2220 BroadwayDenver, CO 80205

  • Commercial real estate
  • 10,732 SF
For Sale
$2,400,000 View listing

Property Details for 2220 Broadway

Lot size
0.25 AC
Property size (Sq ft)
10,732 SF
Zone code
D-AS-12+
Property type
Commercial real estate
APN
02342-25-019-000
APU
234225019000

Description

Exceptional investment opportunity in Denver, Colorado, featuring a 10,716 square foot parking lot situated on a 0.25-acre lot at 2220 Broadway, zip code 80205. This property boasts a prime location with high visibility, experiencing over 30,000 vehicles daily. Currently offering approximately 45 surface parking spaces, the lot is priced at $2,400,000, translating to $223.96 per square foot. The D-AS-12+ zoning designation presents significant redevelopment potential, allowing for the construction of a slender tower up to 8 to 12 stories, or a taller structure up to 20 stories with integrated parking. This high-density redevelopment play is situated in a rapidly growing area of Denver, making it an attractive proposition for developers seeking a high-profile site with substantial upside. The property's APN is 2342-25-019. This is a unique opportunity to acquire a valuable asset in a dynamic Denver market. The property is also available for sale in conjunction with an adjacent building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,934,955
    Hospitality
    $2,688,403
    Educational
    $2,236,720
    Medical
    $2,313,644
    Retail
    $3,479,342

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7528
Longitude
-104.987
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
$55,125
$711,140
$280
$711,420
-
$2,548,900
$1,000
$2,549,900

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].