This exceptional 17,839-square-foot industrial property, located at 2525 W 64th Ave in Denver, Colorado, presents a compelling value-add investment opportunity. The property consists of three buildings, totaling 17,839 square feet, on a 5.54-acre lot, and features a desirable flex/warehouse configuration. Built in 1965 and renovated in 2017, the property boasts 18-foot ceilings, 10 drive-in doors, and three drive-through bays, enhancing operational efficiency. The property is currently 100% occupied with rent bumps available. Ample parking is provided at a ratio of 2.1 spaces per 1,000 square feet. Additional features include existing outdoor storage, clear span warehouse space, above-ground diesel tanks in the yard, vehicle maintenance pits, wash pits, radiant heat in the warehouse, employee showers and lockers, and a slicer tent. The property is zoned PUD and benefits from its central Denver location, providing easy access to major highways including I-25, I-70, I-76, and Hwy 36. Its proximity to downtown Denver (approximately 10 minutes away) offers access to a large workforce, public transportation, and numerous retail amenities. The property's location in unincorporated Adams County provides the added benefit of low sales tax rates. This property is a rare combination of functionality, location, and potential, making it an ideal investment for discerning buyers. The asking price is $9,500,000.
Distribution property - 17,839 SF Flex Warehouse, Value-Add Opportunity
Where is this distribution property located?
The property is located at 2525 64Th Ave Denver, CO.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Outdoor storage area.; Clear-span warehouse.; Ten drive-in doors.
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2525 64Th Ave Denver, CO 80221
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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.
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2525 64Th Ave Denver, CO 80221
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2525 64Th Ave, Denver, CO
Michael Harpole
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Michael Harpole
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2525 64Th Ave, Denver, CO
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2525 64Th Ave, Denver, CO
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