LoHi Mixed-Use Redevelopment
For Sale
Contact for pricing
3700 Navajo St, Denver, CO 80211
Prime corner lot in LoHi with redevelopment potential.
Property Size4,351 SF
Lot Size0.14 Acres
Price / SF$344.75
Days on Market242
Property Features for 3700 Navajo St
General Information
Standard status
Active
Size
4,351 SF
Lot size
0.14 Acres
Property subtype
Retail, Office, Mixed Use
Zoning
U-MX-3
Building Details
Stories
3
Listing Agency:
Billy Halax Real Estate
Listed By:
Billy Halax · License #CO 228091
Source:
Crexi
Added: Feb 7
Changed: Sep 13
Last Checked: Oct 5 at 6:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Billy Halax Real Estate
Investment Insights
Based on property information with market context.
This property presents an exceptional development opportunity in the heart of LoHi/Highlands. Situated on a highly visible, south-facing corner lot at 3700 Navajo Street, it offers strong redevelopment potential in one of North Denver’s most desirable neighborhoods. The property includes an existing 4,351 sq ft building on a 6,051 sq ft lot. Zoned U-MX-3, the site allows for mixed-use or residential development up to 3 stories / 45 feet with no parking minimums. Permitted uses include multi-unit residential, live/work, office, retail, restaurant, and mixed-use configurations. The location provides excellent street exposure, walkability, and proximity to downtown Denver, Highlands Square, and major transportation corridors. This is a rare opportunity to secure a prominent corner parcel in a high-demand infill location.
Key Highlights
- Prime LoHi/Highlands location with high visibility on a south‑facing corner lot.
- U‑MX‑3 zoning allows for flexible mixed‑use or residential development up to 3 stories / 45 feet.
- No parking minimums, reducing development costs and increasing design flexibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,751
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,020
$1.3M
Cap Rate 7%
$910,729
$910.7K
Cap Rate 9%
$708,344
$708.3K
Market Conditions
NOI Build-Up for 4,351 SF
Gross rent
$114.9K $26.40/SF
− Vacancy
−$29.9K −$6.86/SF
EGI
$85.0K $19.54/SF
− OpEx
−$21.3K −$4.88/SF
NOI
$63.8K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,020
Cap Rate 7%
$910,729
Cap Rate 9%
$708,344
Alternative Uses
Best Use
Office B
$910.7K
$796.9K – $1.06M
NOI $63,751 @ 7.0% cap · market cap 4.25%
Second Best
Mixed Use
$875.5K
$766.1K – $1.02M
NOI $61,284 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $96,956 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,596
Businesses Nearby
Explore this area
Business Placement
Demographics for 80211, CO
37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Denver, CO
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Prime corner lot in LoHi with redevelopment potential.
Where is this mixed-use property located?
The property is located at 3700 Navajo St Denver, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime LoHi/Highlands location with high visibility on a south‑facing corner lot.; U‑MX‑3 zoning allows for flexible mixed‑use or residential development up to 3 stories / 45 feet.; No parking minimums, reducing development costs and increasing design flexibility.
