625 Santa Fe DrDenver, CO 80204

  • Retail space
  • 0.06 AC

Property Details for 625 Santa Fe Dr

Year built
2021
Construction
CONCRETE
Lot size
0.06 AC
Zone code
CMS
Property type
Retail space
APN
05044-22-059-000
APU
504422059000

Description

This exceptional 10,089 square foot retail property, located at 625-647 Santa Fe Drive in Denver, Colorado, presents a unique investment opportunity. Built in 2023, this single-story building offers five individual suites, perfect for a variety of retail uses, including restaurants, storefronts, and bars. The flexible space allows for multiple tenancy options, with suite sizes ranging from a minimum of 1,335 square feet to a maximum of 2,952 square feet. The property is zoned C-MS--5, providing versatility for potential tenants. The address is 625 Santa Fe Dr, Denver, CO 80204, with the APN number 5044-22-057 in Denver County. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving commercial environment. The building's modern construction ensures efficient and attractive spaces for tenants. With its convenient location and adaptable floor plans, this property is poised for immediate occupancy and long-term success. The property's single-story design provides easy access and navigation for both customers and employees. This is a rare opportunity to secure a well-located, newly constructed retail space in a vibrant Denver neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $771,884
    6.5%
    $712,509
    7%
    $661,615
  • Comparable approach

    Method
    Valuation
    Relative Method
    $509,471
    Geo Method
    $509,471
  • Alternative Use

    Use
    Valuation
    Residential
    $601,028
    Hospitality
    $550,538
    Educational
    $458,041
    Medical
    $473,794
    Retail
    $712,509

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7265
Longitude
-104.999
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
$58,818
$111,100
$647,980
$759,080
-
$428,200
$2,322,500
$2,750,700

FAQs

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