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    3030 Welton St Denver, CO 80205

    Sponsored
    For Sale
    $495,000

    Prime 4,210 SF Commercial Lot, $495,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,210 square foot commercial lot presents a unique development opportunity in Denver's vibrant Five Points neighborhood. Located at 3030 Welton Street, this property boasts a highly desirable C-MX-5 zoning designation, offering considerable flexibility for a range of projects. The land is priced at $118 per square foot, representing a compelling investment in a rapidly appreciating area. The site enjoys prominent frontage on both Welton and Downing Streets, providing excellent visibility and accessibility. Its proximity to the 30th & Downing RTD Station further enhances its appeal. Potential development options include townhomes, a 4-9 unit multi-family building, or a boutique commercial project of approximately 18,000 square feet. The site also presents possibilities for small-format retail or supplementary/replacement parking. This is a rare chance to acquire developable land in a thriving, transit-oriented location with diverse development potential. The property is situated in Denver County, Colorado, with a zip code of 80205. This location offers easy access to a variety of amenities and is within walking distance of public transportation. Don't miss this opportunity to capitalize on the growth and potential of Five Points.

    Property Features for 3030 Welton St

    General Information

    Property type
    Land

    HighLights

    • Developable land in the Five Points neighborhood, near the 30th & Downing RTD Station.
    • Corner lot with Welton and Downing Street frontage.
    • Residential development potential for townhomes or a 4‑9 unit multifamily building.
    • Commercial development potential for a boutique project (approx. 18,000 SF), small‑format retail, or supplemental parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9735993
    Latitude
    39.7578997

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    FAQs

    What type of property is this?
    Land - Prime 4,210 SF Commercial Lot, $495,000
    Where is this land located?
    The property is located at 3030 Welton St Denver, CO.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Developable land in the Five Points neighborhood, near the 30th & Downing RTD Station.; Corner lot with Welton and Downing Street frontage.; Residential development potential for townhomes or a 4-9 unit multifamily building.
    (720) 881-7540
    Request Owner's contact information
    3030 Welton St Denver, CO 80205
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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
    3030 Welton St Denver, CO 80205
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