4675 Kingston St Denver, CO 80239
- Warehouses
- 22,922 SF
- 0.93 lot acres
Current Use by Public Records
- Worknet / Marketing & Advertising / (Bike/Boat/Book/etc) Store
Property Details for 4675 Kingston St
- Year built
- 1970
- Construction
- WOOD
- Lot size
- 0.93 lot acres
- Property size
- 22,922 SF
- Zone code
- I-B
- Property type
- Warehouses
- APN
- 01232-03-006-000
- APU
- 123203006000
Description
This turnkey cannabis cultivation facility presents a unique investment opportunity. The 22,922-square-foot warehouse sits on a 0.93-acre lot (40,700 square feet) and boasts over $4 million in upgrades, including LED lighting throughout its 15 flower rooms. The building features a dock-high loading door with 16-foot clear height, 14 parking spaces plus street parking, and is conveniently located off Kingston St. and 47th Ave. in Denver County. Built in 1970, the property includes a 1 ½-inch water line and robust 3000 AMP, 3-phase power. The I-B zoning is ideal for its current use. The master lease expires September 30, 2027, with the landlord open to a direct deal. NNN expenses are $6.57 per square foot. This property offers significant potential for continued cannabis cultivation or adaptation to other industrial uses.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,655,000
- ML approach
- $3,615,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,190,000
- 6.5%
- $3,870,000
- 7%
- $3,590,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.859
- Latitude
- 39.7816
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA