Property profile

255 22Nd St Denver, CO 80205

OFF-MARKET
Retail properties & Spaces
Property ID
US13-1264877
1.06 ac lot
Entity Owned 2-yr Hold
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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 Retail properties & Spaces
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

Location

255 22Nd St Denver, CO 80205
Denver metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

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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