Property profile

2525 64Th Ave Denver, CO 80221

OFF-MARKET
Warehouses
17,839 SF 5.54 ac lot Built 1965
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Property summary

AI-generated overview

This exceptional 17,839-square-foot industrial property, located at 2525 W 64th Ave in Denver, Colorado, presents a compelling value-add investment opportunity. The property consists of three buildings, totaling 17,839 square feet, on a 5.54-acre lot, and features a desirable flex/warehouse configuration. Built in 1965 and renovated in 2017, the property boasts 18-foot ceilings, 10 drive-in doors, and three drive-through bays, enhancing operational efficiency. The property is currently 100% occupied with rent bumps available. Ample parking is provided at a ratio of 2.1 spaces per 1,000 square feet. Additional features include existing outdoor storage, clear span warehouse space, above-ground diesel tanks in the yard, vehicle maintenance pits, wash pits, radiant heat in the warehouse, employee showers and lockers, and a slicer tent. The property is zoned PUD and benefits from its central Denver location, providing easy access to major highways including I-25, I-70, I-76, and Hwy 36. Its proximity to downtown Denver (approximately 10 minutes away) offers access to a large workforce, public transportation, and numerous retail amenities. The property's location in unincorporated Adams County provides the added benefit of low sales tax rates. This property is a rare combination of functionality, location, and potential, making it an ideal investment for discerning buyers. The asking price is $9,500,000.

Property profile

Verified
Property type Warehouses
Year built 1965
Total area 17,839 SF
Lot 5.54 ac (241,322 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor

Location

2525 64Th Ave Denver, CO 80221
Denver metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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