1520 Filbert CtDenver, CO 80220

Property Details for 1520 Filbert Ct

Year built

1946

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

5,495 SF

Zone code

U-MS-3

Property type

Warehouses

APN

01314-32-011-000

APU

131432011000

Description

This exceptional 5,495-square-foot warehouse at 1520 Filbert Court in Denver, Colorado, presents a unique investment opportunity. Built in 1946, this classic brick building boasts a distinctive barrel roof and offers fantastic adaptive reuse potential. The spacious, open floor plan allows for a highly customizable layout to suit a variety of commercial needs. The property sits on a 0.15-acre lot and is zoned U-MS-3, providing significant flexibility for future uses. Its prime location offers exceptional visibility from Colfax Avenue, with approximately 27,000 vehicles passing daily. The area boasts strong demographics, with an average household income exceeding $152,883 within a one-mile radius. The warehouse features twelve 12-foot loading doors providing convenient two-way access, and a pre-installed grease trap. Ample natural light floods the interior. Enjoy convenient access to a range of amenities, including restaurants, Marczyk's grocery store, and cafes on Colfax Avenue, as well as recreational opportunities at City Park and the Denver Museum of Nature & Science. The asking price is $1,495,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,469,390

  6.5%

  $2,279,440

  7%

  $2,116,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,327,200

  Geo Method

  $726,395

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,169,860

  Mixed-Use / Specialty

  $1,166,450

  Hospitality / Lodging

  $856,786

  Office

  $1,160,320

  Institutional / Educational

  $1,212,910

  Residential Income

  $1,419,110

  Multifamily

  $1,697,760

  Automotive / Energy

  $1,039,640

  Parking / Income-Based Land

  $358,011

  Restaurant / Food Service

  $608,316

  Healthcare / Senior Housing

  $1,195,390

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7406

Longitude

-104.927

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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