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    4774 Memphis St Denver, CO 80015

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    For Sale
    Contact for pricing

    32-acre retail destination near Denver Airport with high traffic.

    Lot size:
    0.56 Acres

    Property Features for 4774 Memphis St

    General Information

    Lot size
    0.56 Acres

    Source: SullivanHayes Brokerage Corp Agent Michael Laatsch

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

    Overview

    Retail Destination Land Opportunity

    This 32-acre retail destination, known as The Flyway, is anchored by Costco and features a mix of local businesses, dining options, and community retailers. Located in Northeast Denver on Peña Boulevard, the property benefits from high visibility, attracting an estimated 22 million cars annually, with a daily traffic count of approximately 123,000 vehicles. The location is near over 3,000 hotel rooms and serves 69 million airport passengers per year. The Flyway is situated in one of Colorado's fastest-growing trade areas, with over 40,000 new residential units proposed in the vicinity, alongside established community roots. The development offers opportunities to attract local, regional, and national traffic.
    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 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
    -104.7986568
    Latitude
    39.6298616

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    FAQs

    What type of property is this?
    Commercial land - 32-acre retail destination near Denver Airport with high traffic.
    Where is this commercial land located?
    The property is located at 4774 Memphis St Denver, CO.
    What are key features of this property?
    This property features: - Anchored by Costco, attracting significant customer traffic.; - High traffic location on Peña Boulevard: 22 million cars annually.; - Part of a rapidly growing trade area with 40,000+ new residential units proposed.
    (303) 370-7470
    Request Owner's contact information
    4774 Memphis St Denver, CO 80015
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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
    4774 Memphis St Denver, CO 80015
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