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Property profile & analytics
FOR SALE
Warehouses
5155 46Th Ave, Denver, CO 80216
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-2777693
For Sale
1 / 2
$5,246,505
5155 46Th Ave, Denver, CO 80216
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Property summary
AI-generated overview
This exceptional Denver industrial property presents a compelling sale-leaseback opportunity, offering substantial cash flow potential with a long-term tenant, DenCo, under lease until April 1, 2034 (9.4 years remaining). The 38,863-square-foot Class B building, situated on a 1.9-acre lot at 5155 E 46th Ave, Denver, CO 80216, boasts a 20-foot ceiling height and ample parking (40 spaces). Built in 1974, the single-story structure features a flat roof and is zoned IB-UO-2, allowing for diverse industrial uses. The property includes a fenced one-acre yard. Its strategic location offers convenient access to major highways and is approximately 25 minutes from Denver International Airport. The asking price is $9,000,000, translating to $231.58 per square foot. This sale-leaseback presents a rare opportunity for investors seeking a strong, stable return with an 8%+ cap rate. Sale-leaseback terms are negotiable. The property features master gas, electric, water, and sewer connections.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Construction
STEEL FRAME
Total area
38,819 SF
Lot
1.9 ac (82,810 SF)
Zoning code
I-B
APN
01191-00-078-000
UPID
US13-2777693
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
-
DenCo Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.55M
Owner & transaction history
Ns INC · 9 yrs held
Ns INC
since 2017
7 recorded transactions
Zoning & alternative use
I-B · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$91 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$119,890
Tax year 2023
Assessed value
$1,547,250
Assessed 2023
Previous assessed
$1,306,420
+18.4% YoY
Effective rate
7.75%
On assessed value
Assessed land
$338,200
Assessed improvement
$1,209,050
Land market value
$1,242,200
Improvement market value
$4,333,500
Total market value
$5,575,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1974
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Units
4
Total area
38,819 SF
Lot
1.9 ac (82,810 SF)
Zoning code
I-B
APN
01191-00-078-000
UPID
US13-2777693
Jurisdiction
DENVER
Zoning & alternative use
I-B · Denver, CO
Zoning I-B · permitted uses
I-B · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
4
Lot
1.9 ac
Current owner
From public records · entity-resolved
Ns INC
Entity
Mailing address
5155 E 46TH AVE, DENVER, CO 80216-3201
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2017
—
Ns INC
Banbury Ents Trust
Grant Deed
related
—
Jan 14, 2015
—
Ns INC
Banbury Ents Trust
Grant Deed
—
Nov 15, 2007
—
Banbury Enterprises Irrevocable Tru
Brooke Banbury
Correction Deed
related
$1,194,666 · Colorado Business Bank
Dec 14, 2006
$1,628,000
Banbury Enterprises Trust
Banbury,brooke
Warranty Deed
—
Dec 8, 1999
$1,900,000
Brooke Banbury
Centers LLC
Grant Deed
—
Mar 22, 1999
$1,352,500
Tire Centers INC
Swalm Family Partnership Rlllp
Grant Deed
—
—
—
Banbury Ents Trust
—
Deed Of Trust
related
$1,200,000 · Mclaughlin Clenard O Tr A (tr)
—
—
Brooke Banbury
—
Deed Of Trust
related
$1,400,000 · Zions First National Bank
—
—
Brooke W Banbury
—
Deed Of Trust
related
$1,669,000 · Norwest Bank Arizona
—
—
Banbury Ents Trust
—
Deed Of Trust
related
$1,200,000 · Mclauglin Clenard Trust (pt)
—
—
Banbury Ents Trust
—
Deed Of Trust
related
$1,200,000 · Mclaughlin Clenard A Tr (pt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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