2015 Pontiac WayDenver, CO 80224

Property Details for 2015 Pontiac Way

Year built

1982

Construction

STEEL FRAME

Lot size

0.95 AC

Property size (Sq ft)

19,373 SF

Zone code

S-CC-3X

Property type

Office properties

Property subtype

Office buildings

APN

06291-00-112-000

APU

629100112000

Description

This exceptional 17,823-square-foot, two-story office building presents a unique opportunity for an owner-user or investor. Located at 2015 S. Pontiac Way, Denver, CO 80224, this Class B property boasts a prime corner location near the E. Evans Avenue corridor in a high-density neighborhood. Built in 1982 and extensively renovated in 2016, the building features abundant natural light from its many windows and spacious rooms suitable for various uses, including training facilities. The single-tenant, fully occupied building sits on a 41,451-square-foot lot and offers ample parking. Its convenient location provides easy access to E. Evans Avenue and major thoroughfares such as Monaco Street, Quebec Street, Leetsdale Parkway, and Parker Road. The property is zoned S-CC-3X in Denver County and is ideal for a business seeking a well-maintained, modern workspace or an investor looking for a stable, occupied asset. The building's excellent condition and desirable location make it a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,636,232

  6.5%

  $3,356,522

  7%

  $3,116,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,800,374

  Geo Method

  $1,600,597

• Alternative Use

  Use

  Valuation

  Residential

  $4,162,086

  Hospitality

  $3,812,449

  Educational

  $3,171,913

  Medical

  $3,281,000

  Retail

  $4,934,086

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.6793

Longitude

-104.907

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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