4120 Federal BlvdDenver, CO 80211

Property Details for 4120 Federal Blvd

Year built

1952

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

5,302 SF

Zone code

U-SU-C1

Property type

Medical offices

Property subtype

Medical centers

APN

02204-18-026-000

APU

220418026000

Description

This prime Denver, Colorado development site, located at 4120 Federal Boulevard, 80211, is offered for sale at $1,450,000. The property is zoned to allow for a variety of uses, making it an ideal investment opportunity. A 9-12 unit townhome concept plan is currently under city review. The site allows for construction up to three stories, with the possibility of a fourth story under affordable housing development guidelines. Its convenient location offers close proximity to major transportation arteries, including I-70 and 6th Avenue, providing easy access to the rest of the Denver metro area. This exceptional parcel presents a unique chance to develop a high-demand residential project in a thriving Denver neighborhood. The property is being sold by the owner. The latitude and longitude coordinates are 39.77338552, -105.02517156 respectively. This is a residential land parcel in Denver County, Colorado.

• CAP approach

  CAP return

  Valuation

  6%

  $1,266,779

  6.5%

  $1,169,335

  7%

  $1,085,811

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,392,241

  Geo Method

  $438,051

• Alternative Use

  Use

  Valuation

  Residential

  $1,449,975

  Hospitality

  $1,328,169

  Educational

  $1,105,021

  Medical

  $1,143,025

  Retail

  $1,718,922

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7734

Longitude

-105.025

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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