5107 Emerson St Denver, CO 80216
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 5107 Emerson St
- Property type
- Commercial real estate
Description
This exceptional 48,445 square foot development lot presents a unique investment opportunity in Denver, Colorado. Situated at 5107-5135 Emerson Street, this property boasts a prime location on the border of Globeville and Elyria-Swansea neighborhoods, benefiting from significant ongoing investment and development in the area. The recent completion of the 51st Avenue Bridge enhances connectivity, linking the property to the Stock Show Complex. Further enhancing its appeal, the property sits directly across from the soon-to-open 14-acre Carpio Sanguinette Park, a key component of the city's plan to revitalize the neighborhood. Zoned G-RX-5, this lot allows for the construction of up to seven stories, potentially including affordable housing options. Its location within a Qualified Census Tract (QCT) and adjacent to a Denver Development Authority (DDA) area, coupled with its prominent corner location, adds significant value. The property comprises five separate parcels, offering flexibility for individual sale or development as a cohesive whole. The asking price is $4,995,000. This is a rare chance to capitalize on the transformative growth of this dynamic Denver neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.976294
- Latitude
- 39.789146
