Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8125 E 88Th Ave Henderson, CO 80640
    Back to Search
    Property profile & analytics

    8125 E 88Th Ave Henderson, CO 80640

    View on Map
    • Distribution centers
    • 98,118 SF
    • 28.06 lot acres
    For Lease
    $8,690,000
    View Listing →
    Food Grade Distribution Building For Lease
    $8,690,000
    148,000 SF

    Food Grade Distribution Building

    Distribution building with freezer, cooler, and office space available for sublease.

    8125 E 88th Ave, Henderson, CO 80640
    View Listing
    Property ID
    US13-0961686
    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

    • DPI Rocky Mountain / Distribution Center / Logistics Company
    • Distribution Plus Inc / Distribution Center / Logistics Company

    Property Details for 8125 E 88Th Ave

    Year built
    1998
    Lot size
    28.06 lot acres
    Property size
    98,118 SF
    Property type
    Distribution centers
    APN
    1721-21-0-05-029
    APU
    172121005029

    Description

    This exceptional 157,845-square-foot industrial property in Henderson, Colorado, offers a unique blend of refrigerated, cold storage, and dry warehouse space. Situated on 1,996 acres, this Class B building, constructed in 1998, boasts a 31-foot ceiling height, making it ideal for efficient storage and distribution. The facility features 24 dock-high doors, with half dedicated to refrigerated areas, and one drive-in door. Power is supplied by a 277/480-volt system. The space is currently configured as a single-tenant facility with a substantial three-story, 22,000-square-foot office area. The warehouse space includes 96,000 square feet of dry storage, 15,000 square feet of freezer space (utilizing an ammonia system), and 15,000 square feet of cooler space. This food-grade distribution building has the potential for expansion up to 180,000 square feet. The property is zoned I-2 and benefits from a sublease term extending through October 31, 2040. This is a prime opportunity for businesses seeking a large-scale, versatile industrial space in a strategic Colorado location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,564,000
      Market price range: $10.6M - $20.5M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $12,485,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Adams
    State
    Colorado
    Longitude
    -104.893
    Latitude
    39.8586
    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
    2017
    $0.00
    $731,140
    $499,390
    $1,230,530
    -
    $2,521,161
    $1,722,050
    $4,243,211

    Comparable in this City

    • Value Estimation by Request
      16,800 SF

      9658 Havana St

      Distribution properties • 16,800 SF
      9658 Havana St, Commerce City, CO 80640
      View Details
    • Value Estimation
      $6,845,000
      84,000 SF

      9000 96th Ave

      DISTRIBUTION WAREHOUSE • 84,000 SF
      9000 96th Ave, Commerce City, CO 80640-8429
      View Details
    • Value Estimation by Request
      19,700 SF

      9640 Havana St

      Distribution properties • 19,700 SF
      9640 Havana St, Henderson, CO 80640
      View Details
    • Value Estimation
      $3,710,000
      89,219 SF

      9251 104th Ave

      DISTRIBUTION WAREHOUSE • 89,219 SF
      9251 104th Ave, Commerce City, CO 80640-8823
      View Details
    • Value Estimation
      $4,095,000
      41,120 SF

      9330 Brighton Rd

      DISTRIBUTION WAREHOUSE • 41,120 SF
      9330 Brighton Rd, Henderson, CO 80640-8228
      View Details
    • Value Estimation
      $8,490,000
      60,209 SF

      9152 Yosemite St

      DISTRIBUTION WAREHOUSE • 60,209 SF
      9152 Yosemite St, Commerce City, CO 80640-8027
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      39,612 SF

      Modern Industrial Building For Sale

      39,612 SF modern industrial building in Commerce City, Colorado.
      9792 E Hanover Ct, Commerce City, CO 80640
      View Details
    • $1,375,000
      1,262 SF

      Versatile Industrial Land with Income

      Nearly one-acre industrial asset with multiple revenue streams.
      8800 Brighton Rd, Henderson, CO 80640
      View Details
    • Contact for pricing
      6,179 SF

      Industrial Building with Outdoor Storage

      Industrial building with outdoor storage along I-76 corridor.
      9725 Brighton Rd, Henderson, CO 80640
      View Details
    • Contact for pricing
      39,612 SF

      Modern Industrial Facility For Sale

      39,612 SF Class A industrial facility built in 2020.
      9792 Hanover Ct, Commerce City, CO 80640
      View Details
    • $950,000
      1,848 SF

      Functional Two-Bay Warehouse For Sale

      Two-bay warehouse featuring large drive-in doors, 1,848 square feet.
      10701 E 120Th Ave, Henderson, CO 80640
      View Details
    • $1,350,000
      5,000 SF

      Industrial/Flex/Retail Showroom Condos For Sale

      5,000 SF industrial/flex/retail showroom condos suitable for various users.
      9690 Dallas St, Henderson, CO 80640
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      21,554 SF

      Luxury Garage Condo, Commerce City

      1,100 SF Warehouse Condo For Sale/Lease
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      16,800 SF

      Luxury Garage Condo Unit B02

      Commerce City Warehouse Space For Sale/Lease
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      21,554 SF

      Luxury Garage Condo Unit C09

      Commerce City Warehouse Condo - 1,352 SF
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      16,800 SF

      Luxury Garage Condo Unit B03

      Commerce City Warehouse Condo - 1,500 SF Available
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      16,800 SF

      Luxury Garage Condo Unit B08

      Commerce City Warehouse Space For Sale/Lease
      9658 Havana St, Commerce City, CO 80640
      View Details
    • $19 SF/Yr
      16,800 SF

      Luxury Garage Condo Unit B09

      Commerce City Warehouse, 1,500 SF Available
      9658 Havana St, Commerce City, CO 80640
      View Details
    View Listing
    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.
    8125 E 88Th Ave
    Henderson, CO 80640
    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
    8125 E 88Th Ave, Henderson, CO, 80640
    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!