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Property profile & analytics
OFF-MARKET
Residential income homes

6231 Federal Blvd Denver, CO 80221-2005

1,120 SF 0.63 ac lot Built 1954
Individually Owned 20-yr Hold
Property ID
US13-0010688
Property summary
AI-generated overview

This exceptional 6,864 square foot commercial property, located at 6231 Federal Boulevard in Denver, Colorado, presents a unique investment opportunity. Situated on a 0.63-acre lot, this property boasts a prime location with C5 zoning and exceptional visibility due to its high average daily traffic counts. The property has been family-owned for almost four decades and benefits from recent upgrades, including a new roof and water heaters installed in 2019. Its strategic location offers significant advantages for investors. The motel is conveniently located just half a mile from the Federal Train Station and approximately 1.5 miles from the Westminster Light Rail station, providing excellent access to public transportation. Furthermore, its proximity to the Clear Creek PUD enhances its potential for future development. This property is ideally suited for redevelopment or value-add strategies to create a significant income-producing asset. The property is designated as an Opportunity Zone, offering potential tax advantages for qualified investors. An adjacent property at 6201 Federal Boulevard is also available for purchase, presenting an opportunity for expansion or consolidation. This is a rare chance to acquire a well-located commercial property with substantial upside potential in a thriving Denver neighborhood. The asking price for this property is $2,100,000.

Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1954
Construction FRAME
Total area 1,120 SF
Lot 0.63 ac (27,443 SF)
APN R0103125
UPID US13-0010688
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
  • North Federal Valley Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Chul W Jung · 20 yrs held
Chul W Jung
since 2006
3 recorded transactions
2006
$630,000
2006
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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