11585 53Rd AveDenver, CO 80239

  • Warehouses
  • 165,551 SF
For Lease
$7.50/SF/YR View listing

Property Details for 11585 53Rd Ave

Year built
1984
Construction
STEEL FRAME
Lot size
7.55 AC
Property size (Sq ft)
165,551 SF
Zone code
I-B
Property type
Warehouses
APN
01141-02-015-000
APU
114102015000

Description

This exceptional industrial property, the Denver Business Center, presents a significant investment opportunity. Located at 11585 E 53rd Ave, Denver, CO 80239, this Class B warehouse boasts a substantial 167,972 square feet of space across 7.55 acres of land. Built in 1985, the building features a desirable 22-foot ceiling height, providing ample vertical storage capacity. The property is currently configured for multiple tenants, offering flexibility for various business needs. Power is provided by a 100-amp, 277/480-volt system. The zoning designation is I-B, UO-2, within Denver County. One available space of 24,376 square feet is currently listed. Its strategic location in northeast Denver offers unparalleled access to major transportation arteries, including I-70, I-270, I-225, Pena Boulevard, and Denver International Airport (DIA), ensuring efficient logistics and distribution capabilities. This property represents a rare opportunity to acquire a well-positioned, sizable warehouse in a thriving Denver industrial submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $35,566,900
    Hospitality
    $32,579,090
    Educational
    $27,105,422
    Medical
    $28,037,618
    Retail
    $42,163,988

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7945
Longitude
-104.854
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
$351,255
$1,161,980
$3,034,740
$4,196,720
-
$4,194,800
$10,877,200
$15,072,000

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