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    3011 49Th Ave Denver, CO 80221

    For Sale
    $950,000

    Denver land, 12,500 sq ft, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 12,500 square foot land parcel presents a unique investment opportunity in Denver's highly sought-after Regis neighborhood. Located at 3011 W 49th Ave, Denver, CO 80221, this property boasts a prime location just one block from Regis University, catering to the significant demand for student and entry-level housing within the Denver metro area. Previously approved plans for a 12-unit townhome development are included in the sale, providing a streamlined path to project commencement. While these plans have expired, the City of Denver's approval process is anticipated to be expedited due to prior approvals. All construction and architectural plans are readily available, minimizing development hurdles. The property's strategic location offers easy access to major transportation arteries, including I-70 and I-76, enhancing its appeal. Furthermore, its proximity to multiple parks adds to its desirability. This is a rare chance to capitalize on the robust housing market and the area's strong growth trajectory. The asking price for this exceptional property is $950,000.

    Property Features for 3011 49Th Ave

    General Information

    Property type
    Land

    HighLights

    • Regis neighborhood prime location.
    • One block from Regis University.
    • Approved plans for 12 townhomes; construction/architectural plans included.
    • High‑growth area with strong demand.
    • Easy I‑70 and I‑76 access.
    • Multiple parks within walking distance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -105.0259488
    Latitude
    39.7859156

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    FAQs

    What type of property is this?
    Land - Denver land, 12,500 sq ft, prime location.
    Where is this land located?
    The property is located at 3011 49Th Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Regis neighborhood prime location.; One block from Regis University.; Approved plans for 12 townhomes; construction/architectural plans included.
    (303) 407-9784
    Request Owner's contact information
    3011 49Th Ave Denver, CO 80221
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    Denver, CO 80221
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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
    3011 49Th Ave Denver, CO 80221
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