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970 Federal Blvd 0.97 Acres of Commercial Land Offered at $6,900,000 in Denver, CO 80204

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INVESTMENT HIGHLIGHTS

  • 0.97 ac (42,419 SF) within the West Area Plan
  • Rezoned to C-MX-8 for 8 story development (12 stories with affordable incentives)
  • Located near multiple bus and train stations for transportation around the City.
  • 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.

EXECUTIVE SUMMARY

This property offers an excellent development opportunity at the northeast corner of Federal Boulevard and 9th Avenue. The Sun Valley Neighborhood site is 0.97 acres or 42,419 SF and elevated above the eastern parcels offering ground level city and mountain views. Located in both Opportunity & Enterprise Zones, the site was recently rezoned to C-MX-8 to allow for an 8-story mixed-use development with the potential for 12-stories through affordable housing incentives.

PROPERTY FACTS

Price $6,900,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Hospital
Total Lot Size 0.97 AC
Opportunity Zone Yes
Zoning C-MX-8 - 950 & 970 Federal: C-MX-8 (+12) (rezone finalized in January 2025; supported by neighborhood associations)

1 LOT AVAILABLE

Lot

Price $6,900,000
Price Per AC $7,113,402.06
Lot Size 0.97 AC

Development Land Total Property: 0.97 Acres / 42,419 SF 950 Federal Blvd: 19,723 SF 970 Federal Blvd: 22,696 SF Total Building: 5,780 SF

DESCRIPTION

-- 0.97 ac (42,419 SF) within the West Area Plan -- Rezone process completed in January 2025 to C-MX-8 for 8 story development (12 stories with affordable incentives) for the parcels -- 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.

Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5054-16-048
  • 5054-16-050
Land Assessment
$456,640
Improvements Assessment
$56,750
Total Assessment
$513,390
  • Listing ID: 33662717

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 970 Federal Blvd, Denver, CO 80204

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