Denver Mixed-Use Property For
2950 Arkins Cour Denver, CO 80216
For Sale
Contact for pricing
Mixed-use property in Denver's River North neighborhood.
Property Size21,006 SF
Price / SF$200
Days on Market612
Property Features for 2950 Arkins Cour
General Information
- Standard status
- Active
- Size
- 21,006 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 2024
Listing Agency:
Shames Makovsky
(303) 565-3039
Listed By:
Cory Dulberg · License #CO FA40046787
Source:
Crexi
Added: Nov 19, 2024
Changed: Jul 6
Last Checked: Jul 22 at 2:35PM
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
Investment Insights
Based on property information with market context.
Located in Denver’s River North neighborhood along the South Platte waterfront, this mixed-use property offers one, two, and three bedroom apartment homes. The property contains 21,006 square feet. The Deveraux is positioned within an entrepreneurial and creative landscape.
Key Highlights
- Located in Denver's dynamic River North (RiNo) neighborhood.
- New construction: Built in 2024.
- Situated on the revitalized South Platte waterfront.
Financial Insights For Apartment 5plus
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 | $617.6k | $29.40 |
| − Vacancy | −$37.7k | −$1.79 |
| EGI | $579.9k | $27.61 |
| − OpEx | −$261.0k | −$12.42 |
| NOI | $318.9k | $15.18 |
21,006 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.56M
$3.99M – $5.32M
NOI $318,947 @ 7.0% cap · market cap 7.59%
Second Best
Office B
$4.40M
$3.85M – $5.13M
NOI $307,780 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$6.69M
$5.85M – $7.80M
NOI $468,088 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mixed-use properties
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Denver's River North neighborhood.
Where is this mixed-use property located?
The property is located at 2950 Arkins Cour Denver, CO.
What is the asking price?
The asking price for this property is $4,201,200.
What are key features of this property?
This property features: Located in Denver's dynamic River North (RiNo) neighborhood.; New construction: Built in 2024.; Situated on the revitalized South Platte waterfront.
