6775 Evans Ave Denver, CO 80224-2327
- Office buildings
- 24,795 SF
- 0.94 lot acres
Current Use by Public Records
- Cynthia Arellanes-Universal Lending Home Loans NMLS# 2036049 / Mortgage Lender
- North Suburban Mortgage / Mortgage Lender
- Nicky Hungerford Denver Mortgage Lender, Universal Lending Home Loans / Mortgage Lender
- Home Team Lending / Mortgage Lender
- Denver Board of Realtist / Association Or Organization
Property Details for 6775 Evans Ave
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.94 lot acres
- Property size
- 24,795 SF
- Zone code
- S-CC-3X
- Property type
- Office buildings
- APN
- 06291-00-104-000
- APU
- 629100104000
Description
This exceptional commercial property at 6775 E Evans Ave, Denver, CO 80224 presents a compelling investment opportunity. The 24,795 square foot, three-story Class C office building sits on a 0.94-acre lot and boasts 75 parking spaces. Built in 1973 and renovated in 2018, the property is currently vacant, offering immediate occupancy for a new owner. Its strategic location on East Evans Avenue provides unparalleled visibility, with nearly 40,000 vehicles passing daily. The property benefits from its proximity to the new Edera at Highline apartment development and numerous major retailers, ensuring high foot traffic and strong potential for future growth. Zoned S-CC-3X in Denver County, this property allows for diverse development possibilities. The building's vacant status allows for immediate customization to suit a variety of business needs, making it ideal for an office user, investor, or redevelopment project. This is a rare opportunity to acquire a well-located, sizable commercial property in a thriving Denver neighborhood. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,520,000
- 6.5%
- $2,565,000
- 7%
- $2,895,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,845,000
- Geo Method
- $2,640,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,320,000
- Retail
- $3,105,000
- Mixed-Use
- $2,775,000
- Hospitality
- $3,060,000
- Educational
- $3,100,000
- Residential Income
- $2,635,000
- Energy
- $2,990,000
- Income-Based Land
- $3,215,000
- Food Service
- $3,065,000
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.91
- Latitude
- 39.6788
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
