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    5000 Tower Rd Denver, CO 80249

    For Sale
    $5,000,000

    Prime Denver commercial land, ideal development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.585-acre commercial land parcel, located at 5000 Tower Road in Denver, Colorado, 80249, presents a unique investment opportunity. Zoned C-MU-20 (with WVRS), this property offers significant development potential. Its strategic location within the rapidly growing Green Valley Ranch neighborhood provides immediate access to a thriving community. With approximately 36,000 residents and 11,500 housing units (80% owner-occupied), Green Valley Ranch boasts a strong average household income of $95,000. The property's walkability score of 76/100 underscores its convenient location near numerous restaurants and retail options. Adding to its appeal, the site is adjacent to a public park, recreation center, and public library, enhancing its desirability and potential for various commercial ventures. The property's proximity to Denver International Airport (a 14-minute drive) further enhances its logistical advantages. The asking price for this remarkable 156,164 square foot (approximate) land parcel is $5,000,000. This presents a compelling opportunity for developers seeking a prime location in a flourishing Denver neighborhood.

    Property Features for 5000 Tower Rd

    General Information

    Property type
    Land
    Lot Size
    156,163 SF

    HighLights

    • $5,000,000 asking price.
    • 3.585‑acre commercial land parcel.
    • C‑MU‑20 zoning (with WVRS).
    • Excellent location adjacent to a park, recreation center, and public library.
    • High walkability score (76/100) with numerous nearby restaurants and retail options.
    • 14‑minute drive to Denver International Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.7708339
    Latitude
    39.787828

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    FAQs

    What type of property is this?
    Land - Prime Denver commercial land, ideal development opportunity.
    Where is this land located?
    The property is located at 5000 Tower Rd Denver, CO.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: $5,000,000 asking price.; 3.585-acre commercial land parcel.; C-MU-20 zoning (with WVRS).
    (303) 534-5005
    Request Owner's contact information
    5000 Tower Rd Denver, CO 80249
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    Denver, CO 80249
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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
    5000 Tower Rd Denver, CO 80249
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