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Property profile & analytics

5281 Adams St Denver, CO 80216-2330

  • Warehouses
  • 2,271 SF
  • 0.15 lot acres
OFF-MARKET
Last Sale
Jan 21, 2020
$495,000
Value Estimations
$495,000
Show details
Cap Rate Potential
4.7%
Warehouses
Location Intelligence
Property ID
US13-2694070
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 5281 Adams St

Year built
1974
Construction
STEEL FRAME
Lot size
0.15 lot acres
Property size
2,271 SF
Zone code
I-A
Property type
Warehouses
APN
02131-07-016-000
APU
213107016000

Description

This exceptional Denver industrial property, located at 5281 Adams St, offers a rare opportunity for investors and businesses alike. The 2,271 square foot building, constructed in 1974, sits on a 0.29-acre lot (12,748 sq ft) and boasts I-A industrial zoning, allowing for a wide range of uses. The single-story metal and block structure features three roll-up doors (16'x14', 10'x14', and 10'x12'), heavy power (3-phase 800 Amp installed in 2016), two suspended natural gas ceiling heaters, and a 1/4 bath. The property includes a fully fenced lot with commercial gates, providing ample space for parking and outdoor storage. Benefiting from excellent access to I-70 and I-270 highways and truck routes, this location offers convenient transportation links. The property is an assemblage of three lots (5281, 5283, and 5285 Adams St), with lots 5283 and 5285 currently rented month-to-month for parking. The asking price is $1,300,000 ($572.44/sq ft). Note that this is a cash or hard money preferred sale. Buyers are responsible for verifying all aspects of the property, including square footage, zoning, and permitted uses. The property is currently used as a custom wood millwork operation, and the seller may be open to selling the business and equipment separately. A lease-back scenario may also be considered. No reports or surveys are available. The industrial environment includes noise, dust, and machinery. This property presents a unique investment opportunity in a dynamic Denver location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $500,000
    ML approach
    $475,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $390,000
    6.5%
    $360,000
    7%
    $335,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $486,000
    Market price range: $261k - $540k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Denver
County
Denver
State
Colorado
Longitude
-104.949
Latitude
39.7924
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,590
$18,300
$105,460
$123,760
-
$95,600
$378,000
$473,600
More about this property
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