How to Analyze Denver Area Industrial Property for Sale
There’s no denying that the Denver* metro industrial market has been, is and continues to be on fire with investors and owner-users.
Let’s look at some reasons why:
Strong economy: the Denver metro has a strong and diverse economy, which can provide a solid foundation for industrial property investments.
Growing population: Colorado has a growing population, which can increase demand for industrial properties and contribute to their value.
Proximity to major transportation networks: The state of Colorado is located in the heart of the United States and has access to major transportation networks, including roads, rail, and airports, which can make it attractive for industrial property investment.
Favorable business climate: Colorado has a favorable business climate, with a relatively low cost of living and a skilled labor force. These factors can make it an attractive location for industrial property investment.
Potential for growth: Colorado has a strong potential for growth in various industries, which can contribute to the value of industrial property investments in the state.
*When we say Denver, we are including areas such as Boulder, Broomfield, Westminster, Thornton, Brighton, Commerce City, Loveland, Fort Collins, Castle Rock and more. We’ve done industrial sales all over Colorado. If you’re interested in buying or selling industrial property, contact us to see if we can help!
There are several factors to consider when analyzing or valuing an industrial property.
First, the location of the property is an important factor to consider. Industrial properties located in areas with a strong economy and good infrastructure tend to be more valuable. In addition, the proximity of the property to transportation networks, such as roads, ports, and airports, can impact its value.
The size of the property is also important. A larger property may be more valuable, as it provides more space for operations and potential expansion. However, it is also important to consider the specific needs of your business when evaluating the size of a property.
The condition of the property is another factor to consider. Industrial properties that are in good condition will generally be more valuable than those that require significant repairs or renovations. It is important to thoroughly inspect the property before purchasing to assess its condition and identify any potential repair needs.
Utilities are also an important factor to consider when analyzing an industrial property. The property should have access to the utilities that your business will need, such as electricity, water, and gas. The availability and cost of these utilities can impact the value of the property.
Access to transportation networks is also a key factor to consider when analyzing an industrial property. Properties with good access to roadways, rail networks, and shipping ports will generally be more valuable than those that are more isolated.
Finally, it is important to consider the potential for future development in the area when analyzing an industrial property. Properties located in areas with strong potential for growth may be more valuable in the long term.
It's also worth consulting an experienced Denver industrial real estate broker as they may be able to provide even more insight to certain locations and movements in the market that you can't seem to research online such as lease comps.
There are many factors to consider when analyzing or valuing an industrial property. It is important to carefully evaluate each of these factors in order to make an informed decision about whether a particular property is a good fit for your business.