1201 Alameda Ave Denver, CO 80223
- Warehouses
- 2,424 SF
- 0.07 lot acres
Current Use by Public Records
- Denver Performance Auto / Auto Repair Shop
Property Details for 1201 Alameda Ave
- Year built
- 1938
- Construction
- WOOD
- Lot size
- 0.07 lot acres
- Property size
- 2,424 SF
- Zone code
- E-MX-3A
- Property type
- Warehouses
- APN
- 05095-14-023-000
- APU
- 509514023000
Description
This exceptional 2,424 square foot retail property, situated on a 0.08-acre lot at the corner of Alameda Avenue and Lipan Street in Denver, CO, presents a unique investment opportunity. Boasting prime visibility due to its location facing I-25 and Alameda Avenue, this property benefits from an estimated 60,000 daily car pass-bys, providing immediate access to a substantial customer base. The building itself is approximately 24x24 feet with nearly 12-foot interior ceilings, offering an open floor plan ideal for diverse business ventures. Currently featuring a 12x12 retail space, an office, and a storefront, the property also includes restrooms. The interior offers flexibility
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $340,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $425,000
- Mixed-Use
- $380,000
- Hospitality
- $335,000
- Educational
- $425,000
- Residential Income
- $335,000
- Energy
- $355,000
- Income-Based Land
- $325,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -105.002
- Latitude
- 39.7115
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA