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    15535 E 40Th Ave Denver, CO 80239

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    For Sale
    $875,000

    Land parcel for residential or commercial development with included plans.

    Lot size:
    0.84 Acres

    Property Features for 15535 E 40Th Ave

    General Information

    Lot size
    0.84 Acres

    Source: Antonoff & Co. Brokerage Inc. Agent Jeffrey Hirschfeld

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

    Overview

    Land Parcel for Development

    This irregular rectangular parcel is available for residential or commercial development. The purchase includes preliminary plans for the construction of Gateway Flats, a proposed 32-unit, 4-floor residential project. The property is currently zoned Gateway Airport Gateway Park Zone District. It is an in-fill play adjacent to an established KFC. The seller has designed and paid for proposed architectural plans that are included in the sales price. The property is surrounded by existing dense retail, industrial, commercial, hospitality, and residential properties, including multi-tenant and single-family homes. It is located 10 minutes from Denver International Airport. The Gateway trade area is experiencing explosive growth driven by 24/7 traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness 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
    -104.8068857
    Latitude
    39.7735355

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    FAQs

    What type of property is this?
    Land - Land parcel for residential or commercial development with included plans.
    Where is this land located?
    The property is located at 15535 E 40Th Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Includes preliminary architectural plans for a 32-unit residential project (Gateway Flats).; - Zoned Gateway Airport Gateway Park Zone District, suitable for residential or commercial development.; - Priced competitively.
    (303) 454-5425
    Request Owner's contact information
    15535 E 40Th Ave Denver, CO 80239
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    Denver, CO 80239
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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
    15535 E 40Th Ave Denver, CO 80239
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