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Multi-Tenant Industrial Warehouse
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7285 E 96th Ave, Henderson, CO 80640

Four-building, 25-unit industrial property on a fenced, gated 9.23-acre parcel with significant outdoor storage and yard maneuvering.

Property Size57,200 SF
Lot Size9.23 Acres
Price / SF$172.20
Days on Market214

Property Features for 7285 E 96th Ave

General Information

Standard status Active
Size 57,200 SF
Lot size 9.23 Acres
Property subtype INDUSTRIAL
Zoning I-2

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Building Details

Tenancy Multi
Listing Agency: Goodman Commercial Real Estate, LLC
Listed By: Mark Goodman, SIOR
Source: Moodyscre
Added: Mar 24 Changed: Oct 13 Last Checked: Oct 20 at 11:37PM

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 Goodman Commercial Real Estate, LLC

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Investment Insights

Based on property information with market context.

A stabilized, multi-tenant industrial investment opportunity featuring four well-maintained buildings totaling 57,200 square feet and configured with 25 individual shop/warehouse units. The property is situated on a secure 9.23-acre fenced and gated parcel, with an expansive yard designed for outdoor storage and truck/trailer maneuvering. Professionally managed and consistently maintained, the facility is intended to support reliable day-to-day operations across multiple tenants.

The property is zoned I-2 (medium industrial) in unincorporated Adams County, accommodating intensive uses within the industrial zoning framework. Its location in the North Denver/Henderson industrial corridor provides connectivity to major transportation routes, with proximity to I-76 and I-25 and access to the broader Denver metro network.

With a diversified unit layout and substantial secure outdoor area, the asset offers an established configuration for industrial users while supporting continued flexibility under the I-2 zoning designation.

Key Highlights

  • Four‑building, 25‑unit industrial property totaling 57,200 SF on a fenced and gated 9.23‑acre parcel
  • Zoned I‑2 (medium industrial) in unincorporated Adams County, supporting intensive industrial activities
  • Expansive yard with outdoor storage plus truck/trailer maneuvering space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$827,516
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,550,320 $16.6M
Cap Rate 7%
$11,821,657 $11.8M
Cap Rate 9%
$9,194,622 $9.2M
Market Conditions
NOI Build-Up for 57,200 SF
Gross rent
$1.06M $18.48/SF
− Vacancy
−$83.5K −$1.46/SF
EGI
$973.5K $17.02/SF
− OpEx
−$146.0K −$2.55/SF
NOI
$827.5K $14.47/SF
Area
Adams County, CO
Vacancy
7.90%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,550,320
Cap Rate 7%
$11,821,657
Cap Rate 9%
$9,194,622

Alternative Uses

Best Use
Warehouse
$11.82M
$10.34M – $13.79M (±1% cap)
NOI $827,516 @ 7.0% cap · market cap 8.40%
Second Best
Industrial
$9.74M
$8.52M – $11.36M (±1% cap)
NOI $681,484 @ 7.0% cap · market cap 6.92%
Theoretical Best
Multifamily LT 5
$841.59M
$736.39M – $981.85M (±1% cap)
NOI $58,911,052 @ 7.0% cap · market cap 598.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Denver Truck and Trailer ... Auto Repair Shop West Oilco Oil Wholesaler Big Dog Diesel ... Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Garden Center Grocery & Convenience Store Hair Salon HVAC 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.

Lease Details

Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80640, CO

13,106
Population
4,889
Households
2.7
Avg Household Size
33
Median Age
26%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
1,008
Density / Sq Mi
$111,145
Median Household Income
$58,417
Median Earnings
$2,138
Median Rent
$464,400
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Four-building, 25-unit industrial property on a fenced, gated 9.23-acre parcel with significant outdoor storage and yard maneuvering.
Where is this flex space located?
The property is located at 7285 E 96th Ave Henderson, CO.
What is the asking price?
The asking price for this property is $9,850,000.
What are key features of this property?
This property features: Four‑building, 25‑unit industrial property totaling 57,200 SF on a fenced and gated 9.23‑acre parcel; Zoned I‑2 (medium industrial) in unincorporated Adams County, supporting intensive industrial activities; Expansive yard with outdoor storage plus truck/trailer maneuvering space
(720) 440-6271 Call to check price and availability
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