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    56TH Ave & Picadilly Rd Denver, CO 80249

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    For Sale
    Contact for pricing

    Prime Denver-area land, multiple uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial and residential land parcel, known as the Moffitt Parcel, presents a unique investment opportunity in Aurora, Colorado. Located at the northeast corner of 56th Avenue and Piccadilly Road, this property boasts a flexible zoning designation as Urban District (Aurora), allowing for a wide range of commercial uses. Envision a thriving restaurant, retail establishment, fast-food outlet, gas station/convenience store, or coffee shop on this strategically positioned site. The lot size ranges from 1.36 to 4.37 acres, providing ample space for development. Its exceptional location offers unparalleled accessibility, with immediate proximity to the E-470 Interchange, and convenient access to the Pena Boulevard Interchange and the A Line Rail at Pena Station. Commuting is a breeze, with an 8-minute drive to Denver International Airport, and a 20-minute drive to both Downtown Denver and the Denver Technological Center (DTC). This property's prime location and versatile zoning make it an ideal investment for developers seeking high-impact commercial development in a rapidly growing area. The address is NEC of 56th Avenue & Piccadilly Road, Aurora, CO 80249. The property is situated at latitude 39.7982976 and longitude -104.7344702.

    Property Features for 56TH Ave & Picadilly Rd

    General Information

    Property type
    Land
    Lot Size
    59,242 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.7344702
    Latitude
    39.7982976

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    FAQs

    What type of property is this?
    Land - Prime Denver-area land, multiple uses.
    Where is this land located?
    The property is located at 56TH Ave & Picadilly Rd Denver, CO.
    (303) 694-6082
    Request Owner's contact information
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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
    56TH Ave & Picadilly Rd Denver, CO 80249
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