1301-1351 38Th Ave Denver, CO 80211
Prospect Plaza, located at 1301-1351 W. 38th Avenue in Denver, Colorado 80211, offers a unique retail investment opportunity. This 16,286 square foot neighborhood center, built in 1987, sits on a 1.32-acre lot and is zoned B-4. The property features 48 total parking spaces and offers multiple tenancy options, with a minimum divisible space of 990 square feet and a maximum contiguous space of 1,742 square feet. Currently, 2,732 square feet of space is vacant, including a prime end-cap space facing W. 38th Avenue, approximately 4,000 square feet, and a smaller vacancy of 1,732 square feet. This established center is surrounded by a vibrant community and is conveniently located near the Denver business district, providing excellent access to a diverse customer base in the LoHi and Sunnyside neighborhoods. Opportunities to acquire retail space in this area are rare. The property's location and existing infrastructure make it an ideal investment for businesses seeking high visibility and strong foot traffic.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.