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    Denver Flex Space For Sale Title is generated by Realmo AI

    3188 W Alameda Ave, Denver, CO 80219

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    Free-standing building in central Denver with showroom and manufacturing potential.

    Type:Industrial
    Property size:
    3,780 SF
    Price / SF:
    $198/SF
    Added:
    Sep 12, 2023
    Days on Market:
    1030
    Last Refresh:
    Jul 4 at 11:22 pm

    Property Features for 3188 W Alameda Ave

    General Information

    Standard status
    Active
    Size
    3,780 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1955

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    Matt Kulbe
    Matt Kulbe

    Listing office NavPoint Real Estate Group

    Listing date Sep 12, 2023

    Source Crexi

    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 NavPoint Real Estate Group

    HighLights

    • Excellent Central Denver Location on Alameda Ave. at S Federal Blvd.
    • E‑MX‑3 Zoning Allowing for Large Variety of Users
    • 50’ of Frontage to Highly‑Traveled Alameda Ave.
    • Great Showroom Space/Light Manufacturing Space
    • 14’ Clear Height
    • One Drive‑In Door

    Overview

    This free-standing building is located in central Denver and features 50 feet of frontage on Alameda Avenue at South Federal Boulevard. The property offers potential as showroom space or light manufacturing space. It is zoned E-MX-3, which allows for a variety of uses. The building includes 14-foot clear height and one drive-in door. The property has a size of 3,780 square feet.

    Local Financial Insights For Retail

    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 $81.6k $21.60
    − Vacancy −$3.1k −$0.81
    EGI $78.6k $20.79
    − OpEx −$23.6k −$6.24
    NOI $55.0k $14.55
    3,780 SF · lease $21.60/SF/yr · vacancy 3.75% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $785.9K
    $687.6K – $916.8K (±1% cap)
    NOI $55,010 @ 7.0% cap · market cap 7.33%
    Second Best
    Industrial
    $459.5K
    $402.1K – $536.1K (±1% cap)
    NOI $32,168 @ 7.0% cap · market cap 4.29%
    Theoretical Best
    Office A
    $1.08M
    $943.5K – $1.26M (±1% cap)
    NOI $75,479 @ 7.0% cap · market cap 10.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Real Estate Agency Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Nursing Home (Bike/Boat/Book/etc) Store Nursing Home Acupuncture

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Three Tomatoes Catering — 255 Yuma St, Denver, CO 80223

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.0284312
    Latitude
    39.7109112

    FAQs

    What type of property is this?
    Flex space - Free-standing building in central Denver with showroom and manufacturing potential.
    Where is this flex space located?
    The property is located at 3188 W Alameda Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Excellent Central Denver Location on Alameda Ave. at S Federal Blvd.; E‑MX‑3 Zoning Allowing for Large Variety of Users; 50’ of Frontage to Highly‑Traveled Alameda Ave.
    (720) 635-4591 Call to check price and availability
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