845 Wyandot St Denver, CO 80204
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-B · Denver, CODenver. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.