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Property profile & analytics
OFF-MARKET
Manufacturing properties

1187 68th Ave Denver, CO 80229-7104

7,258 SF 1.56 ac lot Built 1984
Entity Owned 14-yr Hold Free & Clear
Property ID
US13-1057513
Property summary
AI-generated overview

This exceptional industrial property, located at 1187 E 68th Ave in Denver, Colorado, presents a rare investment opportunity. Spanning 29,486 square feet, this Class B building sits on a 1.56-acre lot and boasts two buildings with two stories each. Constructed in 1984 and renovated in 2000, the property features 16-foot ceilings and ample parking for 106 vehicles. The zoning is I-B, allowing for diverse industrial applications. The asking price is $4,995,999, translating to $169.44 per square foot. This versatile facility offers a blend of industrial and office space, including 6,540 square feet of Class A office space and an outdoor storage area. Its strategic location in North Denver provides easy access to major highways, including Interstates 25 and 76 (within half a mile), Highway (within 1.5 miles), and direct access to Interstate 70. This proximity to key industrial and commercial hubs ensures excellent connectivity and logistical advantages. The building's durable construction is designed for heavy industrial use and is equipped with essential utilities to support diverse operations. The property's modern office spaces, high ceilings, and efficient workflow designs contribute to its overall appeal. This property is perfectly suited for manufacturing, distribution, or even a corporate headquarters, offering significant potential for value appreciation and income generation. Heavy power is also available.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1984
Total area 7,258 SF
Lot 1.56 ac (67,954 SF)
APN R0118416
UPID US13-1057513
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Arrowhead Vinyl Specialties Department Store
  • Unified Packaging Inc Industrial Manufacturer Production Facility
  • Rice Rigid Box Company Big Box & Wholesale Store
  • Pillow Pockets Hiking Area
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bank Midwest NA · 14 yrs held
Bank Midwest NA
since 2011
7 recorded transactions
2018
Price N/A
2011
Price N/A
2011
$825,000
2010
Price N/A
2010
$1.2M
2006
Price N/A
2005
$1.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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