6322 Ivanhoe St Commerce City, CO 80022
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.