61st Ave & Tower Rd Denver, CO 80249
- Retail properties
- 0.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 61st Ave & Tower Rd
- Lot size
- 0.33 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional development site, located at the intersection of 61st Avenue and Tower Road in Denver, Colorado (zip code 80249), presents a unique investment opportunity. The property encompasses between 0.33 and 2.82 acres of land, offering a flexible development footprint. The land is priced at $20 per square foot. This location boasts significant advantages, including proximity to over 4,000 hotel rooms within walking distance along Tower Road, ensuring a substantial customer base. The site is also home to the Panasonic Enterprise Solutions North America Headquarters and the newly operational Pena Station Rail Stop, providing excellent visibility and accessibility. Further enhancing the area's appeal is the recent purchase of 113 acres on nearby 64th Avenue by United Airlines for a new training center slated for completion in 2024. This development promises to further increase foot traffic and property value in the coming years. The property is ideally suited for a variety of commercial uses, including in-line retail spaces, full-service restaurants, and a gas station, all of which are available for lease or purchase. This is a rare chance to acquire a strategically located parcel in a rapidly growing area of Denver. The site's combination of high visibility, convenient access, and proximity to major employers and amenities makes it an exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.772
- Latitude
- 39.8073
