Adjacent Freestanding Retail
New
For Sale
$1,035,000
8 & 12 N Federal Blvd, Denver, CO 80219
Two separate buildings combine street-facing retail space with rear vehicle access and on-site surface parking.
Property Size4,025 SF
Lot Size0.24 Acres
Price / SF$257.14
Days on Market2
Property Features for 8 & 12 N Federal Blvd
General Information
Standard status
Active
Size
4,025 SF
Lot size
0.24 Acres
Property subtype
Retail
Zoning
E-MX-3
Site & Location
Neighborhood
Valverde
Traffic Count
40,000 vehicles/day
Additional Details
Asking Price
$1,035,000
Building Details
Building Size
4,025 SF
Buildings
2
Listing Agency:
Shames Makovsky
Listed By:
Joey Gargotto · License #FA100056043
(303) 842-5767
Source:
Pinnaclerea
Added: Oct 28
Last Checked: Oct 28 at 2:59PM
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 Shames Makovsky
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Investment Insights
Based on property information with market context.
This Denver retail portfolio includes two freestanding buildings totaling 4,025 square feet on a combined 10,380-square-foot site, or 0.24 acres. The 2,550-square-foot masonry building at 8 N. Federal Boulevard has a rear drive-in door. The 1,475-square-foot building at 12 N. Federal Boulevard includes 14 surface parking spaces. Both properties carry E-MX-3 zoning, which allows retail, office, service, and mixed-use activity.
The buildings sit alongside one another on Federal Boulevard, with direct frontage on the corridor. Reported traffic exceeds 40,000 vehicles per day. Within three miles, the area includes more than 222,900 residents and 197,000 daytime employees. The properties are also within a Denver Enterprise Zone.
The buildings sit alongside one another on Federal Boulevard, with direct frontage on the corridor. Reported traffic exceeds 40,000 vehicles per day. Within three miles, the area includes more than 222,900 residents and 197,000 daytime employees. The properties are also within a Denver Enterprise Zone.
Key Highlights
- Two adjacent freestanding retail buildings totaling 4,025 SF
- Combined site area of 10,380 SF (0.24 AC)
- 8 N Federal: 2,550 SF masonry building with rear drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,576
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,520
$1.2M
Cap Rate 7%
$836,800
$836.8K
Cap Rate 9%
$650,844
$650.8K
Market Conditions
NOI Build-Up for 4,025 SF
Gross rent
$86.9K $21.60/SF
− Vacancy
−$3.3K −$0.81/SF
EGI
$83.7K $20.79/SF
− OpEx
−$25.1K −$6.24/SF
NOI
$58.6K $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 Rate 5%
$1,171,520
Cap Rate 7%
$836,800
Cap Rate 9%
$650,844
Alternative Uses
Best Use
Retail
$836.8K
$732.2K – $976.3K
NOI $58,576 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,371 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
40,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,190
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 35%
Apparel 8%
Electronics 1%
McDonald's
Dining
33,042 visits/mo
0.4 miles
Starbucks
Dining
14,888 visits/mo
0.4 miles
Conoco
Shops & Services
13,944 visits/mo
0.4 miles
Taco Bell
Dining
10,882 visits/mo
0.5 miles
7-Eleven
Shops & Services
10,339 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Denver, CO
Frequently Asked Questions
What type of property is this?
Retail space - Two separate buildings combine street-facing retail space with rear vehicle access and on-site surface parking.
Where is this retail space located?
The property is located at 8 & 12 N Federal Blvd Denver, CO.
What is the asking price?
The asking price for this property is $1,035,000.
What are key features of this property?
This property features: Two adjacent freestanding retail buildings totaling 4,025 SF; Combined site area of 10,380 SF (0.24 AC); 8 N Federal: 2,550 SF masonry building with rear drive‑in door
