Property profile

500 62nd Ave Denver, CO 80216

OFF-MARKET
Auto shops
Property ID
US13-2831550
840 SF 6.64 ac lot Built 1959
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is an industrial facility located in the Downtown Denver submarket and is zoned for heavy industrial use. It has exposure to I-25 and is configured to support outside storage (IOS) uses. The site is fully fenced and secured, with keypad-controlled access and oversized automatic rolling gates. Loading capabilities include multiple oversized grade-level doors and dock-high loading areas. The property encompasses 36,861 square feet.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1959
Total area 840 SF
Lot 6.64 ac (289,238 SF)
APN R0111936
UPID US13-2831550

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Building Supply Industrial Manufacturer

Location

500 62nd Ave Denver, CO 80216-1133
Denver metro Census 15000 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.84M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.48M

Owner & transaction history

since 2023
Last sale
$15.9M
7 recorded transactions
2023
Price N/A
2022
$15.9M
2022
$156,550
2019
$13.0M
2016
Price N/A
2011
Price N/A
2003
$1.6M

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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