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    1801 Colfax Ave Denver, CO 80218

    Sponsored
    For Sale
    $2,400,000

    Prime Denver location, vacant land, build-to-suit potential.

    Property size:
    15,634 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,634 square foot commercial land parcel, located at 1801 E. Colfax Ave in Denver, Colorado, presents a unique investment opportunity. Currently vacant, this property is zoned C-MS-5 and offers significant potential for redevelopment. The asking price is $2,400,000, translating to $153.51 per square foot. The site's previous use as a carwash provides a solid foundation for various development options. The property is ideally situated on a signalized corner, ensuring high visibility and accessibility. Potential uses include retail, drive-thru establishments, office space, or even a multi-family residential building of up to 5-7 stories. Incentives may be available for affordable housing projects

    Property Features for 1801 Colfax Ave

    General Information

    Property type
    Land
    Square Feet
    15,634 SF

    HighLights

    • High‑visibility corner lot with signalized intersection.
    • Former car wash site, ideal for redevelopment.
    • Development potential includes retail, drive‑thru, office, or up to 5‑7 story multifamily (affordable housing incentives available).
    • Land lease or build‑to‑suit options considered.
    • Includes a double‑sided billboard.
    • C‑MS‑5 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ringsby Realty Corporation Real Estate Agency Alex LLC Cng Fitment Center

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -104.9655813
    Latitude
    39.7404306

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    FAQs

    What type of property is this?
    Land - Prime Denver location, vacant land, build-to-suit potential.
    Where is this land located?
    The property is located at 1801 Colfax Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: High-visibility corner lot with signalized intersection.; Former car wash site, ideal for redevelopment.; Development potential includes retail, drive-thru, office, or up to 5-7 story multifamily (affordable housing incentives available).
    Request Owner's contact information
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    Denver, CO 80218
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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
    1801 Colfax Ave Denver, CO 80218
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