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Commercial Property with High Visibility Sign

2800 W Hampden Ave Englewood, CO 80110

2800 W Hampden Ave, Englewood, CO, 80110
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Mixed-use commercial property with BUS-1 zoning and high visibility.

Property Size4,010 SF
Price / SF$322.94
AddedSep 23, 2024
Days on Market661
Last RefreshJul 15 at 3:07 pm

Property Features for 2800 W Hampden Ave

General Information

Standard status
Active
Size
4,010 SF
Property subtype
Industrial, Mixed Use, Office, Retail

Building Details

Year Built
1956

Listing office Unique Properties, Inc

Listing date Sep 23, 2024

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 Unique Properties, Inc


Investment Insights

Based on property information with market context.

This commercial property, located at 2800 W. Hampden Avenue in Sheridan, Colorado, offers a purchase opportunity for qualified buyers. The property overlooks US 285 and is zoned BUS-1, allowing for a multitude of permitted uses. Most recently, the property was used as a marijuana dispensary. A lighted 50 ft sign provides great visibility. The property size is 4,010 square feet and can be used as mixed-use, retail, office, flex, or industrial space.

Key Highlights

  • Zoned BUS‑1, allowing for a multitude of permitted uses.
  • High visibility location overlooking US 285.
  • Includes a lighted 50 ft sign for excellent advertising.

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 $108.3k $27.00
− Vacancy −$4.8k −$1.19
EGI $103.5k $25.81
− OpEx −$31.1k −$7.74
NOI $72.5k $18.07
4,010 SF · lease $27.00/SF/yr · vacancy 4.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.04M
$905.7K – $1.21M (±1% cap)
NOI $72,454 @ 7.0% cap · market cap 5.59%
Second Best
Mixed Use
$682.8K
$597.4K – $796.6K (±1% cap)
NOI $47,794 @ 7.0% cap · market cap 3.69%
Theoretical Best
Multifamily LT 5
$59.54M
$52.09M – $69.46M (±1% cap)
NOI $4,167,498 @ 7.0% cap · market cap 321.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dispensary (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic Pharmacy Accounting Firm Parking Lot & Garage

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

FAQs

What type of property is this?
Mixed-use property - Mixed-use commercial property with BUS-1 zoning and high visibility.
Where is this mixed-use property located?
The property is located at 2800 W Hampden Ave Englewood, CO.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Zoned BUS‑1, allowing for a multitude of permitted uses.; High visibility location overlooking US 285.; Includes a lighted 50 ft sign for excellent advertising.
Contact an agent
(303) 321-5888 Call to check price and availability
More about this property
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