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Property profile & analytics
OFF-MARKET
Auto shops

1615 33rd Ave Denver, CO 80211

636 SF 0.21 ac lot Built 1980
Entity Owned 14-yr Hold
Property ID
US13-0764258
Property summary
AI-generated overview

This exceptional Denver, CO property, located at 1615 W 33rd Avenue & 3317 Osage Street, presents a prime redevelopment opportunity. The offering encompasses two lots totaling 9,361 square feet, situated in the highly sought-after Lower Highlands submarket. The combined lot size provides ample space for a variety of urban, mixed-use developments, permitted under the U-MX-3 zoning designation. The property includes a small commercial building and a duplex, adding to its potential. Built in 1955 and 1891 respectively, the existing structures offer flexibility for adaptive reuse or demolition. This prominent corner lot boasts excellent visibility and accessibility, with close proximity to numerous established retail and restaurant options. Its location minutes from Denver's Central Business District (CBD) capitalizes on the area's ongoing revitalization and strong rental demand. The asking price for this exceptional redevelopment site is $3,200,000. The property's strategic location and flexible zoning make it an ideal investment for developers seeking to capitalize on Denver's thriving real estate market. The potential for a marijuana retail dispensary is also a consideration. The square footage of the buildings ranges from 1,115 to 1,296 square feet.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1980
Construction WOOD
Total area 636 SF
Lot 0.21 ac (9,361 SF)
Zoning code U-MX-3
APN 02281-33-011-000
UPID US13-0764258
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 1615 Gallery Art Gallery
  • apropos Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
1615 W 33rd Avenue LLC · 14 yrs held
1615 W 33rd Avenue LLC
since 2012
Last sale
$2.0M
7 recorded transactions
2012
$731,840
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
U-MX-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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