1187 68Th AveDenver, CO 80229

Property Details for 1187 68Th Ave

Year built

1984

Lot size

1.56 AC

Property size (Sq ft)

7,258 SF

Property type

Manufacturing properties

APN

R0118416

APU

R0118416

Description

This exceptional industrial property, located at 1187 E 68th Ave in Denver, Colorado, presents a rare investment opportunity. Spanning 29,486 square feet, this Class B building sits on a 1.56-acre lot and boasts two buildings with two stories each. Constructed in 1984 and renovated in 2000, the property features 16-foot ceilings and ample parking for 106 vehicles. The zoning is I-B, allowing for diverse industrial applications. The asking price is $4,995,999, translating to $169.44 per square foot. This versatile facility offers a blend of industrial and office space, including 6,540 square feet of Class A office space and an outdoor storage area. Its strategic location in North Denver provides easy access to major highways, including Interstates 25 and 76 (within half a mile), Highway (within 1.5 miles), and direct access to Interstate 70. This proximity to key industrial and commercial hubs ensures excellent connectivity and logistical advantages. The building's durable construction is designed for heavy industrial use and is equipped with essential utilities to support diverse operations. The property's modern office spaces, high ceilings, and efficient workflow designs contribute to its overall appeal. This property is perfectly suited for manufacturing, distribution, or even a corporate headquarters, offering significant potential for value appreciation and income generation. Heavy power is also available.

• CAP approach

  CAP return

  Valuation

  6%

  $3,809,350

  6.5%

  $3,516,320

  7%

  $3,265,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,049,380

  Geo Method

  $959,450

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,813,980

  Mixed-Use / Specialty

  $1,816,050

  Hospitality / Lodging

  $1,343,490

  Office

  $1,814,150

  Institutional / Educational

  $1,891,010

  Residential Income

  $2,212,480

  Multifamily

  $2,606,220

  Automotive / Energy

  $1,620,870

  Parking / Income-Based Land

  $550,909

  Restaurant / Food Service

  $962,757

  Healthcare / Senior Housing

  $1,853,570

Location Insight

City

Denver

County

Adams

State

Colorado

Latitude

39.8203

Longitude

-104.974

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].