1390 Logan StDenver, CO 80203
- Office properties
- 47,242 SF
Property Details for 1390 Logan St
- Year built
- 1965
- Construction
- STEEL FRAME
- Lot size
- 0.43 AC
- Property size (Sq ft)
- 47,242 SF
- Zone code
- C-MX-8
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 05031-07-001-000
- APU
- 503107001000
Description
This exceptional single-tenant office building, located at 1390 Logan Street in Denver County, Colorado, offers a substantial 40,000 square feet of space. Situated on a combined lot totaling 40,638 square feet (comprising two parcels: a 28,131 square foot lot at the southwest corner of 14th Avenue and Pennsylvania Street, and a 12,507 square foot lot at the northeast corner of 14th Avenue and Logan Street), this property presents a significant opportunity. The building's strategic location provides excellent visibility and accessibility. The property is zoned C-MX-8, allowing for a variety of potential uses and development options subject to city approvals. The substantial square footage and expansive lot size make this a rare find in the Denver market. This is an ideal property for a business seeking a large, single-tenant office space with significant potential for future expansion or redevelopment. The property's size and zoning provide flexibility for a wide range of business needs. This is a prime opportunity to acquire a substantial and well-located office building in a thriving Denver neighborhood. Further due diligence is recommended to confirm all zoning and usage information.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $11,287,285
- 6.5%
- $10,419,033
- 7%
- $9,674,816
-
Comparable approach
- Method
- Valuation
- Relative Method
- $12,405,176
- Geo Method
- $3,903,134
-
Alternative Use
- Use
- Valuation
- Residential
- $12,919,601
- Hospitality
- $11,834,285
- Educational
- $9,845,986
- Medical
- $10,184,604
- Retail
- $15,315,978
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.7381
- Longitude
- -104.982
- 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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