Entity Owned Property summary
This exceptional Denver commercial land parcel, located at 1915 & 1919 E Colfax Ave, presents a unique investment opportunity. The 21,670 square foot lot is zoned C-MS-5, allowing for a five-story development. Currently featuring two existing buildings – a two-story office/retail building and a separate retail/restaurant building – the property offers immediate income potential while redevelopment plans are underway. The site boasts a prime location at the northeast corner of High Street and Colfax Avenue, bordering the desirable Cheesman Park and City Park West neighborhoods. This high-traffic area provides excellent visibility and access to a plethora of nearby shopping and dining options. The existing leases include redevelopment clauses, allowing for flexibility in future development. The asking price is $3,500,000, translating to $161.51 per square foot. This presents a compelling chance to capitalize on the area's growth and create a high-density project, potentially including more affordable housing options. The property's size and zoning make it ideal for a variety of development scenarios. Don't miss this chance to acquire a significant piece of Denver real estate with substantial upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Employment Agency
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Employment Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
C-MS-5 Main Street 5 C-MS-8 Main Street 8 C-MS-12 Main Street 12 C-CCN-3 C-CCN-4 C-CCN-5 C-CCN-7 C-CCN-8 C-CCN-12 Cherry Creek North 3 Cherry Creek North 4 Cherry Creek North 5 Cherry Creek North 7 Cherry Creek North 8 C…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-MS-5 · Denver, COC-MS-5 Main Street 5 C-MS-8 Main Street 8 C-MS-12 Main Street 12 C-CCN-3 C-CCN-4 C-CCN-5 C-CCN-7 C-CCN-8 C-CCN-12 Cherry Creek North 3 Cherry Creek North 4 Cherry Creek North 5 Cherry Creek North 7 Cherry Creek North 8 C…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
C-MS-5 Main Street 5 C-MS-8 Main Street 8 C-MS-12 Main Street 12 C-CCN-3 C-CCN-4 C-CCN-5 C-CCN-7 C-CCN-8 C-CCN-12 Cherry Creek North 3 Cherry Creek North 4 Cherry Creek North 5 Cherry Creek North 7 Cherry Creek North 8 C…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-MS-5 in Denver, CO.
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Find the owner behind the property.
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