Industrial Building with Fenced
For Sale
$2,350,000
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$169.30
Days on Market97
Property Features for 4895 Washington St
General Information
Standard status
Active
Size
13,881 SF
Lot size
0.66 Acres
Property subtype
Industrial - Manufacturing
Zoning
I-MX-3
Site & Location
Neighborhood
Globeville
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Building Size
13,881 SF
Year Built
1950
Units
2
Listing Agency:
NAI Shames Makovsky
Listed By:
Solomon Stark
(303) 888-0002
Source:
Commercialcafe
Added: Jul 26
Changed: Oct 25
Last Checked: Oct 30 at 11:13AM
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 NAI Shames Makovsky
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$129,493
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,589,860
$2.6M
Cap Rate 7%
$1,849,900
$1.8M
Cap Rate 9%
$1,438,811
$1.4M
Market Conditions
NOI Build-Up for 13,881 SF
Gross rent
$216.5K $15.60/SF
− Vacancy
−$17.3K −$1.25/SF
EGI
$199.2K $14.35/SF
− OpEx
−$69.7K −$5.02/SF
NOI
$129.5K $9.33/SF
Area
Denver, CO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,589,860
Cap Rate 7%
$1,849,900
Cap Rate 9%
$1,438,811
Alternative Uses
Best Use
Flex RnD
$1.85M
$1.62M – $2.16M
NOI $129,493 @ 7.0% cap · market cap 5.51%
Second Best
Industrial
$1.68M
$1.47M – $1.96M
NOI $117,897 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$4.42M
$3.87M – $5.16M
NOI $309,318 @ 7.0% cap · market cap 13.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Under-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Denver, CO
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 $2,350,000.
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
