Property profile

2625 3rd Ave Denver, CO 80206

OFF-MARKET
Retail space
Property ID
US13-2784616
10,510 SF 0.43 ac lot Built 1976
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Construction WOOD
Total area 10,510 SF
Lot 0.43 ac (18,750 SF)
Zoning code CCN
APN 05122-11-045-000
UPID US13-2784616

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
  • Gym & Fitness Center
  • Training Center
  • Parking Lot & Garage
  • Law Firm

Location

2625 3rd Ave Denver, CO 80206-4705
Denver metro Census 3801 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.22M
Comparable Approach Comparable
$2.17M
Blend (final) Blend
$2.44M

Owner & transaction history

since 2009
5 recorded transactions
2016
Price N/A
2009
$5.0M
2006
Price N/A
2006
$2.4M
1969
Price N/A

Zoning & alternative use

CCN · Denver, CO
Zoning description

tailored to the unique character and scale of Cherry Creek North. The C-CCN zone districts promote an enhanced pedestrian-oriented environment through features such as larger primary street setbacks, open space incentive…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $3.7M +8.6%
Neighborhood: shopping center $3.4M +0.9%
Commercial (general) $3.4M +0.6%

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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