I-B Zoned Commercial
New
For Sale
$800,000
5187 Fillmore Street, Denver, CO 80216
The site offers access to I-70 and I-25 within an established industrial and commercial corridor.
Property Size6,107 SF
Days on Market3
Property Features for 5187 Fillmore Street
General Information
Standard status
Active
Size
6,107 SF
Class
C
Total Parking Spaces
4
Property subtype
Commercial
Zoning
I-B
Taxes and HOA fees
Annual Taxes
$17,767
Building Details
Building Size
6,107 SF
Year Built
1886
Listing Agency:
Berkshire Hathaway HomeServices Colorado Real Estate, LLC - Brighton
(303) 862-0252
Listed By:
Tonya Sargent
(303) 862-0252
Source:
Coloradopartners
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 2 at 4:12AM
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 Berkshire Hathaway HomeServices Colorado Real Estate, LLC - Brighton
Investment Insights
Based on property information with market context.
This I-B zoned commercial land is positioned for industrial, warehouse, or distribution-oriented development. The property is located at 5187 Fillmore Street in Denver and carries Opportunity Zone designation. Its setting includes a mix of industrial and commercial businesses, with access to both I-70 and I-25.
An adjacent 0.3874-acre parcel at 5182 Thompson Ct. is also available. That parcel includes two garage bays, covered parking, 3-phase electrical service, storage, and an upstairs office. A separate 10,125 sf lot on Thompson Ct., along with other surrounding parcels, may also be acquired. The additional property was previously used for an owner-operated auto parts dealership.
An adjacent 0.3874-acre parcel at 5182 Thompson Ct. is also available. That parcel includes two garage bays, covered parking, 3-phase electrical service, storage, and an upstairs office. A separate 10,125 sf lot on Thompson Ct., along with other surrounding parcels, may also be acquired. The additional property was previously used for an owner-operated auto parts dealership.
Key Highlights
- I‑B zoning at 5187 Fillmore Street
- Access to I‑70 and I‑25
- Opportunity Zone designation
Financial Insights For Warehouse
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 | $80.6k | $13.20 |
| − Vacancy | −$6.4k | −$1.04 |
| EGI | $74.2k | $12.16 |
| − OpEx | −$11.1k | −$1.82 |
| NOI | $63.1k | $10.33 |
6,107 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$901.5K
$788.8K – $1.05M
NOI $63,107 @ 7.0% cap · market cap 7.89%
Second Best
Industrial
$741.0K
$648.4K – $864.5K
NOI $51,869 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $136,085 @ 7.0% cap · market cap 17.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
403
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
Properties on Market for Commercial land in Arapahoe County
Vacancy Rate% for Industrial in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - The site offers access to I-70 and I-25 within an established industrial and commercial corridor.
Where is this commercial land located?
The property is located at 5187 Fillmore Street Denver, CO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: I‑B zoning at 5187 Fillmore Street; Access to I‑70 and I‑25; Opportunity Zone designation
