1394 Acoma StDenver, CO 80210

  • Auto shops
  • 4,318 SF
For Lease
$40/SF/YR View listing

Property Details for 1394 Acoma St

Year built
1939
Construction
STEEL FRAME
Lot size
0.14 AC
Property size (Sq ft)
4,318 SF
Zone code
IA
Property type
Auto shops
APN
05222-04-036-000
APU
522204036000

Description

This exceptional Class A, free-standing office/retail building in Denver, CO (80210), offers 4,524 square feet of space across two stories. Completely renovated in 2023, it boasts modern finishes and exposed brick, creating a unique and stylish environment. The property features one available space of 3,455 square feet, perfect for a variety of businesses. Its prime location, three blocks south of Broadway and I-25, places it conveniently between Downtown Denver, Cherry Creek, and the Denver Tech Center, offering easy access to major transportation routes, including RTD stations and light rail. The vibrant neighborhood is filled with retail outlets, restaurants, and bars, providing a high-energy atmosphere. Amenities include ample parking, a rooftop terrace, and a patio area. The building is situated across from a new whiskey tasting room and within walking distance of numerous popular eateries. This property benefits from its proximity to ongoing development, including the Gates development, ensuring continued growth and high visibility. The building's multiple tenancy allows for flexibility and potential for expansion.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,103,660
    6.5%
    $1,018,770
    7%
    $945,998
  • Comparable approach

    Method
    Valuation
    Relative Method
    $371,023
    Geo Method
    $371,023
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,035,030
    Mixed-Use / Specialty
    $995,604
    Hospitality / Lodging
    $705,015
    Office
    $969,347
    Institutional / Educational
    $1,028,050
    Residential Income
    $1,202,810
    Multifamily
    $1,550,870
    Automotive / Energy
    $881,183
    Parking / Income-Based Land
    $323,382
    Restaurant / Food Service
    $476,139
    Healthcare / Senior Housing
    $1,041,000

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.6913
Longitude
-104.988
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
$10,366
$51,700
$82,080
$133,780
-
$215,300
$294,200
$509,500

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