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4600 Monaco St Denver, CO 80216-3335

OFF-MARKET Warehouses Google Maps
15,492 SF 2 ac lot Built 1974
Entity Owned 15-yr Hold Free & Clear
Estimated value (blended)
$370k
Range $333k – $407k (±10%)
Property ID US13-0651002

Property summary

AI-generated overview

This exceptional 16,858-square-foot industrial property, located at 4600 Monaco Street in Denver, Colorado, presents a significant opportunity. Situated on a 2.07-acre lot, this building boasts a versatile design suitable for distribution, warehouse, or manufacturing uses, reflecting its I-B Denver zoning. Constructed in 1974, the property features a 15-foot ceiling height and ample space for operations. The building includes approximately 1,500 square feet of office space, providing administrative areas. Loading is facilitated by four drive-in bays, with dimensions of two 12' x 14', one 18' x 14', and one 20' x 14'. The warehouse benefits from a 1M BTU boiler heating system and fire sprinklers for safety. Power is supplied by a 400-amp, 240v, 3-phase system (verification recommended). The property also features a large fenced and paved yard, offering significant outdoor storage or maneuvering space. Column spacing is 25' x 30'. This property is for sale and offers a compelling combination of size, location, and features for a variety of industrial uses. The property's address is 4600 Monaco St, Denver, CO 80216. A video tour is available online.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction STEEL FRAME
Total area 15,492 SF
Lot 2 ac (87,100 SF)
Zoning code I-B
APN 01201-00-044-000
UPID US13-0651002

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Freight Service Logistics Company
  • Apartment Building
  • Apartment Building

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.47M
Comparable Approach Comparable
$2.84M
Blend (final) Blend
$370k

Owner & transaction history

since 2011
Last sale
$3.3M
1 recorded transaction
2011
Price N/A

Zoning & alternative use

I-B · Denver, CO
Zoning description

I-B General Industrial District 9.1.2.1 Purpose The following paragraphs explain the general purpose and intent of the Industrial Context zone districts. A. I-MX Industrial Mixed Use Districts (I-MX-3,-5, -8, -12) 1. Gen…

General category INDUSTRIAL
Top alternative use upside
Medical building $4.7M +82.7%
Office building $4.0M +54.0%
Apartment house (5+ units) $3.8M +45.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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