Auto Repair Shop V & V Valadez ... Building Supply

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon Spa & Massage Center Pharmacy Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby
Under-served
Demand for This Use

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

5.8% 2019
6.2% 2020
5.9% 2021
6.6% 2022
7% 2023
7.7% 2024
8.1% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Functional industrial building on a corner lot with fenced yard space and drive-in access.
Where is this flex space located?
The property is located at 4895 Washington St Denver, CO.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 13,881 SF industrial building on a 28,675 SF corner lot at 49th & Washington in Denver’s Globeville neighborhood; I‑MX‑3 zoning; Fenced yard space for additional on‑site use
(303) 888-0002 Call to check price and availability
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