12005 45Th AveDenver, CO 80239

  • Office properties
  • 24,936 SF
For Sale
$4,250,000 View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,680,384
    6.5%
    $4,320,354
    7%
    $4,011,757
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,891,660
    Geo Method
    $2,060,212
  • Alternative Use

    Use
    Valuation
    Residential
    $5,357,239
    Hospitality
    $4,907,202
    Educational
    $4,082,734
    Medical
    $4,223,146
    Retail
    $6,350,920
12005 45Th Ave, Denver, Colorado

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

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
$58,683
$415,150
$342,190
$757,340
-
$1,518,000
$1,226,500
$2,744,500

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