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Property profile & analytics
FOR SALE
Warehouses

845 Wyandot St Denver, CO 80204

3,475 SF 0.14 ac lot Built 1958
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US13-2484880
Property summary
AI-generated overview

This 3,475-square-foot industrial warehouse, built in 1957 and renovated in 2008, presents a compelling owner-user or investment opportunity. Located at 845 Wyandot St, Denver, CO 80204, this Class C property sits on a 13,670-square-foot lot and boasts a prime location adjacent to I-25 and with easy access to 6th Ave. The property features two loading docks with two dock-high doors, 8-16 foot ceiling heights, and 20 parking spaces. Currently vacant, the property offers a flexible space ideal for various uses. The building includes office space and a fenced yard. The asking price is $1,200,000, representing a current cap rate of 2.00% and a pro-forma cap rate of 3.70%. The property's Net Operating Income (NOI) is currently $24,000, with a pro-forma NOI of $44,357. The property is zoned I-B and consists of one building on one story. The property is comprised of three separate legal lots. This is a rare opportunity to acquire a well-located industrial property with significant upside potential. The property is currently vacant with an occupancy date of July 1, 2024. The APN is 5043-27-015.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1958
Construction STEEL FRAME
Total area 3,475 SF
Lot 0.14 ac (6,000 SF)
Zoning code I-B
APN 05043-27-013-000
UPID US13-2484880
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
  • CARS Power Steering Auto Parts Store
  • Osva Transmission Auto Repair Shop
  • Hugo's Transmissions Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Viramontes Holdings LLC · 18 yrs held
Viramontes Holdings LLC
since 2008
4 recorded transactions
2008
$345,000
2008
Price N/A
2007
$354,046
2005
Price N/A
Zoning & alternative use
I-B · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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