Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1989 Iliff Ave Englewood, CO 80110-1025
    Back to Search
    Property profile & analytics

    1989 Iliff Ave Englewood, CO 80110-1025

    View on Map
    • Warehouses
    • 1,670 SF
    • 0.14 lot acres
    Off-Market
    Last Sale May 24, 2023
    $43,750
    Property ID
    US13-0890574
    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

    • Baez Car Repair / Auto Repair Shop
    • ALTITUDE Gutter Services / Hardware & Home Improvement / General Contractor

    Property Details for 1989 Iliff Ave

    Year built
    1968
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    1,670 SF
    Property type
    Warehouses
    APN
    1971-28-2-06-026
    APU
    197128206026

    Description

    This exceptional owner-user opportunity presents a 1,600-square-foot warehouse located at 1989 W Iliff Ave, Englewood, CO 80110. The property, built in 1968, sits on a 0.14-acre lot and is classified as a Class C industrial building. The total square footage is 1,670 square feet, with 1,600 square feet of net rentable space, priced at $358.98 per square foot. The single-story structure features a heated and cooled shop area currently operating as an automotive light industrial repair garage. Adding to its versatility, the property includes a fully fenced yard and a 2-bedroom, 1-bathroom house, presenting a potential live/work scenario. This investment or owner-user property offers existing rental income, making it an attractive proposition for various business needs. The property is situated in Arapahoe County, Colorado, providing convenient access to major transportation routes and amenities. This is a rare chance to acquire a well-maintained, functional warehouse with significant potential. The asking price is $599,500.

    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
    Arapahoe
    State
    Colorado
    Longitude
    -105.01
    Latitude
    39.6752
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $3,989
    $0.00
    $0.00
    $61,380
    -
    $104,550
    $145,450
    $250,000

    Comparable in this City

    • Value Estimation
      $1,185,000
      5,600 SF

      3367 Eliot St

      STORAGE YARD, OPEN STORAGE • 5,600 SF
      3367 Eliot St, Englewood, CO 80110-1941
      View Details
    • Value Estimation
      $1,030,000
      3,800 SF

      2651 Hampden Ave

      WAREHOUSE, STORAGE • 3,800 SF
      2651 Hampden Ave, Englewood, CO 80110-1948
      View Details
    • Value Estimation
      $10,615,000
      66,936 SF

      4535 Santa Fe Dr

      WAREHOUSE, STORAGE • 66,936 SF
      4535 Santa Fe Dr, Englewood, CO 80110-5594
      View Details
    • Value Estimation
      $6,660,000
      22,320 SF

      3701 Santa Fe Dr

      WAREHOUSE, STORAGE • 22,320 SF
      3701 Santa Fe Dr, Englewood, CO 80110-3344
      View Details
    • Value Estimation
      $1,705,000
      9,024 SF

      2874 Shoshone St

      WAREHOUSE, STORAGE • 9,024 SF
      2874 Shoshone St, Englewood, CO 80110-1204
      View Details
    • Value Estimation
      $1,080,000
      7,000 SF

      1910 Stanford Ave

      MINI-WAREHOUSE, STORAGE • 7,000 SF
      1910 Stanford Ave, Englewood, CO 80110-5422
      View Details

    Similar Nearby for Sale

    • 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
    • $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
    • $1,249,000

      Englewood Office/Warehouse with Class A Finishes

      4,881 SF office/warehouse with excellent functionality and location.
      3778 S Kalamath St, Englewood, CO 80110
      View Details
    • $2,650,000

      Remodeled Industrial/Flex Building For Sale

      13,150 SF remodeled industrial/flex building on 16,380 SF lot.
      4675 S Windermere St, Englewood, CO 80110
      View Details
    • $1,249,000
      4,881 SF

      Englewood Office/Warehouse with Class A Finishes

      4,881 SF office/warehouse with excellent access to Denver metro.
      3778 S Kalamath 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
      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
    • Contact for pricing

      Englewood Industrial Building For Rent

      Industrial building with office warehouse units and drive-in loading.
      1501 W Tufts Ave, Englewood, CO 80110
      View Details
    • Contact for pricing

      Office/Warehouse Complex for Lease

      Multi-tenant office and warehouse complex available for rent.
      2875 West Oxford Ave, Sheridan, CO 80110
      View Details
    • $13 SF/Yr
      2,204 SF

      Englewood Warehouse Unit For Rent

      Small warehouse unit with updated improvements and dock access.
      2655-2685 S Tejon 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.
    1989 Iliff Ave
    Englewood, CO 80110-1025
    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
    1989 Iliff 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!