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    1540 N Emerson St Denver, CO 80218

    For Sale
    $1,600,000

    8,231 SF facility near Colfax. Residential/office use potential.

    Property size:
    8,231 SF

    Property Features for 1540 N Emerson St

    General Information

    Size
    8,231 SF

    Source: Nick Schill Agent Nick Schill

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Denver Brick Facility for Sale

    This 8,231 square foot brick facility, situated on a 14,500 square foot lot, has undergone asbestos removal. The property is zoned G-RO-3, permitting both residential and office uses up to three stories. It features 100 feet of frontage along Emerson Street and alley access on its 145-foot deep lot. Located less than one block from Colfax Avenue, the property includes 27 on-site parking spaces. The zoning allows for residential condominium development. The property consists of two parcels. *Property must go under contract before 12/31/2023 and close before 2/28/24.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.9759455
    Latitude
    39.7409119

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    FAQs

    What type of property is this?
    Office building - 8,231 SF facility near Colfax. Residential/office use potential.
    Where is this office building located?
    The property is located at 1540 N Emerson St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 8,231 SF brick facility suitable for residential or office use.; - G-RO-3 zoning allows for residential and office uses up to three stories.; - **14,500 SF lot with 100' frontage along Emerson Street and alley access.**
    (303) 358-9337
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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
    1540 N Emerson St Denver, CO 80218
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