775 Mariposa StDenver, CO 80204

Property Details for 775 Mariposa St

Year built

1973

Construction

WOOD

Lot size

0.43 AC

Property size (Sq ft)

4,160 SF

Zone code

I-A

Property type

Warehouses

APN

05044-18-038-000

APU

504418038000

Description

This exceptional 5,220-square-foot industrial property, located at 775 Mariposa Street in Denver's Central Business District (CBD) submarket, presents a unique opportunity. The building, constructed in 1973 and extensively renovated in 2019, offers a blend of manufacturing, flex, and warehouse space ideal for a variety of uses. The single-tenant building boasts a spacious 12,240-square-foot lot with a secure, fenced yard and electric gate, providing ample outdoor storage or operational space. Three drive-in doors facilitate efficient loading and unloading. The interior features 15'6" to 16'6" ceiling heights, providing generous vertical space. 2019 renovations included remodeled offices, a kitchen, and bathrooms complete with showers. The property benefits from a forced-air and radiant heating/cooling system, ensuring year-round comfort. The building is zoned I-1 and offers convenient access to I-25 via the full diamond interchange at 8th Avenue and Mariposa Street, placing it in close proximity to the Santa Fe Arts District and an Enterprise Zone. The property features 600 amp/240v, 3-phase power. Parking is accommodated within the yard. This property is a rare find, combining a desirable location with modern amenities and significant recent upgrades.

• CAP approach

  CAP return

  Valuation

  6%

  $2,137,050

  6.5%

  $1,972,660

  7%

  $1,831,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $787,101

  Geo Method

  $549,919

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $993,884

  Mixed-Use / Specialty

  $976,406

  Hospitality / Lodging

  $698,214

  Office

  $956,090

  Institutional / Educational

  $1,010,090

  Residential Income

  $1,181,800

  Multifamily

  $1,494,650

  Automotive / Energy

  $865,789

  Parking / Income-Based Land

  $312,542

  Restaurant / Food Service

  $478,095

  Healthcare / Senior Housing

  $1,015,580

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7285

Longitude

-105.003

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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