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    Property profile & analytics

    3031 Florida Ave Denver, CO 80219

    • Commercial real estate
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-0241676
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3031 Florida Ave

    Lot size
    0.49 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.492-acre commercial and residential land parcel, located at 3031 West Florida Avenue in Denver, Colorado (zip code 80219), presents a unique investment opportunity. Zoned E-CC-3X, this property allows for a diverse range of development options, making it ideal for both commercial and residential projects. The site's prime location offers excellent access to major transportation arteries, including I-25, Santa Fe Drive, and 6th Avenue, ensuring high visibility and convenient connectivity. The city actively supports multifamily development in this area due to a current housing shortage. A detailed 58-unit multifamily development plan is currently under city review and is available upon request. This plan demonstrates the significant potential of this site for high-density residential construction. The asking price for this exceptional property is $799,000. The property's potential extends beyond multifamily, with its flexible zoning accommodating a variety of commercial uses, including retail establishments. This makes it an attractive option for developers seeking a versatile and strategically located site in a rapidly growing Denver neighborhood. The property is suitable for construction up to three stories high.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -105.025652
    Latitude
    39.689661

    Comparable in this City

    • $1,525,000
      6,420 SF

      Denver Multifamily Investment Opportunity

      Nine-unit apartment building in Denver's Westwood submarket.
      4439 West Nevada Pl, Denver, CO 80219
      View Details
    • $1,000,000
      4,031 SF

      Lakewood Apartment Building Sold

      7-unit apartment building in Lakewood has been sold.
      303 Hooker St, Denver, CO 80219
      View Details
    • $800,000
      4,025 SF

      Lakewood Four Unit Property

      Four-unit multifamily property located in Lakewood, Denver.
      3051 W Ohio Ave, Denver, CO 80219
      View Details
    • $464,900

      Duplex with Income Potential

      Bank-owned duplex with two units in a prime location.
      237 S Julian St, Denver, CO 80219
      View Details
    • $725,000

      Remodeled Duplex Ready for Tenants

      Remodeled duplex, vacant, spacious basements, new roof, great location.
      3174 W Center Ave, Denver, CO 80219
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    • $330,000
      982 SF

      Renovated Townhome with Basement

      Bright townhome near Belmar and Riverpoint with updated features.
      3300 W Florida Ave, Denver, CO 80219
      View Details

    Similar Nearby for Sale

    • $1,525,000
      6,420 SF

      Denver Multifamily Investment Opportunity

      Nine-unit apartment building in Denver's Westwood submarket.
      4439 West Nevada Pl, Denver, CO 80219
      View Details
    • $1,000,000
      4,031 SF

      Lakewood Apartment Building Sold

      7-unit apartment building in Lakewood has been sold.
      303 Hooker St, Denver, CO 80219
      View Details
    • $800,000
      4,025 SF

      Lakewood Four Unit Property

      Four-unit multifamily property located in Lakewood, Denver.
      3051 W Ohio Ave, Denver, CO 80219
      View Details
    • $464,900

      Duplex with Income Potential

      Bank-owned duplex with two units in a prime location.
      237 S Julian St, Denver, CO 80219
      View Details
    • $725,000

      Remodeled Duplex Ready for Tenants

      Remodeled duplex, vacant, spacious basements, new roof, great location.
      3174 W Center Ave, Denver, CO 80219
      View Details
    • $330,000
      982 SF

      Renovated Townhome with Basement

      Bright townhome near Belmar and Riverpoint with updated features.
      3300 W Florida Ave, Denver, CO 80219
      View Details

    Similar Nearby for Lease

    • $995 /Mo

      Denver Apartment Near Athmar Park

      One-bedroom apartment near restaurants, shopping, I-25, and parks.
      1090 Eliot St, Denver, CO 80219
      View Details
    • $1,325 /Mo
      715 SF

      Athmar Park Apartment For Rent

      Two-bedroom apartment near restaurants, shopping, I-25, and parks.
      1080 S Eliot St, Denver, CO 80219
      View Details
    • $318 /Mo
      1,176 SF

      Denver Office Suite - Federal Blvd.

      Prime Denver Office: 1176 sq ft, move-in ready.
      633 Federal Blvd, Denver, CO 80219
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    • $18 SF/Yr
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      Refurbished Office Space For Rent

      Centrally located, refurbished office space with a large conference room.
      300 Bryant St, Denver, CO 80219
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    • Contact for pricing
      2,194 SF

      Office Space with Dock Door

      Office space featuring two offices, open area, and dock door.
      2600 2Nd Ave, Denver, CO 80219
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    • Contact for pricing
      7,800 SF

      Retail Space Near Whole Foods

      New retail space available in Central Park, Denver.
      3999 W Center Ave, Denver, CO 80219
      View Details

    Property Visit Statistics

    • Visits by month
      10.7k
    • Visitors by month
      8.2k
    • Avg Time on site
      7 min
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    3031 Florida Ave
    Denver, CO 80219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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