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    5107 Emerson St Denver, CO 80216

    Sponsored
    For Sale
    $4,995,000

    Large lot, prime location, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 48,445 square foot development lot presents a unique investment opportunity in Denver, Colorado. Situated at 5107-5135 Emerson Street, this property boasts a prime location on the border of Globeville and Elyria-Swansea neighborhoods, benefiting from significant ongoing investment and development in the area. The recent completion of the 51st Avenue Bridge enhances connectivity, linking the property to the Stock Show Complex. Further enhancing its appeal, the property sits directly across from the soon-to-open 14-acre Carpio Sanguinette Park, a key component of the city's plan to revitalize the neighborhood. Zoned G-RX-5, this lot allows for the construction of up to seven stories, potentially including affordable housing options. Its location within a Qualified Census Tract (QCT) and adjacent to a Denver Development Authority (DDA) area, coupled with its prominent corner location, adds significant value. The property comprises five separate parcels, offering flexibility for individual sale or development as a cohesive whole. The asking price is $4,995,000. This is a rare chance to capitalize on the transformative growth of this dynamic Denver neighborhood.

    Property Features for 5107 Emerson St

    General Information

    Property type
    Land

    HighLights

    • Located in a Qualified Census Tract (QCT) and designated Denver Opportunity Zone (DOZ).
    • Adjacent to the National Western Center development.
    • Hard corner location.
    • 7‑story development potential with affordable housing.
    • Across from Carpio Sanguinette Park.
    • Five separate parcels available for individual sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Nail Salon Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.976294
    Latitude
    39.789146

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    FAQs

    What type of property is this?
    Land - Large lot, prime location, high potential.
    Where is this land located?
    The property is located at 5107 Emerson St Denver, CO.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: Located in a Qualified Census Tract (QCT) and designated Denver Opportunity Zone (DOZ).; Adjacent to the National Western Center development.; Hard corner location.
    Request Owner's contact information
    5107 Emerson St Denver, CO 80216
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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
    5107 Emerson St Denver, CO 80216
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