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    1454 Tamarac St Denver, CO 80220

    Sponsored
    For Sale
    $605,000

    Prime Denver location, redevelopment potential.

    Property size:
    2,774 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 6,100 square foot lot, located at 1454 Tamarac St, Denver, CO 80220, presents a compelling redevelopment opportunity. The property, currently featuring a 2,774 square foot, single-story building constructed in 1957, sits on a 6,100 square foot lot and is zoned E-MS-5, permitting mixed-use developments of 2 to 5 stories. Its previous use as a veterinary clinic showcases the building's solid brick/block construction, suitable for various renovations. The property boasts exceptional visibility and high foot traffic due to its proximity (100 feet) to Colfax Avenue, a major arterial with an average annual daily traffic count of 23,000 vehicles. The E-MS-5 zoning allows for diverse uses, including retail, office, mixed-use, health and wellness facilities, or educational centers. The asking price is $605,000, translating to $218.10 per square foot. The property is available for occupancy on December 8, 2024. This location offers significant potential for growth and return on investment, making it an attractive proposition for developers and investors seeking a prime Denver location. The high traffic count and flexible zoning create a unique opportunity to capitalize on the area's potential for mixed-use development.

    Property Features for 1454 Tamarac St

    General Information

    Property type
    Medical offices
    Square Feet
    2,774 SF

    Building Details

    Year Built
    1957
    Buildings
    1
    Stories
    1

    HighLights

    • 6,100 SF lot with 2,774 SF existing building at 1454 Tamarac St, Denver, CO 80220.
    • E‑MS‑5 zoning allows mixed‑use development (2‑5 stories).
    • High visibility & foot traffic due to proximity to Colfax Ave (23,000 AADT).
    • Asking price: $605,000 ($218.10/SF).
    • Available December 8, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.89512354953
    Latitude
    39.739717714576

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    FAQs

    What type of property is this?
    Medical office - Prime Denver location, redevelopment potential.
    Where is this medical office located?
    The property is located at 1454 Tamarac St Denver, CO.
    What is the asking price?
    The asking price for this property is $605,000.
    What are key features of this property?
    This property features: 6,100 SF lot with 2,774 SF existing building at 1454 Tamarac St, Denver, CO 80220.; E-MS-5 zoning allows mixed-use development (2-5 stories).; High visibility & foot traffic due to proximity to Colfax Ave (23,000 AADT).
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    Denver, CO 80220
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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
    1454 Tamarac St Denver, CO 80220
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