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    3215-3225 E 42Nd Ave Denver, CO 80216

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    For Sale
    $6,400,000

    Licensed lab and extraction facility with existing tenants and income.

    Property size:
    33,194 SF
    Lot size:
    1.13 Acres

    Property Features for 3215-3225 E 42Nd Ave

    General Information

    Size
    33,194 SF
    Lot size
    1.13 Acres

    Source: Madison Commercial Properties Agent Pete Foster

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

    Overview

    State-of-the-Art Lab and Extraction

    This property offers a state-of-the-art lab and extraction facility for purchase, including existing tenants and new leases with income in place. The property has licenses in place for both CBD and THC products, making it a unique opportunity. It has undergone significant remodel projects to provide the necessary infrastructure and lab upgrades required for licensing. The property is in excellent condition and features an appealing aesthetic with brick accents, high ceilings, exposed beams, and a barrel roof structure. Approximately 5,000 square feet of vacant space is available for owner use or additional income. The property is 33,194 square feet.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.9495706
    Latitude
    39.7753405

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    FAQs

    What type of property is this?
    Manufacturing property - Licensed lab and extraction facility with existing tenants and income.
    Where is this manufacturing property located?
    The property is located at 3215-3225 E 42Nd Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $6,400,000.
    What are key features of this property?
    This property features: - Licenses in place for both CBD and THC products.; - Existing tenants and new leases provide immediate income.; - State-of-the-art lab and extraction facility with clean room infrastructure.
    (970) 420-1718
    Request Owner's contact information
    3215-3225 E 42Nd Ave Denver, CO 80216
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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
    3215-3225 E 42Nd Ave Denver, CO 80216
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