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1715 N Poplar St 2,047 SF 100% Leased Retail Building Leadville, CO 80461 $1,100,000 ($537.37/SF) 7.55% Cap Rate
INVESTMENT HIGHLIGHTS
- 2,047 SF warehouse situated on a 1.1-acre lot in Leadville, CO
- Multiple income streams from warehouse tenants, food truck yard users, and storage sheds
- Functional warehouse layout with ample yard space for storage, parking, or future use flexibility
- Located along high-visibility Poplar Street, offering excellent exposure and accessibility
- Diverse rent roll providing stable cash flow with value-add potential through lease adjustments
- Future redevelopment potential given the property’s large lot size, flexible layout, and prominent location
EXECUTIVE SUMMARY
1715 N Poplar St. features a versatile 2,047 SF warehouse situated on a 1.1-acre lot along Poplar Street, one of the most highly visible and active roads in Leadville, Colorado. The property is currently occupied by two short-term tenants in the main warehouse and includes additional income from yard users and storage sheds, providing a healthy and diversified rent roll.
With multiple income streams and flexible site configuration, the property offers strong potential for an investor seeking stable cash flow with value-add upside through future lease adjustments or repositioning. The property’s large lot and functional warehouse layout may also appeal to an owner-user looking to occupy part of the space while maintaining supplemental income.
This asset represents an excellent opportunity to acquire a well-located, income-producing property with solid fundamentals and room for future growth.
With multiple income streams and flexible site configuration, the property offers strong potential for an investor seeking stable cash flow with value-add upside through future lease adjustments or repositioning. The property’s large lot and functional warehouse layout may also appeal to an owner-user looking to occupy part of the space while maintaining supplemental income.
This asset represents an excellent opportunity to acquire a well-located, income-producing property with solid fundamentals and room for future growth.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$83,004
|
$40.55
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $83,004 |
| Annual Per SF | $40.55 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,047 SF
Building Class
C
Year Built
1980
Price
$1,100,000
Price Per SF
$537.37
Cap Rate
7.55%
NOI
$83,004
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
1.10 AC
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $25,333 (2024) | |
| Land Assessment | $76,700 (2024) | Total Assessment | $102,033 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$76,700 (2024)
Improvements Assessment
$25,333 (2024)
Total Assessment
$102,033 (2024)
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1715 N Poplar St
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