Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1855 Union Ave Englewood, CO 80110
    Back to Search
    Property profile & analytics

    1855 Union Ave Englewood, CO 80110

    View on Map
    • Commercial real estate
    Off-Market
    Property ID
    US13-2272568
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Counter Top Guy / Kitchen & Bath Showroom / Hardware & Home Improvement
    • MPS / Security Service
    • Edge Autosport / Auto Parts Store
    • Starmaker Team / Music Venue
    • Kennedy Coachworks / Auto Repair Shop

    Property Details for 1855 Union Ave

    Property type
    Commercial real estate

    Description

    This established HVAC business in Englewood, CO, boasts $1.4M average annual gross sales over the past three years and a $250,000 average annual net profit. The sale includes four experienced technicians, four company trucks (valued at $90,500), all equipment, inventory ($10,000), and a database of over 2,600 customers, including a builder with over 2,200 additional addresses since 2016. The current lease is $2,000/month for approximately 3,000 square feet and can be assumed or subleased. The asking price is $1,000,000, which includes a $40,000 employee retention bonus to ensure a smooth transition. The business primarily services the Denver Front Range and foothills, focusing on basement remodels and custom homes. Owners offer transitional support and introductions to key business contacts. Occupancy is available September 30, 2024. This is a Class A, owner-user investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Araphahoe
    State
    Colorado
    Longitude
    -105.01221573868
    Latitude
    39.632834448763

    Comparable in this City

    • $199,900

      Prime Lot in South Denver

      Cleared lot in established neighborhood with ADU potential.
      3450 S Clay St, Englewood, CO 80110
      View Details
    • Contact for pricing

      Englewood Commercial Land For Sale

      Commercial land with high traffic, suitable for retail development.
      3421 S Federal Blvd, Englewood, CO 80110
      View Details
    • $1,800,000
      10,027 SF

      Englewood Multi-Tenant Industrial Asset

      10,027 SF multi-tenant industrial asset in Englewood Industrial Park.
      2492 S Tejon St, Englewood, CO 80110
      View Details
    • $1,675,000
      10,908 SF

      Retail Asset on Federal Boulevard

      Multi-tenant retail property with diversified income and redevelopment potential.
      3665 S Federal Blvd, Sheridan, CO 80110
      View Details
    • Contact for pricing
      3,325 SF

      Automotive Retail Property For Sale

      Functional automotive retail property with recent upgrades and improvements.
      3470 S Federal Blvd, Englewood, CO 80110
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      912 SF

      Sheridan Office Building For Sale

      Stand-alone office building on South Federal Blvd in Sheridan.
      3915 S Federal Blvd, Sheridan, CO 80110
      View Details
    • Contact for pricing
      35,624 SF

      Denver Warehouse/Industrial Building For Sale

      Heavily powered warehouse/industrial building in Southwest Denver with great potential.
      3535 S Irving St, Englewood, CO 80110
      View Details
    • Contact for pricing
      5,154 SF

      Adaptable Warehouse For Sale

      Versatile warehouse space suitable for various business uses.
      3620 S Huron St, Englewood, CO 80110
      View Details
    • $1,695,000
      4,752 SF

      Englewood 6-Unit Apartment Building

      Cash flow positive, renovated 6-unit apartment building in Englewood, CO.
      3525 S Bannock St, Englewood, CO 80110
      View Details
    • $3,650,000
      23,936 SF

      Englewood Warehouse Space Available

      23,936 sqft warehouse in Englewood, Colorado for sale.
      3898 S Jason St, Englewood, CO 80110
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      2,000 SF

      Englewood Warehouse with Office Space

      2,000 SF warehouse space with office and parking.
      3960-3966 S Mariposa St, Englewood, CO 80110
      View Details
    • Contact for pricing
      10,284 SF

      Englewood City Center Retail Space

      Retail and office/medical space available in Englewood City Center.
      850 Englewood Pkwy, Englewood, CO 80110
      View Details
    • Contact for pricing
      5,600 SF

      Englewood Warehouse/Automotive Space For Lease

      Warehouse/Automotive space with easy access and minimal office space.
      3970 S Decatur St, Englewood, CO 80110
      View Details
    • Contact for pricing
      2,387 SF

      Englewood Warehouse Space Available

      48,000 SF office/warehouse space in Hampden Heights Business Park.
      3101-3135 W Hampden Ave, Englewood, CO 80110
      View Details
    • $24 SF/Yr

      200 W Hampden Ave, Unit 200

      Office and Retail Space For Lease in Englewood Corridor
      200 W Hampden Ave, Englewood, CO 80110
      View Details
    • Contact for pricing

      Englewood Automotive Space For Lease

      2,800 SF automotive space with oversize drive-in doors.
      3970 S Decatur St, Englewood, CO 80110
      View Details
    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.
    1855 Union Ave
    Englewood, CO 80110
    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
    1855 Union Ave, Englewood, CO, 80110
    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!