Englewood, Colorado · Industrial Market

What Is Warehouse & Industrial Space Worth in Englewood, CO?

Based on 37 qualified arm's-length sales recorded over the past 24 months, the median industrial/warehouse sale price in Englewood is $1,450,000, with a typical range of $1.1M–$4.4M. This guide explains what drives that range and how to get a specific estimate for your property.

Key Facts — Englewood Industrial/Warehouse

  • 37 qualified sales · trailing 24 months
  • Median sale price: $1,450,000
  • Typical range: $1,100,000 – $4,400,000
  • Source: Arapahoe County public records
  • 2.8× higher median than commercial/retail/office

Last updated: June 2026 · Data window: sales on/after 2024-06-01

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Local Market Snapshot

Englewood, CO Commercial Property Sales Data

Trailing 24 months (sales on/after 2024-06-01) · Source: Public Colorado county records (Arapahoe County assessor and clerk filings), aggregated.

Industrial / Warehouse
$1,450,000
Median Sale Price
Typical Range: $1,100,000 – $4,400,000
37 qualified sales
Commercial / Retail / Office
$517,500
Median Sale Price
Typical Range: $209,250 – $926,562
64 qualified sales

Data note: Figures are descriptive statistics from recorded transactions, not appraisals or opinions of value. Individual properties vary widely. Attributed to: Public Colorado county records (county assessor and clerk filings), aggregated. Window: Trailing 24 months (sales on/after 2024-06-01).

How Is Industrial & Warehouse Property Value Assessed in Colorado?

Colorado county assessors and licensed appraisers use three recognized approaches to value industrial property: the income approach, the sales comparison approach, and the cost approach. All three are anchored to arm's-length transaction data from public county records.

Each method has different relevance depending on the property's use, size, and whether it is owner-occupied or investment-grade. A full picture typically triangulates all three.

01

Income Approach

Net operating income (rent minus operating expenses) is divided by a market capitalization rate to derive value. Industrial cap rates in the Denver Metro have been driven by strong occupancy and tenant demand. This approach is most relevant for leased investment properties.

02

Sales Comparison

Recent arm's-length sales of similar industrial buildings are adjusted for size, condition, location, and features such as clear height and dock access. The Englewood dataset — 37 qualified sales, median $1,450,000 — is the direct foundation for this method in this market.

03

Cost Approach

Replacement cost of the building is estimated (typically per-square-foot construction costs for the relevant building class), then depreciation for age and condition is subtracted, and site value is added. Most useful for newer or special-use facilities where comparable sales are scarce.

Colorado Assessed Value vs. Market Value

For tax purposes, Colorado assesses commercial and industrial property at 29% of the county assessor's estimated actual (market) value. Your property tax notice will show assessed value — to compare it to the market, divide the assessed value by 0.29. If the result differs significantly from recent comparable sales, you may have grounds to petition the assessor. The county assessor reassesses every two years.

What Factors Drive the Value of a Specific Warehouse or Industrial Building?

Within the $1.1M–$4.4M typical range, individual Englewood industrial properties diverge significantly based on physical characteristics, zoning, and income profile. The following factors explain most of the spread.

No two industrial buildings are priced identically. Understanding these drivers helps owners and buyers calibrate where a specific property sits within the market range.

Clear Height

Buildings with 24'+ clear height command significant premiums over 16'–18' clear facilities. Modern logistics users often require 28'–32' clear for racking efficiency.

Dock-High & Grade-Level Doors

Dock-high loading positions are essential for most distribution and logistics users. Properties with multiple docks command higher per-square-foot values than single-door grade-level buildings.

Highway Proximity

Proximity to I-25, US-285 (Santa Fe Drive), and C-470 directly correlates with logistics suitability. Properties within a mile of an interchange typically achieve higher prices from a larger buyer pool.

Power Service

Electrical capacity (amps and phase) is critical for manufacturing and data-intensive users. Heavy three-phase power upgrades are expensive; buildings already equipped command a premium.

Lot-to-Building Ratio & Yard

Excess land for truck staging, outdoor storage, or future expansion is highly valued by industrial buyers. A low lot coverage ratio can significantly increase land value contribution.

Lease In Place vs. Vacant

An investment-grade lease to a creditworthy tenant stabilizes value via the income approach. A vacant building's value depends heavily on its re-leasing prospects, local vacancy, and asking rents.

Building Age & Condition

Deferred maintenance, outdated HVAC/mechanical systems, asbestos, or seismic/structural issues reduce value and limit the buyer pool. Newer or recently upgraded buildings achieve market-rate prices with less due-diligence friction.

Zoning Classification

I-1 (Light Industrial) and I-2 (General Industrial) zoning in Englewood determines permitted uses, outdoor storage allowances, and compatibility with neighboring parcels — all of which shape the competitive buyer pool and achievable price.

Location & Market Context

Why Does Englewood Matter for Industrial & Logistics Real Estate?

Englewood occupies a strategically valuable position in the Denver Metro south industrial corridor, with multi-highway access that supports last-mile delivery, light manufacturing, and mid-bay distribution — making its industrial properties attractive to a wide buyer and tenant pool.

I-25 & Santa Fe Access

US-85 (Santa Fe Drive) runs directly through Englewood, connecting to I-25 within minutes and providing north–south freight movement along the entire Front Range.

C-470 Connector

C-470 to the south links Englewood industrial users to DIA via I-70, to DTC, and to the entire southwest metro — covering a large residential consumer base.

Last-Mile Positioning

The south Denver population corridor is dense and underserved by modern last-mile facilities. Englewood's established industrial stock fills a gap in metro-wide logistics coverage.

Infill Land Scarcity

Available industrial land in established, permit-ready locations is limited in the metro south. This scarcity supports the value floor seen in the recorded sales data.

Workforce Density

Englewood's location in central Arapahoe County provides access to a large, skilled trades and logistics workforce from multiple surrounding communities.

Established Infrastructure

Unlike greenfield industrial sites, Englewood's industrial corridors benefit from existing utilities, rail-adjacent parcels in some areas, and municipal services capable of supporting industrial operations.

How Can I Get a Value Estimate for My Englewood Industrial Property?

Public market data sets the range; a specific property requires a targeted comparable search against recorded sales. Colorado Land Use provides a five-step research process drawing on the same Arapahoe County public records that power this guide.

Move from general market range to a property-specific estimate using the steps below. The process can be completed quickly once property details are confirmed.

1

Confirm Property Details

Provide the legal description or parcel number, the assessor's building size record, zoning designation, and any recent lease or operating data. Accuracy at this stage determines the quality of the comparable search.

2

Pull the Comparable Sales Set

Colorado Land Use filters the Arapahoe County transaction database for industrial/warehouse sales that match your property's size range, sub-market location, and building class within the relevant time window.

3

Adjust for Physical Differences

Comparables are adjusted for clear height, dock count, lot size, age, and condition relative to your property — the same adjustments a licensed appraiser would apply — to narrow the implied value range.

4

Assess Income & Lease Context

If the property is currently leased, rental rate and term are benchmarked against market rents. If vacant, re-leasing time and cost assumptions are layered in to inform value under both owner-user and investor scenarios.

5

Deliver a Documented Report

A written summary is provided with the comparable transactions, per-SF metrics, adjustment rationale, and an indicated value range — designed to be usable in conversations with lenders, brokers, or the county assessor.

What Zoning Classifications Apply to Industrial Properties in Englewood, CO?

Englewood's Municipal Code establishes I-1 (Light Industrial) and I-2 (General Industrial) districts. The classification directly affects permitted uses, maximum lot coverage, setbacks, outdoor storage allowances, and the competitive buyer pool — each of which feeds back into property value.

Zoning is one of the first things a sophisticated industrial buyer verifies. A mismatched zoning — for example, a heavy-use operation in an I-1 zone, or a property with a nonconforming use — can cloud title, limit re-use options, and reduce value relative to conforming properties.

Additionally, some Englewood parcels overlap with Arapahoe County urban renewal authority boundaries or Colorado Opportunity Zone census tracts. These designations can affect the economics of investment — particularly for buyers with capital gains — and should be verified with the City of Englewood Planning and Zoning Division and Arapahoe County.

Note: Zoning information is general guidance only. Always verify the current zoning and any overlay districts directly with the City of Englewood for a specific parcel before making decisions.

Englewood Industrial Zoning: Quick Reference

District Typical Permitted Uses
I-1
Light Industrial
Warehousing, light manufacturing, distribution, contractor yards, wholesale, research & development, limited outdoor storage
I-2
General Industrial
Heavy manufacturing, recycling facilities, auto salvage, materials processing, intensive industrial uses not permitted in I-1
Overlays Urban renewal areas, Opportunity Zone tracts, flood zone overlay (FEMA) — verify per parcel
Tax Ratio Industrial assessed at 29% of actual value for Colorado property tax purposes

Englewood Warehouse & Industrial Value — FAQ

Answers drawn from verified public records data and Colorado commercial real estate practice. Figures sourced from Arapahoe County public records unless otherwise noted.

Based on 37 qualified sales recorded over the trailing 24 months (on/after 2024-06-01), the median sale price for industrial/warehouse property in Englewood is $1,450,000, with a typical range of $1,100,000–$4,400,000. Source: Public Colorado county records (Arapahoe County assessor and clerk filings), aggregated.

Industrial property in Colorado is typically assessed using three approaches: the income approach (capitalized net operating income), the sales comparison approach (price per square foot vs. comparable sales), and the cost approach (replacement cost minus depreciation). County assessors use actual sale prices from public records as primary benchmarks.

Englewood sits at the intersection of US-285 and Santa Fe Drive (US-85), with quick access to I-25 and C-470. Its position in the Denver Metro south corridor makes it attractive for last-mile logistics, light manufacturing, and distribution operations serving both the metro core and the southern Front Range. Infill land scarcity further supports the value floor.

Industrial/warehouse properties trade at a significantly higher level than commercial/retail/office in Englewood. The industrial median is $1,450,000 vs. $517,500 for commercial/retail/office — roughly 2.8× higher, reflecting land area, ceiling heights, dock access, and income-generating capacity of industrial assets.

Key value drivers include: clear height (ceiling clearance), number of dock-high and grade-level doors, lot-to-building ratio, power service (amps/phase), zoning classification (I-1 light vs. I-2 heavy), proximity to highway interchange, column spacing, office percentage, and current lease terms or vacancy. Each of these can move a property's value substantially within the recorded range.

Englewood's zoning code includes I-1 (Light Industrial) and I-2 (General Industrial) districts. I-1 permits light manufacturing, warehousing, and distribution. I-2 allows heavier industrial uses. Zoning affects permitted uses, setback requirements, outdoor storage allowances, and ultimately buyer pool and marketability. Verify the specific parcel's zoning with the City of Englewood directly.

The verified dataset covers total transaction prices but does not include a per-square-foot breakdown — building sizes vary widely across the 37 qualified sales. Per-square-foot values depend heavily on building size, clear height, dock count, and condition. Requesting a specific comparable report will yield per-SF figures for properties matching your building's profile.

Englewood is part of the Denver Metro south industrial corridor, which also includes Littleton, Centennial, and the I-25/C-470 interchange zone. This corridor has attracted last-mile and mid-bay users as north-metro industrial land has become scarcer and pricier. Englewood benefits from established infrastructure and a more central position relative to residential population density.

Parts of Englewood overlap with Arapahoe County enterprise and urban renewal areas. Colorado also designated certain Arapahoe County census tracts as federal Opportunity Zones under the Tax Cuts and Jobs Act. Whether a specific parcel qualifies should be verified with the city and county directly, as zone boundaries affect investment tax incentives significantly.

Use the request form at the top of this page. Provide the property address, approximate building size, and your ownership or inquiry context. Colorado Land Use will compile a specific comparable transaction report drawn from the same public county records underlying the market snapshot on this page.

Colorado county assessors calculate an assessed value for tax purposes, which for commercial/industrial property equals 29% of the assessor's estimated actual (market) value. Assessed value drives your property tax bill; market value is what a willing buyer and seller would agree to. The two can diverge significantly if the property hasn't sold recently or has undergone significant renovation. You may petition the assessor if you believe assessed value is out of line with the market.

Yes. The 37 qualified sales in the dataset include arm's-length transactions across owner-user and investor sales of industrial/warehouse properties in Englewood, as recorded by the Arapahoe County assessor and clerk. Figures are descriptive statistics from recorded transactions, not appraisals or opinions of value. Individual properties vary widely.

Get a Specific Report for Your Englewood Industrial Property

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