8221 96Th AveHenderson, CO 80640

Property Details for 8221 96Th Ave

Year built

1959

Lot size

6.54 AC

Property size (Sq ft)

110,000 SF

Property type

Manufacturing properties

APN

1721-16-0-05-007

APU

172116005007

Description

This exceptional industrial warehouse property, located at 8221 E 96th Avenue in Henderson, Colorado, offers 105,000 square feet of immediately available space within a larger 261,360 square foot facility. The property is situated on a 6-acre lot in Adams County, boasting a heavy industrial I-3 zoning designation, perfect for a variety of uses, including substantial outside storage. The site is fully fenced and gated, ensuring security. Its strategic location along the rapidly developing I-76 corridor provides easy access to major transportation routes, including direct access to I-76 via 96th Avenue. This prime location places the property minutes from Downtown Denver and numerous key thoroughfares, within the Central Submarket. The surrounding area is a well-established industrial hub experiencing ongoing growth and development, making this an ideal investment opportunity. The minimum divisible space is 40,000 square feet, offering flexibility for various business needs. The property's address is 8221 E 96th Ave, Henderson, CO 80640. This is a multi-tenant property.

• CAP approach

  CAP return

  Valuation

  6%

  $57,733,300

  6.5%

  $53,292,300

  7%

  $49,485,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $46,215,500

  Geo Method

  $14,541,100

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $27,492,200

  Mixed-Use / Specialty

  $27,523,500

  Hospitality / Lodging

  $20,361,500

  Office

  $27,494,700

  Institutional / Educational

  $28,659,600

  Residential Income

  $33,531,700

  Multifamily

  $39,499,000

  Automotive / Energy

  $24,565,400

  Parking / Income-Based Land

  $8,349,410

  Restaurant / Food Service

  $14,591,300

  Healthcare / Senior Housing

  $28,092,200

Location Insight

City

Henderson

County

Adams

State

Colorado

Latitude

39.8721

Longitude

-104.892

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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