Property summary
This exceptional freestanding industrial warehouse, located at 5757 E 42nd Ave in Denver, Colorado, presents a compelling investment opportunity. Boasting 29,255 square feet on a 1.2-acre lot, this single-story, Class C building offers significant potential for a variety of users. Built in 1975, the property features a substantial 18-foot ceiling height, enhancing operational efficiency. Access is facilitated by seven dock-high doors and one loading dock, complemented by a fenced rear yard. The property is zoned I-B and benefits from three-phase power. Currently undergoing improvements including new LED lighting and exterior paint, this warehouse is ideally situated for convenient access to major transportation arteries, including Interstates 70 and 25, providing seamless connectivity throughout the Denver metro area. Its central Denver location offers proximity to a robust industrial and distribution market, as well as amenities such as the Stanley Marketplace. The asking price is $4,500,000, translating to $153.82 per square foot. This represents a unique chance to acquire a well-located, functional industrial space with significant upside potential in a thriving Denver market. The property's APN is 01203-00-142-000.
Property profile
VerifiedCap rate & NOI
Current use
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HVAC Service General Contractor
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HVAC Service General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
I-B General Industrial District 9.1.2.1 Purpose The following paragraphs explain the general purpose and intent of the Industrial Context zone districts. A. I-MX Industrial Mixed Use Districts (I-MX-3,-5, -8, -12) 1. Gen…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Derived from the Denver market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-B · Denver, COI-B General Industrial District 9.1.2.1 Purpose The following paragraphs explain the general purpose and intent of the Industrial Context zone districts. A. I-MX Industrial Mixed Use Districts (I-MX-3,-5, -8, -12) 1. Gen…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
I-B General Industrial District 9.1.2.1 Purpose The following paragraphs explain the general purpose and intent of the Industrial Context zone districts. A. I-MX Industrial Mixed Use Districts (I-MX-3,-5, -8, -12) 1. Gen…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-B in Denver, CO.
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