Technical
Financial
Distress signals
Property profile

3031 W Florida Ave Denver, CO 80219

FOR SALE
Land
Property ID
US13-0241676
0.49 ac lot
Entity Owned 6-yr Hold
Saved · see the list in your Dashboard
3031 W Florida Ave, Denver, CO 80219 For Sale
Contact for pricing
3031 W Florida Ave, Denver, CO 80219
View Listing →

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.49 ac (21,432 SF)
UPID US13-0241676

Cap rate & NOI

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

Location

3031 W Florida Ave Denver, CO 80219
Denver metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2020
1 recorded transaction
2020
$1.0M

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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message