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3134 Walnut St 0.43 Acres of Commercial Land Offered at $3,950,000 in Denver, CO 80205
INVESTMENT HIGHLIGHTS
- Central Location
- Exceptional Demographics
- Premier Rental Rates
- Employment Opportunities
- Nationally Acclaimed Destination
EXECUTIVE SUMMARY
Located at 3134 Walnut St in Denver, this site offers a prime opportunity for development in the vibrant River Arts North (RiNo) neighborhood. The zoning allows for a wide range of uses, with the potential to incorporate existing structures into new projects. RiNo is a cultural hub, featuring over 45 art studios and galleries, 160 bars and restaurants, 25 breweries, wineries, and distilleries, along with more than 400 hotel rooms that draw residents and visitors to the area.
The area is experiencing strong growth, with 9.82% growth in population since 2020 and an expected increase of 4,908 people by 2029. This population is well educated, with 60% holding a bachelor's degree and 75% employed in white-collar jobs. This base results in an average household income within a three mile radius of $132,581, making it an attractive location for commercial and residential development.
Strategically positioned just a mile from Downtown Denver, the site offers convenient access to major attractions such as Coors Field, Mission Ballroom, and the National Western Center. The Downtown area boasts over 145,000 employees, with 18,568 full-time employees within one mile of 3134 Walnut St.
The area is experiencing strong growth, with 9.82% growth in population since 2020 and an expected increase of 4,908 people by 2029. This population is well educated, with 60% holding a bachelor's degree and 75% employed in white-collar jobs. This base results in an average household income within a three mile radius of $132,581, making it an attractive location for commercial and residential development.
Strategically positioned just a mile from Downtown Denver, the site offers convenient access to major attractions such as Coors Field, Mission Ballroom, and the National Western Center. The Downtown area boasts over 145,000 employees, with 18,568 full-time employees within one mile of 3134 Walnut St.
PROPERTY FACTS
| Price | $3,950,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.43 AC |
| Property Type | Land | ||
| Zoning | I-MX-5 - Industirial Mixed-Use District | ||
| Price | $3,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.43 AC |
| Zoning | I-MX-5 - Industirial Mixed-Use District |
1 LOT AVAILABLE
Lot
| Price | $3,950,000 | Lot Size | 0.43 AC |
| Price Per AC | $9,191,347.57 |
| Price | $3,950,000 |
| Price Per AC | $9,191,347.57 |
| Lot Size | 0.43 AC |
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 2275-06-031 | Improvements Assessment | $280 |
| Land Assessment | $966,290 | Total Assessment | $966,570 |
PROPERTY TAXES
Parcel Number
2275-06-031
Land Assessment
$966,290
Improvements Assessment
$280
Total Assessment
$966,570
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3134 Walnut St
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