4100 Mexico AveDenver, CO 80222

  • Retail properties
  • 23,118 SF
For Lease

Property Details for 4100 Mexico Ave

Year built
1993
Construction
STEEL FRAME
Lot size
1.40 AC
Property size (Sq ft)
23,118 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Other retail properties
APN
06193-00-187-000
APU
619300187000

Description

This exceptional commercial land parcel presents a unique ground lease opportunity at the northeast corner of Colorado Boulevard and I-25 in Denver, Colorado. Boasting a high-traffic location with 69,599 vehicles daily on Colorado Boulevard and over 223,000 vehicles daily on I-25, this site benefits from exceptional visibility and accessibility at one of Denver's busiest interchanges. The property offers an excellent co-tenancy situation, situated alongside established businesses such as Best Buy, Ross, DSW, Petco, and a thriving Mexican restaurant. All necessary pad infrastructure is already in place, extending to the building footprint, simplifying development. The site allows for the construction of a single-story structure up to 6,500 square feet. A wide range of retail uses are approved, including restaurants (with drive-thru options), gas stations/convenience stores, general retail establishments, automotive businesses, and banks. This is an unparalleled opportunity to establish a thriving business in a high-demand, densely populated area with significant daily traffic volume. The site's strategic location and existing infrastructure make it an ideal investment for a variety of retail concepts. The 0-acre parcel is designated for single tenancy. Denver County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,292,368
    6.5%
    $6,731,416
    7%
    $6,250,601
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,813,223
    Geo Method
    $4,813,223
  • Alternative Use

    Use
    Valuation
    Residential
    $5,678,202
    Hospitality
    $5,201,202
    Educational
    $4,327,339
    Medical
    $4,476,163
    Retail
    $6,731,416
4100 Mexico Ave, Denver, Colorado

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.6842
Longitude
-104.94
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$170,802
$1,009,390
$1,194,900
$2,204,290
-
$3,647,900
$4,282,800
$7,930,700

FAQs

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