Property profile

7481 Kearney St Commerce City, CO 80022

OFF-MARKET
Office buildings
Property ID
US13-2815088
600 SF 4.86 ac lot Built 1915
Individually Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 600-square-foot warehouse property at 7481 Kearney St, Commerce City, CO 80022, presents a unique redevelopment opportunity. Situated on a substantial 211,702-square-foot lot, this single-building property offers significant potential. Currently configured as an auto salvage yard, the property boasts a secure, fully fenced perimeter. The existing improvements include a crusher and other fixed assets, which are available for separate purchase. The property is zoned PUD and I2, allowing for diverse redevelopment options. Built in 1915, this property offers a blank canvas for a new owner. The asking price is $3,175,530, translating to $5,292.55 per square foot. The property is available for occupancy on July 31, 2024. This is a rare find in Commerce City, ideal for owner-users or investors seeking a light industrial lot with substantial redevelopment potential. The Adams County location provides excellent access to major transportation routes. The property's history as a long-standing salvage yard provides a unique opportunity for creative repurposing. This is a chance to acquire a significant piece of land in a growing area. The parcel's size and zoning offer flexibility for various development projects.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1915
Total area 600 SF
Lot 4.86 ac (211,702 SF)
APN R0079294
UPID US13-2815088

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7481 Kearney St Commerce City, CO 80022-1357
Commerce City metro Census 8801 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k

Owner & transaction history

since 2011
2 recorded transactions
2011
$1.0M
2003
$450,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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