400 48Th AveDenver, CO 80216

  • Commercial real estate
  • 100,008 SF
For Lease
$16/SF/YR View listing

Property Details for 400 48Th Ave

Lot size
2.30 AC
Property size (Sq ft)
100,008 SF
Zone code
OS-A
Property type
Commercial real estate
APN
02154-22-010-000
APU
215422010000

Description

This exceptional three-story office building, totaling 98,454 square feet, is situated at 400 W 48th Ave in Denver's Globeville submarket. Built in 1981 and extensively renovated in 2022, the property boasts a prime location at the intersection of I-70 and I-25, offering unparalleled visibility and accessibility within the Denver metro area. The building features a single structure on a 2.78-acre lot, zoned I-B. Multiple tenancy options are available, ranging from a minimum of 3,000 square feet to a maximum contiguous space of 30,388 square feet. High-quality amenities include a fitness center with men's and women's showers and lockers, and ample free parking. Building parapet signage is also available. The property is currently home to established tenants such as Sunflower Bank, Fluid Truck, and Milgard Custom Doors and Windows, demonstrating its desirability and strong tenant base. This well-maintained building presents a unique opportunity for businesses seeking a prominent location with excellent amenities and accessibility in Denver's thriving Globeville area. The building includes elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,349,888
    Hospitality
    $25,052,350
    Educational
    $20,843,262
    Medical
    $21,560,094
    Retail
    $32,422,852

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7847
Longitude
-104.982
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
-
$41,850
$50,500
$92,350
-
$150,000
$181,000
$331,000

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