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    12790 38Th Ave Denver, CO 80239

    For Sale
    $5,600,000

    40,000 SF industrial space, Denver, CO. Owner/user or investment opportunity.

    Property size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 40,000 square foot industrial property in Denver, Colorado, presents a compelling owner-user or investment opportunity. Situated on a 1.8-acre lot, this single-story building boasts a versatile design suitable for distribution, flex, or warehouse operations. The property features a 20-foot clear ceiling height, providing ample vertical space for storage and operations. Access is facilitated by six dock-high doors and one drive-in door (12' x 14'). The building is equipped with a robust electrical system, including 800 amps of 277/480 3-phase power, and a fully functioning fire sprinkler system. The column spacing is 40' x 25'. Recent improvements include fresh interior and exterior painting, and a new 20-year roof warranty is in place. The property is zoned I-B and is located at 12790 E 38th Ave, Denver, CO 80239. Rail access via Union Pacific is a possibility. The asking price is $5,600,000, translating to $140 per square foot. Currently vacant, this property offers immediate occupancy for a new owner. This is an ideal opportunity for businesses seeking a well-maintained, strategically located industrial space in the Denver market.

    Property Features for 12790 38Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    40,000 SF
    Lot Size
    78,408 SF

    Building Details

    Stories
    1

    HighLights

    • 40,000 SF industrial building on 1.8‑acre lot in Denver, CO.
    • Single‑story building ideal for distribution, flex, or warehouse use.
    • 20' clear ceiling height, six dock‑high doors, and one drive‑in door.
    • 800 amps of 277/480 3‑phase power and fire sprinkler system.
    • Recently painted interior/exterior, new 20‑year roof warranty, I‑B zoning.
    • $5,600,000 asking price ($140/SF), currently vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Web Commercial Printer

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop 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
    -104.8383852
    Latitude
    39.7685456

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    FAQs

    What type of property is this?
    Distribution property - 40,000 SF industrial space, Denver, CO. Owner/user or investment opportunity.
    Where is this distribution property located?
    The property is located at 12790 38Th Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $5,600,000.
    What are key features of this property?
    This property features: 40,000 SF industrial building on 1.8-acre lot in Denver, CO.; Single-story building ideal for distribution, flex, or warehouse use.; 20' clear ceiling height, six dock-high doors, and one drive-in door.
    Request Owner's contact information
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    Denver, CO 80239
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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
    12790 38Th Ave Denver, CO 80239
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