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    97 Colorado Blvd Denver, CO 80206

    Sponsored
    For Sale
    Contact for pricing

    Prime Denver land, residential & commercial potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20,245 square-foot land parcel is situated at the southwest corner of 1st Avenue and Colorado Boulevard in Denver, Colorado, zip code 80206. Located within the vibrant Cherry Creek neighborhood, this property presents a unique opportunity for development. The site is zoned G-RO-5 and is subject to a development agreement and covenants. These agreements allow for the construction of both residential and commercial buildings. The permitted development plans outline maximum building sizes ranging from 32,500 to 57,500 square feet, with the potential for up to 64 units. The surrounding area boasts a thriving community with over 4,889 households, more than 1,100 businesses, and over 1.8 million square feet of existing office space. This prime location offers unparalleled access to the amenities and vibrancy of Cherry Creek. The property's size and zoning provide significant flexibility for developers seeking to create a high-impact project within this desirable Denver location. This is a rare opportunity to capitalize on the growth and demand within Cherry Creek Gateway. Further details regarding the development agreement and covenants are available upon request.

    Property Features for 97 Colorado Blvd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Realty agency Food Market Clothing Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.94077068428
    Latitude
    39.717633816487

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    FAQs

    What type of property is this?
    Land - Prime Denver land, residential & commercial potential.
    Where is this land located?
    The property is located at 97 Colorado Blvd Denver, CO.
    (303) 597-6500
    Request Owner's contact information
    97 Colorado Blvd Denver, CO 80206
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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
    97 Colorado Blvd Denver, CO 80206
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