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Property profile & analytics
OFF-MARKET Estimated value $920,000
Truck terminals

510 51st Ave Denver, CO 80216-2091

80,752 SF 17.85 ac lot Built 1956
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-1409724
Property summary
AI-generated overview

This exceptional industrial property, located at 510 E 51st Ave, Denver, CO 80216, offers a unique opportunity for businesses seeking a versatile space. The property encompasses 1.5 acres of land, fully fenced and paved, providing ample space for various industrial uses. The site features convenient truck and trailer parking, making it ideal for logistics or businesses requiring substantial yard space. Consider this location as a contract or laydown yard. Flexible lease terms are available, including month-to-month options. The property also includes office space, ranging from 800 to 3000 square feet, with the possibility of up to 1800 square feet of free office space included with yard rental. This property boasts excellent accessibility, situated near the I-25/I-70 corridor, ensuring seamless transportation and logistics. The property is ready for immediate occupancy. This is a single-tenant property classified as industrial land. The property's location in Denver, Colorado, offers access to a robust workforce and established infrastructure. The combination of ample yard space, flexible office options, and strategic location makes this property an attractive investment for a variety of industrial businesses.

Property profile
Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1956
Construction STEEL FRAME
Total area 80,752 SF
Lot 17.85 ac (777,500 SF)
Zoning code C-MX-5
APN 02154-00-053-000
UPID US13-1409724
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Poplar Street Apartments Apartment Building
  • Ainsworth Trailer Repair Auto Repair Shop
  • Macy's Logistics- Warehouse Warehouse & Storage
  • Lakin Tire West of Colorado Auto Parts Store Discount Store
  • EOR Water Fire Smoke Damage Repair Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$920k
Owner & transaction history
Jrl 51st Street LLC · 3 yrs held
Jrl 51st Street LLC
since 2023
7 recorded transactions
2023
Price N/A
2020
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-MX-5 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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