8973 Kenyon AveDenver, CO 80237

Property Details for 8973 Kenyon Ave

Year built

1981

Construction

CONCRETE

Lot size

0.41 AC

Property size (Sq ft)

13,914 SF

Zone code

S-CC-3X

Property type

Office buildings

APN

07032-01-035-000

APU

703201035000

Description

This exceptional Denver office building, located at 8973 E Kenyon Ave, offers 12,522 square feet of versatile space, perfect for an owner-user. Situated on a 0.41-acre lot in Denver County, zip code 80237, this property boasts 30 designated parking spaces. Currently vacant, it presents a unique opportunity for customization and branding. The building is ideally suited for executive, medical, or traditional office uses. Its strategic location provides convenient access to major transportation arteries, including I-225 and I-25, and the thriving Denver Tech Center. The asking price is $1,650,000, translating to $131.77 per square foot. This represents a compelling investment opportunity in a high-demand area of Denver, Colorado. The property's size and location offer significant potential for long-term growth and profitability. Don't miss this chance to acquire a prime commercial property in a dynamic and expanding market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,136,170

  6.5%

  $2,894,920

  7%

  $2,688,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,250,600

  Geo Method

  $1,149,570

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,633,920

  Retail / Commercial

  $2,901,870

  Mixed-Use / Specialty

  $2,901,640

  Hospitality / Lodging

  $2,142,000

  Institutional / Educational

  $3,020,140

  Residential Income

  $3,533,570

  Multifamily

  $4,181,940

  Automotive / Energy

  $2,588,690

  Parking / Income-Based Land

  $883,341

  Restaurant / Food Service

  $1,530,730

  Healthcare / Senior Housing

  $2,965,210

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.65

Longitude

-104.884

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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