420 Federal BlvdDenver, CO 80219

Property Details for 420 Federal Blvd

Year built

1959

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

6,000 SF

Zone code

E-MX-3

Property type

Office properties

Property subtype

Office buildings

APN

05171-09-002-000

APU

517109002000

Description

This exceptional 5,850 square foot retail and office property, located at 420 S Federal Blvd in Denver, Colorado, presents a compelling owner-user investment opportunity. Boasting a prime location near the intersection of S Federal Blvd and Alameda Ave, this property benefits from exceptional visibility and high traffic counts exceeding 40,000 vehicles per day. Currently vacant, the building offers flexibility for a single tenant or can be easily divided into multiple units, catering to diverse business needs. The 1959-built structure sits on a 6,250 square foot lot and includes approximately 15 dedicated parking spaces, along with a convenient drive-in door at the rear. The E-MX-3 zoning permits a wide range of uses, making it ideal for retail operators seeking to establish a presence in a thriving commercial area. The property features a below-grade loading dock (8x8) and an estimated 400 amp, 115V-220V, 1-phase power supply. The asking price is $900,000, translating to $153.85 per square foot. This represents a significant opportunity to acquire a well-situated, versatile commercial property in a high-demand Denver location with easy access to major transportation arteries, including S Santa Fe and I-25. The strong trade area and favorable demographics further enhance the investment potential of this property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,287,515

  6.5%

  $1,188,475

  7%

  $1,103,584

• Comparable approach

  Method

  Valuation

  Relative Method

  $495,720

  Geo Method

  $495,720

• Alternative Use

  Use

  Valuation

  Residential

  $1,473,709

  Hospitality

  $1,349,910

  Educational

  $1,123,109

  Medical

  $1,161,734

  Retail

  $1,747,058

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7089

Longitude

-105.025

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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