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    1830 Bannock St Denver, CO 80223

    Sponsored
    For Sale
    $4,500,000

    SoBo Industrial Building, 19,700 SF, High Demand

    Property size:
    19,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Denver warehouse, located at 1830 S Bannock St, offers 19,700 square feet of space, currently configured as 12,365 square feet of warehouse/manufacturing space (leased to IONTRA) and 7,335 square feet of office space on the second floor. The second floor can be delivered vacant or occupied by the current tenant. The property sits on a 24,394 square foot lot and features one loading dock and one dock-high door, with a ceiling height of 10-11 feet. Built in phases between 1954 and 1975, with renovations completed between 2018 and 2022, the two-story building boasts 36 total parking spaces, including 19 within a secure fenced lot. The property is zoned I-A, UO-2 and offers a lease with a remaining term of approximately 1.4 years, expiring March 31, 2026, with a 3% annual rent bump. The asking price is $4,500,000 ($228.43/sq ft). The property's prime location in Denver's South Broadway Corridor provides easy access to major transportation routes and is within walking distance of the Evans Light Rail Station. This presents a compelling opportunity for owner-users, investors, or those seeking redevelopment potential, with the possibility of rezoning for higher density. The lease includes one 3-year option. The property is a multi-tenant building with one current tenant.

    Property Features for 1830 Bannock St

    General Information

    Property type
    Distribution properties
    Square Feet
    19,700 SF

    Building Details

    Year Built/Renovated
    1954/2018
    Buildings
    1
    Stories
    2

    HighLights

    • $4,500,000 asking price for a 19,700 SF industrial warehouse in Denver, CO.
    • NNN lease, multi‑tenant (currently one tenant), expiring 03/31/2026 (1.4 years remaining).
    • $228.43/SF price per square foot.
    • 1954/1975 built, renovated 2018/2022; two‑story building on a 24,394 SF lot.
    • 1 loading dock, 1 dock‑high door, 10‑11' ceiling height, 3% annual rent bumps.
    • 7,750 SF secure fenced parking lot with 19 spaces, plus 17 additional spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    VanWest Real Estate ... Commercial Real Estate Agency VanWest Homebuyers Real Estate Consultant VanWest Partners Property Investment Company Bentley Remodeling Remodeler Focused Property Management ... Property Management Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.98993968919
    Latitude
    39.683293811425

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    FAQs

    What type of property is this?
    Distribution property - SoBo Industrial Building, 19,700 SF, High Demand
    Where is this distribution property located?
    The property is located at 1830 Bannock St Denver, CO.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: $4,500,000 asking price for a 19,700 SF industrial warehouse in Denver, CO.; NNN lease, multi-tenant (currently one tenant), expiring 03/31/2026 (1.4 years remaining).; $228.43/SF price per square foot.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1830 Bannock St Denver, CO 80223
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