4900 Osage St Denver, CO 80221
- Warehouses
- 176,800 SF
- 8.81 lot acres
Current Use by Public Records
- Canyon Materials Inc. / Building Supply / Industrial Manufacturer
- Charles D Jones Co / Big Box & Wholesale Store / Building Supply
- Johns Manville / Warehouse & Storage
- Mitchell Lewis & Staver / Building Supply
- Modular Interiors, Inc. / Moving Company / Storage Facility
Property Details for 4900 Osage St
- Year built
- 2003
- Construction
- CONCRETE
- Lot size
- 8.81 lot acres
- Property size
- 176,800 SF
- Zone code
- I-MX-3
- Property type
- Warehouses
- APN
- 02164-09-030-000
- APU
- 216409030000
Description
Centerpark offers a unique opportunity to lease exceptional office and warehouse space in a highly desirable Denver location. This multi-building complex totals 431,157 square feet, with 52,950 square feet currently available for lease. Built in 2006, the property boasts three buildings featuring a variety of configurations to suit diverse business needs. Spaces range from 12,000 to 30,000 square feet, providing flexibility for expanding or relocating businesses. The warehouse component includes 59 dock-high doors and 27 drive-in doors, ensuring efficient loading and unloading. Ceiling heights range from 24 to 30 feet, accommodating a wide range of storage and operational requirements. Ample parking is available with 468 total spaces. The property's strategic location offers unparalleled access to Denver's Central Business District, Denver International Airport (a mere 16 minutes away), and the Denver Tech Center (just 14 minutes away). Its proximity to major interstates I-70 and I-25 provides seamless connectivity throughout the Denver metro area, which is within a 20-mile radius of the property. The property benefits from excellent visibility and access to a highly skilled workforce. Furthermore, its location within a designated Enterprise Zone offers potential economic incentives. This is a rare opportunity to secure prime commercial real estate in a thriving Denver market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $38,405,000
- ML approach
- $38,405,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $30,450,000
- 6.5%
- $28,105,000
- 7%
- $26,100,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $23,588,000
Market price range: $20.4M - $41.7M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $28,400,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $57,380,000 Change: +102% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $57,225,000 Change: +102% Conversion: Difficult
- RETAIL STORES
- $56,860,000 Change: +100% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $54,960,000 Change: +94% Conversion: Difficult
- MEDICAL BUILDING
- $53,685,000 Change: +89% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -105.004
- Latitude
- 39.7857
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
