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Property profile & analytics
FOR SALE
Commercial land

6322 Ivanhoe St Commerce City, CO 80022

0.28 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US13-0494653
Property summary
AI-generated overview

This exceptional 1.24-acre commercial land assemblage in Commerce City, Colorado presents a compelling development opportunity. Located in Adams County's Opportunity Zone, this property boasts a prime location near the 65-acre Urban Renewal project at Mile High Greyhound Park, a development projected to add over 1000 housing units, 40,000 square feet of retail space, and a 122-room hotel. The site is zoned C-3 Commercial, allowing for a variety of uses, including retail and service businesses. The assemblage comprises five contiguous lots (APN: 1823-08-2-08-018, 1823-08-2-08-019, 1823-08-2-08-020, 1823-08-2-08-021, 1823-08-2-08-022), totaling 54,014 square feet (1.24 acres). The property is currently unimproved, with no existing utilities, water, or sewer connections. The combined 2022 annual property taxes for all five lots were $4,839. Convenient access to I-76 and I-70 highways provides excellent connectivity. The seller is open to selling the entire assemblage or individual lot bundles at potentially reduced prices. Owner financing is available. Buyer to verify all information. This is a rare chance to capitalize on the significant growth in this area. Don't miss this opportunity to acquire a strategically located commercial property with immense potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.28 ac (12,327 SF)
APN R0213079
UPID US13-0494653
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
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
5 Lots E 63rd LLC · 4 yrs held
5 Lots E 63rd LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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