4850 Jackson StDenver, CO 80216

Property Details for 4850 Jackson St

Year built

1967

Construction

STEEL FRAME

Lot size

0.38 AC

Property size (Sq ft)

7,142 SF

Zone code

I-A

Property type

Warehouses

APN

02134-01-028-000

APU

213401028000

Description

This exceptional 7,200 square foot warehouse, located at 4850 Jackson Street in Denver, Colorado, presents a unique investment opportunity. Built in 1973, this Class C industrial property sits on a 0.38-acre lot and boasts a single-story building with five loading docks. The warehouse features impressive ceiling heights ranging from 14 to 22 feet, providing ample storage and operational space. The property is zoned I-A and benefits from a prime location near the intersection of I-70 and Colorado Boulevard, offering excellent accessibility and visibility. The property includes five 10'x10' drive-ins, heavy power, and air conditioning, enhancing its functionality and appeal. A fenced and paved yard provides additional secure outdoor space. The seller is offering owner financing, making this an attractive proposition for qualified buyers. Furthermore, this property is situated within an Opportunity Zone, potentially offering significant tax advantages. Note that a current lease is in place but will be terminated upon sale. This is a user sale. The asking price is $1,295,000, translating to $179.86 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $3,748,470

  6.5%

  $3,460,120

  7%

  $3,212,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,000,640

  Geo Method

  $944,115

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,784,990

  Mixed-Use / Specialty

  $1,787,030

  Hospitality / Lodging

  $1,322,020

  Office

  $1,785,160

  Institutional / Educational

  $1,860,790

  Residential Income

  $2,177,120

  Multifamily

  $2,564,570

  Automotive / Energy

  $1,594,960

  Parking / Income-Based Land

  $542,105

  Restaurant / Food Service

  $947,370

  Healthcare / Senior Housing

  $1,823,950

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7849

Longitude

-104.942

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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