Property profile

3401 1st Way Denver, CO 80224

OFF-MARKET
Medical Office Space
Property ID
US13-1179561
3,795 SF 0.27 ac lot Built 1967
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This commercial property at 3400 S Oneida Way in Denver, Colorado, is a freestanding building totaling 4,913 square feet on a 14,178 square-foot lot (0.33 acres). It is situated just off Hampden Avenue within a high-traffic corridor and is located near Interstate 25 for regional access. The site previously accommodated a recreational and medical marijuana business, and the building and site configuration are suited to commercial use. The property’s leasable premises have an established tenancy through December 31, 2030, with extensions possible through December 2040, subject to renewal rent escalations as specified in the lease. The property is positioned within a context that may support future site and redevelopment considerations given the lot size and standalone nature of the improvements.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1967
Construction STEEL FRAME
Total area 3,795 SF
Lot 0.27 ac (11,761 SF)
Zoning code S-MX-3
APN 06324-00-017-000
UPID US13-1179561

Cap rate & NOI

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

Location

3401 1st Way Denver, CO 80224-2847
Denver metro Census 6812 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2007
Price N/A
2007
Price N/A
2005
Price N/A

Zoning & alternative use

S-MX-3 · Denver, CO
Zoning description

D. Mixed Use - 3 (S-MX-3) S-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. e. Mixed Use - 3A (S-MX-3A) S-MX-3A applies to areas…

General category MIXED_USE

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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