Entity Owned Property summary
This exceptional 0.22-acre commercial land parcel, located at 31 W Evans Ave in Denver, CO 80223, presents a unique development opportunity. Zoned C-MX-3, it allows for a diverse range of uses including retail, residential, and office, with the potential for a three-story building. The property boasts a highly desirable location, just half a block from the intersection of Broadway and Evans, ensuring high visibility and accessibility. With approximately 9,375 square feet and 125 feet of frontage, this corner lot offers ample space for a substantial development. Existing utilities are in place, simplifying the construction process. The high traffic count in this vibrant Denver neighborhood guarantees significant exposure for any development. The asking price is $820,000, representing a compelling value given the property's size, location, and zoning flexibility. The APN is 5272-08-012. This is a rare chance to build in a thriving area of Denver.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
A. Mixed Use - 3 (C-MX-3) C-MX-3 applies to areas or intersections served primarily by local or collector streets where a building scale of 1 to 3 stories is desired. B. Mixed Use - 5 (C-MX-5) C-MX-5 applies to areas or…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-MX-3 · Denver, COA. Mixed Use - 3 (C-MX-3) C-MX-3 applies to areas or intersections served primarily by local or collector streets where a building scale of 1 to 3 stories is desired. B. Mixed Use - 5 (C-MX-5) C-MX-5 applies to areas or…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
A. Mixed Use - 3 (C-MX-3) C-MX-3 applies to areas or intersections served primarily by local or collector streets where a building scale of 1 to 3 stories is desired. B. Mixed Use - 5 (C-MX-5) C-MX-5 applies to areas or…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-MX-3 in Denver, CO.
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