Warehouse with Secure Fenced
For Sale
Contact for pricing
4970 Cook St, Denver, CO 80216
Fenced, secure warehouse site with 600-amp, 480V power, two docks, and three oversized drive-in doors.
Property Size20,000 SF
Lot Size2.47 Acres
Price / SF$245
Days on Market97
Property Features for 4970 Cook St
General Information
Standard status
Active
Size
20,000 SF
Lot size
2.47 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
22 ft
Dock-High Doors
2
Drive-In Doors
3
Power
600 amps
Voltage
480 V
Additional Details
Fenced Yard
Yes
Listing Agency:
Newmark | Denver
(303) 260-4340
Listed By:
Michael Wafer, Jr. · License #241181
(303) 260-4407
Source:
Moodyscre
Added: May 20
Changed: Aug 22
Last Checked: Aug 24 at 1:59PM
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.
Warehouse space with full property renovations underway, set on a fenced and secure 2.47-acre site. The building offers 20,000 SF of warehouse area with 22' clear height, two docks, and three oversized drive-in doors.
The site includes 600 amps of 480V power, supporting flexible warehouse electrical capacity for a range of operating needs. Fencing and secured access help support controlled on-site activity.
This offering is presented for sale and also noted as available for lease, offering flexibility for buyers or tenants evaluating logistics, warehousing, or distribution space.
The site includes 600 amps of 480V power, supporting flexible warehouse electrical capacity for a range of operating needs. Fencing and secured access help support controlled on-site activity.
This offering is presented for sale and also noted as available for lease, offering flexibility for buyers or tenants evaluating logistics, warehousing, or distribution space.
Key Highlights
- 20,000 SF warehouse space
- On 2.47‑acre fenced and secure site
- Full property renovations underway
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
$206,672
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
4.22%
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%
$4,133,440
$4.1M
Cap Rate 7%
$2,952,457
$3.0M
Cap Rate 9%
$2,296,356
$2.3M
Market Conditions
NOI Build-Up for 20,000 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
$264.0K $13.20/SF
− Vacancy
−$20.9K −$1.04/SF
EGI
$243.1K $12.16/SF
− OpEx
−$36.5K −$1.82/SF
NOI
$206.7K $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%
$4,133,440
Cap Rate 7%
$2,952,457
Cap Rate 9%
$2,296,356
Alternative Uses
Best Use
Warehouse
$2.95M
$2.58M – $3.44M
NOI $206,672 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.37M
$5.57M – $7.43M
NOI $445,670 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
2
Dock-high doors
3
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
445
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sky Ranch Storage — 4375 Madison St, Denver, CO 80216
- Grow Space Storage — Denver, CO 80216
- Mile High Mobile Storage — 4390 Madison St, Denver, CO 80216
- Nearby Self Storage Units — 4262 Madison St, Denver, CO 80216, United States
- Reyes Moving and Transport — 4536 Josephine St, Denver, CO 80216
Frequently Asked Questions
What type of property is this?
Warehouse - Fenced, secure warehouse site with 600-amp, 480V power, two docks, and three oversized drive-in doors.
Where is this warehouse located?
The property is located at 4970 Cook St Denver, CO.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 20,000 SF warehouse space; On 2.47‑acre fenced and secure site; Full property renovations underway
