3333 Colorado BlvdDenver, CO 80205
- Sports & entertainment properties
- 30.40 AC
Property Details for 3333 Colorado Blvd
- Lot size
- 30.40 AC
- Zone code
- OS-A
- Property type
- Sports & entertainment properties
- APN
- 05363-00-001-000
- APU
- 536300001000
Description
This vacant, 1,724 square foot storefront/traditional office building presents a unique investment opportunity in Denver, Colorado. Located at 3333 Colorado Blvd, in the 80205 zip code, this property boasts high visibility on a major thoroughfare. Built in 1940, the single-unit building sits on a 5,630 square foot lot and is zoned E-CC-3X, offering flexibility for various uses. The property's Class C designation reflects its potential for renovation and customization to suit a wide range of businesses. Currently vacant, this space allows for immediate occupancy and the chance to create a tailored environment. The simple layout makes it ideal for an office or small retail business seeking a prominent location. Note that this sale excludes any cell tower or associated income. This is a cost-effective entry point into the Denver commercial real estate market, offering significant potential for return on investment. The property's prime location and adaptable space make it an attractive proposition for savvy investors and entrepreneurs alike. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $158,188,000
- 6.5%
- $146,020,000
- 7%
- $135,590,000
-
Comparable approach
- Method
- Valuation
- Relative Method
- $83,149,600
- Geo Method
- $83,149,600
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $624,093,000
- Retail / Commercial
- $312,431,000
- Mixed-Use / Specialty
- $305,327,000
- Hospitality / Lodging
- $216,211,000
- Office
- $297,275,000
- Institutional / Educational
- $315,277,000
- Residential Income
- $368,874,000
- Multifamily
- $475,612,000
- Automotive / Energy
- $270,237,000
- Parking / Income-Based Land
- $99,173,200
- Restaurant / Food Service
- $146,020,000
- Healthcare / Senior Housing
- $319,250,000
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.6545
- Longitude
- -104.952
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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