97 Colorado Blvd Denver, CO 80206
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 97 Colorado Blvd
- Property type
- Commercial real estate
Description
This exceptional 20,245 square-foot land parcel is situated at the southwest corner of 1st Avenue and Colorado Boulevard in Denver, Colorado, zip code 80206. Located within the vibrant Cherry Creek neighborhood, this property presents a unique opportunity for development. The site is zoned G-RO-5 and is subject to a development agreement and covenants. These agreements allow for the construction of both residential and commercial buildings. The permitted development plans outline maximum building sizes ranging from 32,500 to 57,500 square feet, with the potential for up to 64 units. The surrounding area boasts a thriving community with over 4,889 households, more than 1,100 businesses, and over 1.8 million square feet of existing office space. This prime location offers unparalleled access to the amenities and vibrancy of Cherry Creek. The property's size and zoning provide significant flexibility for developers seeking to create a high-impact project within this desirable Denver location. This is a rare opportunity to capitalize on the growth and demand within Cherry Creek Gateway. Further details regarding the development agreement and covenants are available upon request.
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
- -104.94077068428
- Latitude
- 39.717633816487
