3900 Elati StDenver, CO 80216

Property Details for 3900 Elati St

Year built

1972

Construction

CONCRETE

Lot size

6.91 AC

Property size (Sq ft)

317,578 SF

Zone code

I-A

Property type

Residential income properties

Property subtype

Residential income homes

APN

02223-00-093-000

APU

222300093000

Description

This exceptional Denver retail property offers up to 50,000 square feet of divisible, clear-span space across two floors. Boasting 21-foot clear ceiling heights, the property enjoys excellent visibility from Interstate 25, situated within the vibrant Fox Park neighborhood. A new westerly storefront, complete with a large exclusive parking field, will be provided by the landlord. The property presents significant signage and mural opportunities directly facing I-25, maximizing brand exposure. Its strategic location provides easy access to Denver via I-25 and I-70, and is conveniently located across the street from the E-line rail stop, offering direct access to Union Station and the Sunnyside neighborhood in the Highlands. Furthermore, the property is just blocks away from the planned Fox Park redevelopment project encompassing the former Denver Post circulation building, promising future growth and increased foot traffic. This presents a unique opportunity for businesses seeking a high-profile location with ample space and excellent accessibility in a rapidly developing area of Denver, Colorado, with zip code 80216. The property is classified as a single-tenant retail space in Denver County.

• CAP approach

  CAP return

  Valuation

  6%

  $94,087,800

  6.5%

  $86,850,280

  7%

  $80,646,688

• Comparable approach

  Method

  Valuation

  Relative Method

  $129,257,808

  Geo Method

  $40,669,356

• Alternative Use

  Use

  Valuation

  Residential

  $86,850,280

  Hospitality

  $79,554,392

  Educational

  $66,188,316

  Medical

  $68,464,632

  Retail

  $102,959,608

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7715

Longitude

-104.992

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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