Industrial Property With Truck
For Sale
Contact for pricing
5151 York St, Denver, CO 80216
Fenced yard permits outdoor storage and includes drive-through bays with a truck wash.
Property Size12,387 SF
Price / SF$322.52
Days on Market103
Property Features for 5151 York St
General Information
Standard status
Active
Size
12,387 SF
Property subtype
INDUSTRIAL
Listing Agency:
Colliers - Denver
(720) 833-4612
Listed By:
Tyler Ryon · License #FA.100029794
(720) 833-4612
Source:
Moodyscre
Added: May 1
Changed: Jul 31
Last Checked: Aug 10 at 5:32AM
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 Colliers - Denver
Investment Insights
Based on property information with market context.
This 12,387-square-foot industrial property sits on approximately 1.5 acres and includes a fenced yard permissive of outdoor storage. The facility features clear-span construction, floor drains with a sand grease/oil separator, and three drive-through bays, including a drive-through truck wash.
Located at 5151 York St in Denver, the property offers quick access to major thoroughfares. It is vacant and available immediately, providing a ready industrial setting with yard and drive-through functionality.
Located at 5151 York St in Denver, the property offers quick access to major thoroughfares. It is vacant and available immediately, providing a ready industrial setting with yard and drive-through functionality.
Key Highlights
- Approximately 1.5 acres with fenced yard permissive of outdoor storage
- 12,387 square feet of industrial property
- Three drive‑through bays, including a drive‑through truck wash
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
$181,676
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
4.55%
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%
$3,633,520
$3.6M
Cap Rate 7%
$2,595,371
$2.6M
Cap Rate 9%
$2,018,622
$2.0M
Market Conditions
NOI Build-Up for 12,387 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
$254.2K $20.52/SF
− Vacancy
−$11.9K −$0.96/SF
EGI
$242.2K $19.56/SF
− OpEx
−$60.6K −$4.89/SF
NOI
$181.7K $14.67/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
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%
$3,633,520
Cap Rate 7%
$2,595,371
Cap Rate 9%
$2,018,622
Alternative Uses
Best Use
Specialty Retail
$2.60M
$2.27M – $3.03M
NOI $181,676 @ 7.0% cap · market cap 4.55%
Second Best
Retail
$2.42M
$2.12M – $2.83M
NOI $169,564 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$3.94M
$3.45M – $4.60M
NOI $276,026 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Industrial property - Fenced yard permits outdoor storage and includes drive-through bays with a truck wash.
Where is this industrial property located?
The property is located at 5151 York St Denver, CO.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Approximately 1.5 acres with fenced yard permissive of outdoor storage; 12,387 square feet of industrial property; Three drive‑through bays, including a drive‑through truck wash
