11475 53Rd AveDenver, CO 80239

  • Warehouses
  • 167,367 SF
For Lease
$8.50/SF/YR View listing

Property Details for 11475 53Rd Ave

Year built
1985
Construction
STEEL FRAME
Lot size
7.79 AC
Property size (Sq ft)
167,367 SF
Zone code
I-B
Property type
Warehouses
APN
01141-02-010-000
APU
114102010000

Description

This exceptional Class B industrial warehouse/distribution center, Midway Distribution Center I, offers 168,560 square feet of space in Denver County. Built in 1985, the property sits on 7.79 acres and features a desirable front park/front load design, providing ample parking and excellent truck maneuvering room. Currently offering one available space of 23,468 square feet, this multi-tenant building boasts impressive features including an ESFR sprinkler system, 40' x 40' column spacing, and a substantial 197' building depth. Power is provided by 277/480-volt service. A significant advantage is the property's rail service via Union Pacific, enhancing logistical capabilities. The property is zoned I-B, UO-2, and benefits from convenient access to Peña Boulevard and Interstate 70, placing it within 13 miles of Denver International Airport (DIA) and 12 miles of downtown Denver. This strategic location and robust infrastructure make Midway Distribution Center I an ideal choice for businesses seeking efficient and well-connected warehouse space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $35,957,052
    Hospitality
    $32,936,464
    Educational
    $27,402,752
    Medical
    $28,345,174
    Retail
    $42,626,504

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7945
Longitude
-104.855
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
$356,698
$1,198,750
$3,404,640
$4,603,390
-
$4,326,600
$12,203,000
$16,529,600

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