Property profile

2256 Curtis St Denver, CO 80205

FOR SALE
Land
Property ID
US13-2185577
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Property summary

AI-generated overview

Exceptional 12,282 sq ft development opportunity in Denver's Arapahoe Square neighborhood, just east of the Central Business District and south of LoDo. This fully entitled project is exempt from mandatory affordable housing, having filed for Site Development Plan (SDP) prior to June 2022, and is ready to capitalize on SB106, a Senate bill addressing construction defects to encourage condo development. The asking price of $4,000,000 includes all costs through permit approvals, encompassing architectural, civil, structural, survey, soils, and environmental studies. Buyer is responsible for tap fees, permit fees, and other applicable city fees. The approved plans detail a 44-unit multifamily/condo development with a unit mix ranging from 482 to 1,118 square feet, anticipating sales prices between $450,000 and $730,000. The efficient 5-story building design allows for LEED certification if desired. The property boasts a 2.8% co-op and is conveniently located near Great Divide Brewing, Snooze, Coors Field, and light rail access, offering walkability and proximity to downtown amenities and public transit. Zoned D-AS-12.

Property profile

Verified
Property type Land
UPID US13-2185577

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Parking Lot & Garage

Location

2256 Curtis St Denver, CO 80205
Denver 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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