451 58Th Ave Denver, CO 80216
- Commercial real estate
- 121,666 SF
- 5.18 lot acres
Current Use by Public Records
- Kellogg Co / Cookie Shop / Dessert Shop
- ATM / Atm
- Holy Land Jewelry & Gifts / Jewelry Store / Gift Shop
- Cambridge Sales / Gift Shop
- 9th Floor Printing / Commercial Printer
Property Details for 451 58Th Ave
- Year built
- 1972
- Lot size
- 5.18 lot acres
- Property size
- 121,666 SF
- Property type
- Commercial real estate
- APN
- 1825-10-4-01-028
- APU
- 182510401028
Description
This exceptional Class A industrial property, delivered in 2023, offers 414,062 square feet of immediately available space within four buildings totaling 472,800 square feet. Located in Adams County's Central Denver submarket, this prime location boasts unparalleled access to I-25, I-70, and I-76, all within three minutes. The property features 28-32' ceiling heights, 97 dock-high doors, and 14 drive-in doors, catering to diverse operational needs. With a minimum divisible space of 33,600 square feet and a maximum contiguous space of 162,000 square feet, this property is suitable for a range of businesses. The 30-acre lot provides exceptional visibility, enhanced by frontage on E 58th Ave. and I-25, including an electronic billboard. Ample parking is available with 648 spaces. Benefit from the advantageous location within an Enterprise Zone, offering significant economic incentives and tax credits, and enjoy the lower unincorporated Adams County sales tax rate of 4.75%. This development is situated in a vibrant submarket where land is highly sought after, providing a rare opportunity to secure a strategically advantageous location. The property is zoned for Enterprise Zone use. Xcel Energy provides power.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,045,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $965,000
- 6.5%
- $845,000
- 7%
- $865,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $935,000
- Geo Method
- $945,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $980,000
- Retail
- $1,005,000
- Mixed-Use
- $965,000
- Hospitality
- $865,000
- Educational
- $960,000
- Residential Income
- $815,000
- Energy
- $790,000
- Income-Based Land
- $835,000
- Food Service
- $910,000
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Adams
- State
- Colorado
- Longitude
- -104.979
- Latitude
- 39.8033
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA