6401 Federal BlvdDenver, CO 80221
- Office buildings
- 1,728 SF
Property Details for 6401 Federal Blvd
- Year built
- 1998
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 1,728 SF
- Property type
- Office buildings
- APN
- R0130777
- APU
- R0130777
Description
This exceptional 7,478 square foot auto sales and service center, situated on a 9.4-acre lot (40,959 sq ft), presents a unique investment opportunity. Built in 1998, the property features two single-story buildings totaling 7,478 square feet, currently vacant and ready for immediate occupancy. The property boasts a highly desirable C-5 zoning classification, allowing for a variety of uses. Its strategic location at the intersection of Federal Boulevard (41,679 vehicles per day) and West 64th Avenue (10,018 vehicles per day) ensures exceptional visibility and accessibility. The site benefits from a signalized intersection and is directly across from a QuikTrip development, further enhancing its appeal. Ample parking is provided with 75 spaces. Property taxes are $4.62 per square foot. The property is classified as Class C and offers a rare opportunity to acquire a well-positioned, established auto sales and service center in the Northwest submarket. The entire property is currently vacant, providing a blank canvas for a new owner or tenant to customize and operate. This is an ideal location for an established business seeking expansion or a new venture looking for a high-traffic, visible location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $412,862
- 6.5%
- $381,103
- 7%
- $353,882
-
Comparable approach
- Method
- Valuation
- Relative Method
- $453,752
- Geo Method
- $142,767
-
Alternative Use
- Use
- Valuation
- Residential
- $472,568
- Hospitality
- $432,870
- Educational
- $360,143
- Medical
- $372,529
- Retail
- $560,222
Location Insight
- City
- Denver
- County
- Adams
- State
- Colorado
- Latitude
- 39.8131
- Longitude
- -105.026
- 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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