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    Santa Fe Dr Denver, CO 80223

    For Sale
    $650,000

    Denver Commercial Property - Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This unique Denver commercial property, located on N Santa Fe Drive, presents a compelling investment opportunity. Boasting a 0.14-acre lot, this building has a rich history, having served as a commercial business for over 50 years. Originally a duplex, it's now a spacious, unified space with charming built-in features and two claw-foot tubs, showcasing its vintage character. Recent upgrades include new windows and durable vinyl flooring, making it move-in ready. The property is zoned U-MS-3, allowing for 2 to 8 units, offering significant redevelopment potential. Imagine transforming this space into a boutique residential complex, a co-working hub, or a mixed-use development. The back of the lot includes storage sheds that could be renovated. Parking is ample, with gated space for four vehicles and additional off-street parking for three more. This versatile property is ideal for developers, entrepreneurs, or investors seeking a distinctive project in Denver's vibrant Santa Fe Arts District. The property is priced at $650,000.

    Property Features for Santa Fe Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1901
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9986
    Latitude
    39.71656

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    FAQs

    What type of property is this?
    Commercial real estate - Denver Commercial Property - Huge Potential
    Where is this commercial real estate located?
    The property is located at Santa Fe Dr Denver, CO.
    What is the asking price?
    The asking price for this property is $650,000.
    (303) 350-5838
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    Santa Fe Dr Denver, CO 80223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Santa Fe Dr Denver, CO 80223
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