12005 45Th AveDenver, CO 80239

Property Details for 12005 45Th Ave

Year built

1973

Construction

STEEL FRAME

Lot size

2.32 AC

Property size (Sq ft)

24,936 SF

Zone code

B-8

Property type

Office buildings

APN

01231-00-074-000

APU

123100074000

Description

Trade 45 offers 25,126 square feet of versatile commercial space in Aurora, Colorado. This multi-tenant property features a mix of executive office suites, flexible workspace, and warehouse areas, all currently vacant and ready for immediate occupancy. The building boasts a full exterior Stayntech® masonry stain and a complete cosmetic renovation of the office space. The warehouse is white-boxed, allowing for customized tenant improvements. Office amenities include 34 private offices, 4 executive suites, 5 large conference rooms, and over 25 workstations, along with two kitchen/breakrooms and a large training room. The warehouse features 10'-12' ceiling heights and two drive-in doors. The property sits on 2.33 acres and provides 98 striped parking spaces. Power is supplied by a 480V 3-phase 400-amp system. Zoned B-8, this location offers exceptional access to major highways including I-70, I-25, I-270, and E-470, placing it within easy reach of downtown Denver (18 minutes) and a strong workforce. Nearby amenities include Costco, Walmart, and Stanley Marketplace. Divisible spaces range from 7,763 to 12,563 contiguous square feet. This property is ideal for businesses seeking a combination of modern office space and functional warehouse capabilities in a highly accessible and desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,304,430

  6.5%

  $4,896,400

  7%

  $4,546,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,891,660

  Geo Method

  $2,060,210

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,263,980

  Retail / Commercial

  $4,824,110

  Mixed-Use / Specialty

  $4,864,900

  Hospitality / Lodging

  $3,644,720

  Institutional / Educational

  $5,078,260

  Residential Income

  $5,941,570

  Multifamily

  $6,804,510

  Automotive / Energy

  $4,352,800

  Parking / Income-Based Land

  $1,444,800

  Restaurant / Food Service

  $2,654,040

  Healthcare / Senior Housing

  $4,929,400

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7782

Longitude

-104.851

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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