Property profile & analytics
4280 Columbine St Denver, CO 80216-3925
- Residential income homes
- 13,025 SF
- 0.40 lot acres
OFF-MARKET
Value Estimations
$3,270,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US13-0453509
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
- Correctional Management Inc. (CMI) Columbine / Medical Clinic
Property Details for 4280 Columbine St
- Year built
- 1970
- Construction
- WOOD
- Lot size
- 0.40 lot acres
- Property size
- 13,025 SF
- Zone code
- I-A
- Property type
- Residential income homes
- Property subtype
- Serviced apartments
- APN
- 02243-07-004-000
- APU
- 224307004000
Description
This exceptional 13,025-square-foot industrial property, located at 4280 Columbine Street in Denver, Colorado, presents a unique investment opportunity. The building, constructed in 1966 and extensively renovated in 2002, boasts a versatile design suitable for distribution, warehouse, or manufacturing uses. The property sits on a 0.4-acre lot and is zoned I-A, U0-2, allowing for a variety of operational configurations. Key features include one dock-high door, providing efficient loading and unloading capabilities. The building is fully conditioned and includes a convenient on-site cafeteria, enhancing employee comfort and productivity. A small, fenced yard offers secure outdoor storage space. Its prime location offers easy access to public transportation, being in close proximity to the 40th & Colorado Station, and benefits from nearby retail amenities, providing convenience for employees and visitors. The fenced loading area further enhances security and operational efficiency. This multi-tenant property is an ideal choice for businesses seeking a well-maintained, centrally located industrial space in Denver's thriving market. The property's combination of functional design, convenient amenities, and strategic location makes it a highly attractive investment prospect.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,295,000
- 6.5%
- $3,045,000
- 7%
- $2,825,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,302,000
- AI Estimate
- $2,461,000
Market price range: $1.83M - $4.30MMarket price range: $1.16M - $2.46M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $3,160,000 Current use
- RESTAURANT
- $5,325,000 Change: +69% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $5,215,000 Change: +65% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $4,225,000 Change: +34% Conversion: Difficult
- RETAIL STORES
- $4,190,000 Change: +33% Conversion: Difficult
- MEDICAL BUILDING
- $3,955,000 Change: +25% Conversion: Moderate
- OFFICE BUILDING
- $3,335,000 Change: +6% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.957
- Latitude
- 39.7761
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,420
$160,090
$206,680
$366,770
-
$603,800
$740,800
$1,344,600
