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Property profile & analytics
OFF-MARKET
Commercial real estate

255 22Nd St Denver, CO 80205

1.06 ac lot
Entity Owned 2-yr Hold
Property ID
US13-1264877
Property summary
AI-generated overview

This exceptional 1.06-acre property at 255 22nd Street in Denver, Colorado, presents a unique investment opportunity. Located in the vibrant Uptown neighborhood, this retail and land parcel is zoned R-MU-30, allowing for a diverse range of uses including residential, hotel, and various retail and commercial ventures, such as childcare facilities. The property boasts a prime location adjacent to a public park and offers easy access to Broadway and Park Avenue West. With a Walk Score of 96/100, it's a pedestrian's paradise. Importantly, this development is entitled for 260 units and is exempt from Denver's new Affordable Housing Ordinance (Expanding Housing Affordability or "EHA"). The high visibility corner location ensures maximum exposure for any retail venture. Specific permitted uses are outlined in the zoning regulations, with exclusions including large-scale furniture retail, motels, large-scale service/repair businesses, and certain wholesale/storage operations. The asking price is $9,900,000. This is a rare chance to acquire a highly desirable property in a thriving Denver location with significant development potential. The property's zoning allows for flexibility and adaptability to a variety of uses, making it an attractive investment for both developers and retail operators.

Property profile
Verified
Property type Commercial real estate
Lot 1.06 ac (46,174 SF)
UPID US13-1264877
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nava Uptown LLC · 2 yrs held
Nava Uptown LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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