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Investment Highlights

  • 1590 Quail Street is a 1.2-acre pad ideal for retail developments with zoning approval for a drive-thru and an existing on-site monument sign.
  • Strategically positioned along a retail corridor established between Interstates 70 and 25, just 20 minutes west of Downtown Denver.
  • Vacant land located at the hard corner, signalized intersection of Quail Street and W Colfax Avenue with visibility to over 61,000 vehicles per day.
  • Immediate area boasts affluent demographics with an average annual household income of $101K and $1.4B in annual spending within a 3-mile radius.

Executive Summary

1590 Quail Street is a vacant parcel of land situated on busy W Colfax Avenue between Owens Street and Quail Street. Located on a hard corner with excellent visibility and frontage, the 1.2-acre pad presents a broad spectrum of potential developments with flexible C-2 zoning and has approval for a drive-thru and an existing monument sign. 1590 Quail Street is positioned adjacent to a 230-unit senior housing, a 244-unit apartment complex, and another 354-unit complex.

As the main thoroughfare in Lakewood, Colfax Avenue brings over 61,000 vehicles per day passing through the signalized intersection. The surrounding trade area is densely populated, with 276,293 residents and 158,977 daytime employees within a 5-mile radius. The average household income in that same radius is $103,076, and the total consumer spending is over $4.1 billion. The area is fully developed with residential housing, retail, and offices. Denver West Office Park, a 1.5 million-square-foot office campus, and Union Square, a vibrant district with dining, shopping, St. Anthony Hospital, and dozens of office buildings are both less than 10 minutes away, underscoring the allure of this area for high-income professionals.

Additionally, Lakewood is planning the expansion of the existing light industrial and business parks immediately to the west and south of the Oak Street Station stop. Established in the West Denver submarket, 1590 Quail Street is nestled between Interstates 25 and 70, less than 20 minutes to Downtown Denver. The area is flourishing with nearby national retailers including Lowe’s, Harbor Freight Tools, Dollar Tree, McDonald’s, Whole Foods, Target, Best Buy, Walmart Supercenter, and more, making this a multifaceted destination for residents in the surrounding neighborhoods.

Property Facts

Price $1,500,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Fast Food
  • Restaurant
Total Lot Size 1.20 AC
Zoning C-4 - Commercial

1 Lot Available

Lot

Price $1,500,000
Price Per AC $1,250,000.00
Lot Size 1.20 AC

Hard corner site zoned C-2, ideal for retail developments with an existing monument sign. The site is already zoned for a drive-thru and surrounded by affluent residents.

Description

1590 Quail St in Denver, CO offers a prime redevelopment opportunity in a highly visible and accessible location. The property features a large paved lot with existing infrastructure and utility connections, making it ideal for new construction or repurposing. Situated near major roads and surrounded by retail, dining, and residential developments, this site benefits from strong traffic flow and excellent exposure. Its proximity to shopping centers and multi-family housing creates a vibrant environment for commercial or mixed-use projects, with flexible zoning options available to suit a variety of uses.

Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
39-333-10-015
Land Assessment
$892,127
Improvements Assessment
$2,553,642
Total Assessment
$3,445,769
  • Listing ID: 34084488

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 1590 Quail St, Denver, CO 80215

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