Industrial Warehouse with
For Sale
Contact for pricing
790 East 51st Avenue, Denver, CO 80216
Warehouse property with a substantial outdoor yard component and I-A zoning.
Property Size12,541 SF
Price / SF$215.21
Days on Market137
Property Features for 790 East 51st Avenue
General Information
Standard status
Active
Size
12,541 SF
Class
C
Property subtype
Industrial, Land
Zoning
I-A
Additional Details
Outdoor Storage
Yes
Warehouse Space
12,541 SF
Building Details
Year Built
1956
Building Size
12,541 SF
Listing Agency:
CBRE - Denver Downtown
Listed By:
Tyler Carner · License #CO FA.040041916
(303) 264-1903
Source:
Crexi
Added: Jun 5
Changed: Oct 2
Last Checked: Oct 16 at 8:32AM
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 CBRE - Denver Downtown
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse property contains 12,541 square feet of industrial space and includes an outdoor yard spanning 0.8 acres. The building was constructed in 1956 and is identified under I-A zoning.
The property is located at 790 East 51st Avenue in Denver, Colorado 80216, providing a defined address for industrial operations or warehouse-related use.
The property is located at 790 East 51st Avenue in Denver, Colorado 80216, providing a defined address for industrial operations or warehouse-related use.
Key Highlights
- 12,541 SF industrial warehouse
- 0.8‑acre outdoor yard
- I‑A zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,594
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,591,880
$2.6M
Cap Rate 7%
$1,851,343
$1.9M
Cap Rate 9%
$1,439,933
$1.4M
Market Conditions
NOI Build-Up for 12,541 SF
Gross rent
$165.5K $13.20/SF
− Vacancy
−$13.1K −$1.04/SF
EGI
$152.5K $12.16/SF
− OpEx
−$22.9K −$1.82/SF
NOI
$129.6K $10.33/SF
Area
Denver, CO
Vacancy
7.90%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,591,880
Cap Rate 7%
$1,851,343
Cap Rate 9%
$1,439,933
Alternative Uses
Best Use
Warehouse
$1.85M
$1.62M – $2.16M
NOI $129,594 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.99M
$3.49M – $4.66M
NOI $279,458 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Denver, CO
Similar Off Market Nearby
- StorQuest Self Storage — 4501 Washington St, Denver, CO 80216
- Two Men With Big Hearts Moving And Storage — 5203 Lincoln St, Denver, CO 80216
- Crossroads Commerce Park — E 55th Ave, Denver, CO 80216
- C's Self Storage — E 54th Ave, Denver, CO 80216
- Anderson Industrial Park — E 54th Ave, Denver, CO 80216
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property with a substantial outdoor yard component and I-A zoning.
Where is this warehouse located?
The property is located at 790 East 51st Avenue Denver, CO.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: 12,541 SF industrial warehouse; 0.8‑acre outdoor yard; I‑A zoning
