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    2699 10Th Ave Denver, CO 80204

    Sponsored
    For Sale
    Contact for pricing

    Two prime Denver land parcels, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to acquire two adjacent land parcels ideally situated for townhome development in Denver's vibrant Sun Valley neighborhood. These sites, totaling approximately 0.23 acres, are being offered as a package or individually. Located within a designated Opportunity Zone, this presents significant tax advantages for investors. Both parcels will be delivered "pad ready," minimizing upfront development costs and expediting construction. Block 1 encompasses roughly 20,972 square feet, perfectly suited for townhome construction. The property benefits from convenient access to the Decatur-Federal Light Rail Station, enhancing its appeal and accessibility. Development must adhere to design guidelines, currently in draft form, ensuring a cohesive and attractive community. This is a rare chance to capitalize on the revitalization of Sun Valley and the substantial benefits of an Opportunity Zone investment. The properties are zoned for industrial use, offering flexibility for development. The precise addresses are 2699 W 10th Ave and 2622 W 11th Ave, Denver, CO 80204.

    Property Features for 2699 10Th Ave

    General Information

    Property type
    Land
    Lot Size
    10,019 SF

    HighLights

    • Sun Valley Opportunity Zone location.
    • Capital gains tax advantages available via Opportunity Zone investment.
    • Two townhome development sites in Sun Valley's redevelopment area are available.
    • Blocks 1 and 3 offered individually or as a package.
    • Sites delivered pad‑ready.
    • Block 1: ~20,972 square feet, pad‑ready.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm 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
    -105.021051
    Latitude
    39.7329822

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    FAQs

    What type of property is this?
    Land - Two prime Denver land parcels, ready for development.
    Where is this land located?
    The property is located at 2699 10Th Ave Denver, CO.
    What are key features of this property?
    This property features: Sun Valley Opportunity Zone location.; Capital gains tax advantages available via Opportunity Zone investment.; Two townhome development sites in Sun Valley's redevelopment area are available.
    (303) 534-5005
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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
    2699 10Th Ave Denver, CO 80204
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