Storefront Property with
New
For Sale
$1,200,000
670 S Federal Boulevard, Denver, CO 80219
Storefront property with E-MX-3 zoning, accessible parking, and frontage along Federal Boulevard.
Property Size2,553 SF
Days on Market7
Property Features for 670 S Federal Boulevard
General Information
Standard status
Active
Size
2,553 SF
Total Parking Spaces
2
Property subtype
Commercial
Zoning
E-MX-3
Taxes and HOA fees
Annual Taxes
$11,631
Building Details
Building Size
2,553 SF
Year Built
1990
Units
2
Listing Agency:
Brokers Guild Real Estate
(720) 327-2500
Listed By:
Phuong Smith · License #40044706
(720) 327-2500
Source:
Coloradopartners
Added: Aug 17
Changed: Aug 18
Last Checked: Aug 23 at 12:34PM
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 Brokers Guild Real Estate
Investment Insights
Based on property information with market context.
Built in 1990, this storefront property is positioned along S Federal Boulevard in Denver and carries E-MX-3 zoning. The site includes parking with convenient access from the property, supporting customer and visitor circulation.
The property is located at 670 S Federal Boulevard, Denver, CO 80219. Its storefront format and mixed-use zoning designation provide a commercial setting for evaluating a range of occupancy concepts, subject to applicable zoning requirements and approvals.
The property is located at 670 S Federal Boulevard, Denver, CO 80219. Its storefront format and mixed-use zoning designation provide a commercial setting for evaluating a range of occupancy concepts, subject to applicable zoning requirements and approvals.
Key Highlights
- E‑MX‑3 zoning designation
- Frontage along S Federal Boulevard
- On‑site parking with accessible property access
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
$37,154
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
3.10%
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%
$743,080
$743.1K
Cap Rate 7%
$530,771
$530.8K
Cap Rate 9%
$412,822
$412.8K
Market Conditions
NOI Build-Up for 2,553 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
$55.1K $21.60/SF
− Vacancy
−$2.1K −$0.81/SF
EGI
$53.1K $20.79/SF
− OpEx
−$15.9K −$6.24/SF
NOI
$37.2K $14.55/SF
Area
ZIP 80219
Vacancy
3.75%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
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%
$743,080
Cap Rate 7%
$530,771
Cap Rate 9%
$412,822
Alternative Uses
Best Use
Retail
$530.8K
$464.4K – $619.2K
NOI $37,154 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$728.3K
$637.2K – $849.6K
NOI $50,978 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
124k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 39%
Electronics 1%
McDonald's
Dining
33,042 visits/mo
0.4 miles
Starbucks
Dining
14,888 visits/mo
0.4 miles
Corner Store
Shops & Services
12,029 visits/mo
0.3 miles
Taco Bell
Dining
10,882 visits/mo
0.4 miles
7-Eleven
Shops & Services
10,310 visits/mo
0.2 miles
Demographics for 80219, CO
61,585
Population
21,729
Households
2.8
Avg Household Size
33
Median Age
22%
College-Educated
72%
High-School Grad
7.4 sq mi
ZIP Area
8,322
Density / Sq Mi
$67,325
Median Household Income
$41,153
Median Earnings
$1,464
Median Rent
$426,200
Median Home Value
Market
Vacancy Rate% for Retail in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- SameDay-FlowerDelivery — 1212 s federal blvd, denver, co 80219
- Kasa Florist & Same Day Flower Delivery — 1017 S Federal Blvd, Denver, CO 80219
- Florería Flor de Luna 2 — 1091 S Federal Blvd, Denver, CO 80219
- Lehrer's Flowers — 2100 W Mississippi Ave #200, Denver, CO 80223
- Associated Wholesale Florist — 2100 W Mississippi Ave #100, Denver, CO 80223
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property with E-MX-3 zoning, accessible parking, and frontage along Federal Boulevard.
Where is this storefront property located?
The property is located at 670 S Federal Boulevard Denver, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: E‑MX‑3 zoning designation; Frontage along S Federal Boulevard; On‑site parking with accessible property access
