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Property profile

1763-1795 Central St Denver, CO 80211

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 11,250 square foot commercial land parcel, located at 1763-1795 Central Street in Denver, Colorado (zip code 80211), presents a unique investment opportunity. Zoned C-MX-5, this property boasts a prominent location on Central Street, enjoying high visibility and exposure to over 200,000 vehicles daily. The lot dimensions are 55' x 125', offering significant redevelopment potential. Currently improved with two stucco buildings featuring composition tile roofs, totaling 5,414 gross building area (GBA) and eleven parking spaces. The existing structures are on a month-to-month tenancy after 2024, offering a NNN covered development opportunity. This premier LoHi location overlooks Downtown Denver and benefits from high foot traffic due to the area's density and proximity to the Central Business District. The site is considered the last remaining developable parcel on this coveted street, making it ideally suited for a variety of projects, including a 5-story hotel or apartment complex. The asking price is $3,350,000, translating to $297.78 per square foot of land value. This is a rare chance to acquire a highly desirable commercial property in a thriving Denver neighborhood.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

1763-1795 Central St Denver, CO 80211
Denver metro
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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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