Property profile

12790 E 38Th Ave Denver, CO 80239

FOR LEASE
Warehouses
Property ID
US13-0549640
1.7 ac lot Built 1974
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction STEEL FRAME
Lot 1.7 ac (74,076 SF)
Zoning code IB
APN 01252-01-010-000
UPID US13-0549640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Printing Service

Location

12790 E 38Th Ave Denver, CO 80239
Denver metro Census 4110 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

Zoning & alternative use

IB · Denver, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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