1400 66Th AveDenver, CO 80229

Property Details for 1400 66Th Ave

Year built

1986

Lot size

3.15 AC

Property size (Sq ft)

58,525 SF

Property type

Manufacturing properties

APN

R0098154

APU

R0098154

Description

This exceptional 58,525-square-foot warehouse, situated on a 3.15-acre lot in unincorporated Adams County, presents a unique investment opportunity. Built in 1986 and extensively renovated in 2021, the property boasts a two-story, approximately 6,500-square-foot office space, ideal for administrative functions. The warehouse features a robust power supply (3,200a, 120/280v, 480v, 3p), ensuring operational efficiency. Loading is facilitated by five drive-in doors (three 12' x 12', two 12' x 14') and three dock positions, optimizing logistics. The property benefits from I-2 zoning, allowing for a variety of industrial uses. Key improvements from the 2021 renovation include a new ESFR sprinkler system, twelve new rooftop HVAC units, updated landscaping, new LED lighting throughout, fresh interior and exterior paint, and security fencing and gates. The warehouse also features a concrete storage yard and a clear height ranging from 16' to 18'. Potential for rail access adds further value to this strategically located asset within Denver's Central Industrial Submarket. The fully conditioned manufacturing area and modern amenities create optimal working conditions.

• CAP approach

  CAP return

  Valuation

  6%

  $30,716,800

  6.5%

  $28,353,900

  7%

  $26,328,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,588,700

  Geo Method

  $7,736,540

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $14,627,100

  Mixed-Use / Specialty

  $14,643,800

  Hospitality / Lodging

  $10,833,300

  Office

  $14,628,400

  Institutional / Educational

  $15,248,200

  Residential Income

  $17,840,400

  Multifamily

  $21,015,300

  Automotive / Energy

  $13,069,900

  Parking / Income-Based Land

  $4,442,270

  Restaurant / Food Service

  $7,763,210

  Healthcare / Senior Housing

  $14,946,300

Location Insight

City

Denver

County

Adams

State

Colorado

Latitude

39.8158

Longitude

-104.97

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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