3958 Federal BlvdEnglewood, CO 80110

  • Retail space
  • 3,520 SF
For Sale
$900,000 View listing

Property Details for 3958 Federal Blvd

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.29 AC
Property size (Sq ft)
3,520 SF
Property type
Retail space
APN
2077-05-4-01-012
APU
207705401012

Description

This exceptional investment opportunity presents a 7,040-square-foot retail storefront located at 3958 S. Federal Blvd in Englewood, Colorado. The property, built in 1974, is a two-story, Class C building situated on a 12,500-square-foot lot and boasts 13 parking spaces. Currently 100% occupied with a tenant paying $2,875 per month (including taxes and insurance), the property offers a strong return on investment. The asking price is $900,000, translating to $127.84 per square foot. The building features a convenient drive-in door on the lower level, 10-foot ceilings, and a basement currently used for storage (potential for additional usable space with fire code upgrades). Its twin-T flex structure allows for a variety of uses, and the large lot size presents the possibility of incorporating a storage yard. The property benefits from high visibility along S. Federal Blvd, with easy access to US Hwy 285 and South Santa Fe Drive, and prominent monument signage. The permitted zoning is COM-C. This is an ideal opportunity for investors and owner-users seeking a well-located, income-producing retail property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $899,698
    6.5%
    $830,491
    7%
    $771,170
  • Comparable approach

    Method
    Valuation
    Relative Method
    $302,455
    Geo Method
    $302,455
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,658,940
    Mixed-Use / Specialty
    $811,609
    Hospitality / Lodging
    $574,722
    Office
    $790,204
    Institutional / Educational
    $838,056
    Residential Income
    $980,525
    Multifamily
    $1,264,250
    Automotive / Energy
    $718,333
    Parking / Income-Based Land
    $263,618
    Restaurant / Food Service
    $388,145
    Healthcare / Senior Housing
    $848,617

Location Insight

City
Englewood
County
Arapahoe
State
Colorado
Latitude
39.6446
Longitude
-105.025
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
2021
$10,850
-
-
$92,071
-
$187,500
$172,500
$360,000

FAQs

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