12790 38Th AveDenver, CO 80239

  • Warehouses
  • 1.70 AC
For Sale
$5,600,000 View listing

Property Details for 12790 38Th Ave

Year built
1974
Construction
STEEL FRAME
Lot size
1.70 AC
Zone code
IB
Property type
Warehouses
APN
01252-01-010-000
APU
125201010000

Description

This exceptional 40,000 square foot industrial property in Denver, Colorado, presents a compelling owner-user or investment opportunity. Situated on a 1.8-acre lot, this single-story building boasts a versatile design suitable for distribution, flex, or warehouse operations. The property features a 20-foot clear ceiling height, providing ample vertical space for storage and operations. Access is facilitated by six dock-high doors and one drive-in door (12' x 14'). The building is equipped with a robust electrical system, including 800 amps of 277/480 3-phase power, and a fully functioning fire sprinkler system. The column spacing is 40' x 25'. Recent improvements include fresh interior and exterior painting, and a new 20-year roof warranty is in place. The property is zoned I-B and is located at 12790 E 38th Ave, Denver, CO 80239. Rail access via Union Pacific is a possibility. The asking price is $5,600,000, translating to $140 per square foot. Currently vacant, this property offers immediate occupancy for a new owner. This is an ideal opportunity for businesses seeking a well-maintained, strategically located industrial space in the Denver market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,914,454
    Hospitality
    $14,577,555
    Educational
    $12,128,354
    Medical
    $12,545,467
    Retail
    $18,866,328
12790 38Th Ave, Denver, Colorado

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7687
Longitude
-104.838
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$112,720
$301,630
$1,153,080
$1,454,710
-
$1,111,100
$4,132,900
$5,244,000

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