4455 Colfax AveDenver, CO 80204

Property Details for 4455 Colfax Ave

Year built

1985

Construction

WOOD

Lot size

0.45 AC

Property size (Sq ft)

3,360 SF

Zone code

UMS

Property type

Office buildings

APN

02313-11-059-000

APU

231311059000

Description

This exceptional Denver real estate opportunity presents a 19,559-square-foot corner lot at 4455 W Colfax Ave, offering unparalleled visibility and accessibility. The property includes a 3,360-square-foot, single-story flex building, built in 1970, currently vacant and ready for immediate occupancy. The site's size and location make it ideal for redevelopment, presenting significant potential for investors and developers. Located just two blocks from Sloan's Lake, this property benefits from proximity to restaurants, shops, bars, parks, and entertainment. Its central location provides easy access to Downtown Denver, LoDo, the Highlands, and major transportation routes. The property is zoned U-MS-5 and offers a rare chance to capitalize on Denver's growth in a dynamic area. The asking price is $2,450,000. This is a one-building property on a 0.45-acre lot in Denver County, Colorado, zip code 80204.

• CAP approach

  CAP return

  Valuation

  6%

  $617,486

  6.5%

  $569,987

  7%

  $529,273

• Comparable approach

  Method

  Valuation

  Relative Method

  $683,779

  Geo Method

  $277,603

• Alternative Use

  Use

  Valuation

  Residential

  $706,783

  Hospitality

  $647,410

  Educational

  $538,637

  Medical

  $557,162

  Retail

  $837,880

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7407

Longitude

-105.045

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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