Decommissioned Industrial Flex
For Sale
Contact for pricing
5395 E 39th Ave, Denver, CO 80207
Industrial building with decommissioned infrastructure, 2-sided yard options, and 2,000+ amps, ready for a new operator.
Property Size34,660 SF
Price / SF$147.14
Days on Market439
Property Features for 5395 E 39th Ave
General Information
Standard status
Active
Size
34,660 SF
Property subtype
INDUSTRIAL
Zoning
I-A
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Heavy Power
Yes
Listing Agency:
Lee & Associates | Denver
(720) 209-5546
Listed By:
Ray Rosado · License ##FA100-019395
(720) 209-5546
Source:
Moodyscre
Added: May 20, 2025
Changed: Jul 28
Last Checked: Jul 31 at 8:27AM
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 Lee & Associates | Denver
Investment Insights
Based on property information with market context.
5395 E 39th Avenue is a former grow operation that has been completely and properly decommissioned. The building has been opened up and cleaned, and is ready for a new operator. The property includes two yard areas: a 6,400 SF closed yard and a 10,000 SF open yard.
The site offers easy access to I-70 and Colorado Blvd and is in a zoning district designated I-A (Industrial). It is also described as being approximately 20 minutes from Denver International Airport and about 15 minutes from downtown Denver.
The building can be sold as a single industrial asset or configured for separate sale as a property ready to condo, with the process already begun. Per the provided information, one side would be approximately 11,500 SF and the other approximately 12,500 SF. The site is described as having over 2,000 amps, many access points, and an extensive amount of yard space.
The site offers easy access to I-70 and Colorado Blvd and is in a zoning district designated I-A (Industrial). It is also described as being approximately 20 minutes from Denver International Airport and about 15 minutes from downtown Denver.
The building can be sold as a single industrial asset or configured for separate sale as a property ready to condo, with the process already begun. Per the provided information, one side would be approximately 11,500 SF and the other approximately 12,500 SF. The site is described as having over 2,000 amps, many access points, and an extensive amount of yard space.
Key Highlights
- Former grow operation has been completely and properly decommissioned; building is opened up, cleaned, and ready for a new operator
- Two‑sided yard setup: 6,400 SF closed yard and 10,000 SF open yard
- Can be sold as one 34,022 SF building or as condo‑ready sides with 11,500 SF and 12,500 SF (process already begun)
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 | $457.5k | $13.20 |
| − Vacancy | −$36.1k | −$1.04 |
| EGI | $421.4k | $12.16 |
| − OpEx | −$63.2k | −$1.82 |
| NOI | $358.2k | $10.33 |
34,660 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.12M
$4.48M – $5.97M
NOI $358,163 @ 7.0% cap · market cap 7.02%
Second Best
Flex RnD
$4.62M
$4.04M – $5.39M
NOI $323,336 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$11.03M
$9.65M – $12.87M
NOI $772,347 @ 7.0% cap · market cap 15.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80207, CO
21,170
Population
9,291
Households
2.3
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,428
Density / Sq Mi
$112,325
Median Household Income
$71,163
Median Earnings
$1,819
Median Rent
$661,900
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.
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building with decommissioned infrastructure, 2-sided yard options, and 2,000+ amps, ready for a new operator.
Where is this warehouse located?
The property is located at 5395 E 39th Ave Denver, CO.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Former grow operation has been completely and properly decommissioned; building is opened up, cleaned, and ready for a new operator; Two‑sided yard setup: 6,400 SF closed yard and 10,000 SF open yard; Can be sold as one 34,022 SF building or as condo‑ready sides with 11,500 SF and 12,500 SF (process already begun)
