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Denver Industrial Flex Warehouse Space
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5454 Washington St, Denver, CO

3,158 SF industrial/flex warehouse near downtown Denver.

Property Size3,158 SF
Lot Size0.80 Acres
Price / SF$221.34
Days on Market822

Property Features for 5454 Washington St

General Information

Standard status Active
Size 3,158 SF
Lot size 0.80 Acres
Property subtype INDUSTRIAL
Listing Agency: Hoff & Leigh
Listed By: Brandon Langiewicz · License #FA.100074977
Source: Moodyscre
Added: May 2, 2024 Changed: Jul 6 Last Checked: Jul 21 at 5:45AM

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 Hoff & Leigh

Investment Insights

Based on property information with market context.

This 3,158 square foot industrial/flex warehouse space is located in the Denver Metro market. Zoned I-2, the unit allows most heavy industrial uses. It features accessible water and sewer, and high-speed internet is available. The property is equipped with 200 Amps/240 VAC/3-phase power and 14-foot overhead doors. The unit includes 2 reserved parking spaces, with space for a third vehicle in front of the overhead door. Monthly association dues are approximately $450, covering CAMs and exterior insurance. Property taxes, interior insurance, and utilities are separate. Situated within an Opportunity Zone, the unit is about a 10-minute drive from downtown Denver and offers unobstructed views of downtown. The unit recently sustained fire damage and is being restored to a shell condition with a bathroom. The seller is open to selling it as-is and is open to offers.

Key Highlights

  • Rare I‑2 zoning allows for most heavy industrial uses.
  • 3,158 SF industrial/flex warehouse space in the Denver Metro market.
  • Convenient location approximately 10 minutes from downtown Denver with unobstructed downtown views.

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 $41.7k $13.20
− Vacancy −$3.3k −$1.04
EGI $38.4k $12.16
− OpEx −$5.8k −$1.82
NOI $32.6k $10.33
3,158 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$466.2K
$407.9K – $543.9K (±1% cap)
NOI $32,634 @ 7.0% cap · market cap 4.67%
Second Best
Flex RnD
$420.9K
$368.3K – $491.0K (±1% cap)
NOI $29,460 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.01M
$879.6K – $1.17M (±1% cap)
NOI $70,371 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

City Bakery Bakery A Touch of Class Music Theater & Performing Art Venue IES Distributors Big Box & Wholesale Store Connect Distributing Big Box & Wholesale Store Colorado Drive Shaft Auto Repair Shop

Suggested Use

Top Pick Dental Office Pharmacy Nail Salon Spa & Massage Center (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

169
Businesses Nearby
Balanced
Demand for This Use

Market

Vacancy Rate% for Industrial in Denver, CO

5.8% 2019
6.2% 2020
5.9% 2021
6.6% 2022
7% 2023
7.7% 2024
8.1% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Two Men With Big Hearts Moving And Storage — 5203 Lincoln St, Denver, CO 80216

Frequently Asked Questions

What type of property is this?
Warehouse - 3,158 SF industrial/flex warehouse near downtown Denver.
Where is this warehouse located?
The property is located at 5454 Washington St Denver, CO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Rare I‑2 zoning allows for most heavy industrial uses.; 3,158 SF industrial/flex warehouse space in the Denver Metro market.; Convenient location approximately 10 minutes from downtown Denver **with unobstructed downtown views.**
(715) 512-0265 Call to check price and availability
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