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1187 E 68th Ave 29,486 SF Industrial Building Denver, CO 80229 $4,495,000 ($152.45/SF)
Executive Summary
Rare opportunity in Denver for a mid-size industrial property centrally located at 1187 E. 68th Avenue, Denver, CO 80229. This is advantageous in that the property has a Denver address but is in Unincorporated Adams County with a low sales tax rate of 4.75% and minimum wage of $14.42 per hour. Ideal for manufacturing, distribution, R & D, and/or quality office use, the building has heavy power and compressed air distributed throughout the property, along with heat and a/c through the entire building. The property offers immense potential for various industrial operations, including research and development.
Highlights
Location Highlights:
- Strategically located in the much sought after North-Central submarket with incredible access to major highways. Interstates 25 and 76 are located just a half mile away. Highway 36 is positioned within 1.5 miles and the property has direct access to I-70.
- Easy 10 minute drive into downtown Denver and 22 minutes to Denver International Airport
- Close proximity to key industrial and commercial hubs, ensuring excellent connectivity and logistics advantages.
Highlights
Location Highlights:
- Strategically located in the much sought after North-Central submarket with incredible access to major highways. Interstates 25 and 76 are located just a half mile away. Highway 36 is positioned within 1.5 miles and the property has direct access to I-70.
- Easy 10 minute drive into downtown Denver and 22 minutes to Denver International Airport
- Close proximity to key industrial and commercial hubs, ensuring excellent connectivity and logistics advantages.
Property Facts
| Price | $4,495,000 | No. Stories | 2 |
| Price Per SF | $152.45 | Year Built/Renovated | 1984/2000 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.59/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 14’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.56 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 29,486 SF | ||
| Zoning | I-B - I-B Zoning - General Industrial District. | ||
| Price | $4,495,000 |
| Price Per SF | $152.45 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 1.56 AC |
| Rentable Building Area | 29,486 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2000 |
| Tenancy | Single |
| Parking Ratio | 3.59/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | I-B - I-B Zoning - General Industrial District. |
Amenities
- Signage
- Yard
- Reception
- Air Conditioning
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Property Taxes
| Parcel Number | 1825-02-2-04-013 | Improvements Assessment | $1,008,230 |
| Land Assessment | $220,170 | Total Assessment | $1,228,400 |
Property Taxes
Parcel Number
1825-02-2-04-013
Land Assessment
$220,170
Improvements Assessment
$1,008,230
Total Assessment
$1,228,400
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1187 E 68th Ave
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