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900-970 Federal Blvd
1.34 Acres of Commercial Land Offered at $10,874,093 in Denver, CO 80204
Investment Highlights
- Ability to capture mountain and downtown city views
- Located within an Opportunity Zone and an Enterprise Zone for tax benefits and incentives.
- Great access to Colfax, I-25 and 6th Ave.
- Located near multiple bus and train stations for transportation around the City.
Executive Summary
Property Facts
| Price | $10,874,093 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Redevelopment Project | Total Lot Size | 1.34 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $10,874,093 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.34 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $10,874,093 | Lot Size | 1.34 AC |
| Price Per AC | $8,114,995 |
| Price | $10,874,093 |
| Price Per AC | $8,114,995 |
| Lot Size | 1.34 AC |
Development Land Total Property: 1.34 Acres / 58,389 SF 900 Federal Blvd: 15,970 SF 950 Federal Blvd: 19,723 SF 970 Federal Blvd: 22,696 SF Total Building: 7,223 SF
Description
-- 1.34ac (58,389 SF) within the West Area Plan -- Rezone formal application in process for 8+ story (12 stories with affordable incentives) for parcels 950-970 Federal Blvd. Complete by January 2025. (parcel for 900 Federal Blvd. is zoned E-MX-3). -- Corner location on 9th and Federal with points for ingress and egress for both northbound and southbound traffic. -- Ability to capture mountain and downtown city views. -- Great access to Colfax, I-25 and 6th Ave. -- Sun Valley neighborhood connects to Denver’s,The River Mile, and the Stadium District’s entertainment area. -- Located within an Opportunity Zone and an Enterprise Zone for tax benefits and incentives. -- Located near multiple bus and train stations for transportation around the City. -- Nearby outdoor amenities: Paco Sanchez, Barnum Mountain Bike, South Platte river and bike paths, Lakewood Gulch Park, Rude Recreation Center, and the Denver Bronco’s - Empower Field.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $120,950 | |
| Land Assessment | $1,377,680 | Total Assessment | $1,498,630 |
PROPERTY TAXES
zoning
| Zoning Code | E-CC-3 / I-MX-3 (900 Federal: E-MX-3 950 & 970 Federal: E-MX-3 (*final application in process for C-MX-8 zoning for Jan 2025; supported by neighborhood associations)) |
| E-CC-3 / I-MX-3 (900 Federal: E-MX-3 950 & 970 Federal: E-MX-3 (*final application in process for C-MX-8 zoning for Jan 2025; supported by neighborhood associations)) |
-
Paul Cattin -
Platinum CRE
Presented by
900-970 Federal Blvd
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