1930 Federal BlvdDenver, CO 80219

  • Healthcare properties
  • 5,126 SF
For Sale
$750,000 View listing

Property Details for 1930 Federal Blvd

Year built
1979
Construction
WOOD
Lot size
0.17 AC
Property size (Sq ft)
5,126 SF
Zone code
S-MX-3
Property type
Healthcare properties
Property subtype
Medical offices
APN
05291-04-025-000
APU
529104025000

Description

This 5,126 square foot medical office building, located at 1930 S Federal Blvd in Denver, CO 80219, is available for $750,000. Built in 1979 and renovated in 2020, the property sits on a 7,290 square foot lot and offers a full dental/medical build-out, perfect for an owner-user. The space includes thirteen surgical bays, one lab, one sterilization room, one X-ray room, three private offices (with room for expansion), a break room, a vacuum/compressor closet, and five bathrooms. Currently vacant, this property presents a turnkey opportunity for a medical practice. Its convenient location near the intersection of S. Federal Blvd and W. Jewell Ave ensures excellent accessibility. The asking price of $750,000 translates to $146.31 per square foot. This is an exceptional investment for a medical professional seeking a well-equipped, move-in ready space. The property's recent renovations and comprehensive layout make it an attractive option for immediate occupancy and efficient operation. The ample square footage and numerous specialized rooms provide flexibility for a variety of medical practices. Don't miss this chance to acquire a prime medical office building in a desirable Denver location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,099,967
    6.5%
    $1,015,354
    7%
    $942,829
  • Comparable approach

    Method
    Valuation
    Relative Method
    $423,510
    Geo Method
    $423,510
  • Alternative Use

    Use
    Valuation
    Residential
    $1,259,039
    Hospitality
    $1,153,273
    Educational
    $959,510
    Medical
    $992,508
    Retail
    $1,492,570
1930 Federal Blvd, Denver, Colorado

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.6817
Longitude
-105.024
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
$20,607
$20,120
$245,830
$265,950
-
$102,100
$881,100
$983,200

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