8470 86Th AveCommerce City, CO 80022

Property Details for 8470 86Th Ave

Year built

1987

Lot size

1.10 AC

Property size (Sq ft)

12,888 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

R0194344

APU

R0194344

Description

This Commerce City, Colorado industrial property offers a rare opportunity. The 6.41-acre lot is zoned I-2, permitting outside storage, and features an existing 12,888-square-foot warehouse building. Built in 1987, the warehouse boasts 18-foot clear ceilings and eight drive-in bays. The property's strategic location provides excellent interstate access via I-76 and Highway 2. The potential for assemblage with an additional 3 acres further enhances its development potential. This vacant property presents a unique chance to acquire a substantial industrial asset in a prime location with flexible zoning options. The existing warehouse structure provides immediate income potential or a solid foundation for redevelopment. The expansive lot size and I-2 zoning offer significant flexibility for future expansion or development of additional industrial assets. Located at 8470 E 86th Ave, Commerce City, CO 80022, in Adams County.

• CAP approach

  CAP return

  Valuation

  6%

  $4,526,516

  6.5%

  $4,178,323

  7%

  $3,879,871

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,528,266

  Geo Method

  $2,683,312

• Alternative Use

  Use

  Valuation

  Residential

  $3,524,572

  Hospitality

  $3,228,489

  Educational

  $2,686,065

  Medical

  $2,778,442

  Retail

  $4,178,323

Location Insight

City

Commerce City

County

Adams

State

Colorado

Latitude

39.8519

Longitude

-104.89

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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