5000 Tower Rd Denver, CO 80249
- Commercial real estate
- 3.59 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5000 Tower Rd
- Lot size
- 3.59 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.585-acre commercial land parcel, located at 5000 Tower Road in Denver, Colorado, 80249, presents a unique investment opportunity. Zoned C-MU-20 (with WVRS), this property offers significant development potential. Its strategic location within the rapidly growing Green Valley Ranch neighborhood provides immediate access to a thriving community. With approximately 36,000 residents and 11,500 housing units (80% owner-occupied), Green Valley Ranch boasts a strong average household income of $95,000. The property's walkability score of 76/100 underscores its convenient location near numerous restaurants and retail options. Adding to its appeal, the site is adjacent to a public park, recreation center, and public library, enhancing its desirability and potential for various commercial ventures. The property's proximity to Denver International Airport (a 14-minute drive) further enhances its logistical advantages. The asking price for this remarkable 156,164 square foot (approximate) land parcel is $5,000,000. This presents a compelling opportunity for developers seeking a prime location in a flourishing Denver neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.7708339
- Latitude
- 39.787828