Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2550 2Nd Ave Denver, CO 80219

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2550 2Nd Ave Denver, CO 80219

    View on Map
    • Warehouses
    • 34,889 SF
    For Lease
    $12 SF/Yr
    View Listing →
    Denver Warehouse Condo For Lease For Lease
    $12 SF/Yr

    Denver Warehouse Condo For Lease

    Central Denver industrial space available

    2550 2Nd Ave, Denver, CO 80219
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Contact Sales / Building Supply / Hardware & Home Improvement
    • Grassroots California / Hat Shop / Clothing Store

    Property Details for 2550 2Nd Ave

    Year built
    1968
    Property size
    34,889 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This 7,167 square foot warehouse condo, located at 2550 W 2nd Ave #106 in Denver, CO 80219, is part of a larger 34,889 square foot building. Built in 1968 and renovated in 2018, the single-story unit boasts a 14-foot ceiling height and features two dock-high doors, easily adaptable for ramped access. The property benefits from 800 Amp 3-phase power, ideal for various industrial uses. Its I-A zoning allows for a wide range of permitted activities. The unit's previous tenant was a geology lab, leaving minimal buildout that can be easily removed or repurposed. The building itself is a Twin-T, freespan construction, offering flexibility for future renovations and efficient use of space. This prime location offers easy access to I-25 and 6th Ave, placing your business in the heart of central Denver. The vacant space presents a unique opportunity for businesses seeking a well-maintained, centrally located warehouse in a thriving Denver market. The property's features and zoning make it suitable for a variety of industrial and potentially light office uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -105.018
    Latitude
    39.7194

    Comparable in this City

    • Value Estimation by Request
      7,167 SF

      2550 2Nd Ave

      Distribution properties • 7,167 SF
      2550 2Nd Ave, Denver, CO 80219
      View Details
    • Value Estimation by Request
      800 SF

      750 Federal Blvd

      WAREHOUSE, STORAGE • 800 SF
      750 Federal Blvd, Denver, CO 80219-3462
      View Details
    • Value Estimation by Request
      3,345 SF

      90 Knox Ct

      WAREHOUSE, STORAGE • 3,345 SF
      90 Knox Ct, Denver, CO 80219-1405
      View Details
    • Value Estimation
      $1,180,000
      10,000 SF

      401 Meade St

      WAREHOUSE, STORAGE • 10,000 SF
      401 Meade St, Denver, CO 80219-2613
      View Details
    • Value Estimation by Request
      4,963 SF

      320 Hazel Ct

      WAREHOUSE, STORAGE • 4,963 SF
      320 Hazel Ct, Denver, CO 80219-2830
      View Details
    • Value Estimation
      $1,095,000
      10,000 SF

      2695 3rd Ave

      WAREHOUSE, STORAGE • 10,000 SF
      2695 3rd Ave, Denver, CO 80219-1633
      View Details

    Similar Nearby for Sale

    • $599,000
      2,030 SF

      Industrial Property with Storage Space

      Industrial property featuring a building and fenced storage space.
      4589 Morrison Rd, Denver, CO 80219
      View Details
    • $559,000
      2,873 SF

      Versatile Commercial Building with Dock

      Office/warehouse with storage, dock access, and business use potential.
      1050 S Quitman St, Denver, CO 80219
      View Details
    • Contact for pricing
      3,780 SF

      Denver Flex Space For Sale

      Free-standing building in central Denver with showroom and manufacturing potential.
      3188 W Alameda Ave, Denver, CO 80219
      View Details
    • $895,000
      9,153 SF

      Denver Flex Space For Sale

      Flex space with downtown views and high power capacity.
      688 Bryant St, Denver, CO 80219
      View Details
    • $135,000

      Buildable Lot Near Downtown Denver

      Buildable lot with utilities in place near downtown Denver.
      364 S Newton St, Denver, CO 80219
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      34,889 SF

      Denver Warehouse Condo For Lease

      Central Denver industrial space available
      2550 2Nd Ave, Denver, CO 80219
      View Details
    • Contact for pricing
      6,000 SF

      Functional Warehouse with Office Space

      Versatile warehouse unit with office build-out in Denver.
      2500 W 4Th Ave, Denver, CO 80219
      View Details
    • Contact for pricing
      36,759 SF

      Central Denver Industrial Facility

      Industrial facility with highway access in Enterprise Zone.
      445 Bryant St, Denver, CO 80219
      View Details
    • Contact for pricing
      12,911 SF

      Retail Space on Federal Blvd

      Retail space with high visibility and foot traffic.
      1320-1340 S Federal Blvd, Denver, CO 80219
      View Details
    • Contact for pricing
      4,362 SF

      Turn-Key Restaurant & Bar Opportunity

      Modern restaurant and bar with full kitchen and outdoor patio.
      1565 Raleigh St, Denver, CO 80219
      View Details
    • Contact for pricing
      9,273 SF

      Denver Flex Space Available For Lease

      9,273 SF flex space available for lease in Denver.
      2590 2Nd Ave, Denver, CO 80219
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2550 2Nd Ave
    Denver, CO 80219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    2550 2Nd Ave, Denver, CO, 80219

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!