Property profile

4950 62Nd Ave Commerce City, CO 80022

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial and industrial land parcel presents a unique investment opportunity in Commerce City, Colorado. Situated at the intersection of US-85 and E. 62nd Ave., this property boasts unparalleled visibility and accessibility. The site is conveniently located just one mile north of Highway 270, ensuring easy access to major transportation arteries. The property is part of a King Soopers-anchored center, benefiting from the significant traffic generated by this major grocery store and other national tenants. This strategic location is further enhanced by its proximity to the Mile High Greyhound Park Redevelopment project. This large-scale development encompasses 65 acres and includes plans for approximately 780 new multifamily units, along with single-family homes, institutional/educational facilities, and additional commercial properties. The ongoing development promises increased population density and heightened commercial activity in the immediate vicinity, creating a strong foundation for future growth and appreciation. The land itself is between zero and one acre, offering a flexible canvas for a variety of development possibilities. The single-tenant nature of the current configuration provides a streamlined approach to development and management. This property is located in Adams County.

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

4950 62Nd Ave Commerce City, CO 80022
Commerce City 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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