5500 Newport St, Commerce City, CO 80022

3 beds1 bath2,400 sqft

For Sale
$250,000
Zestimate®: $232,099
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My Notes

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I-2 Zoning. 2400 sq ft building on .38 acre lot. Perfect for set up Landscapers, Contractors etc...Stop paying storage lot rent! Ideal for Industrial condo units. Move your business here. Fix up or scrape. Currently a duplex configuration 5500 and 5506 Newport. Rear unit used as work shop /storage. Individual Utilities service and water meters for each unit. Fenced yard with drive thru gate. All adjacent neighboring properties are also Zoned I-2. Lots of opportunity to reconfigure to fit your needs. Best price on Light Industrial in area. Act quickly-Not many of these types of properties available. Buyer to verify zoning use of land and improvements. Owner may carry with strong down payment.

Facts

  • Lot: 0.38 acres
  • Multi Family
  • Built in 1942
  • 249 days on Zillow
  • Cooling: None
  • Heating: Other
  • Price/sqft: $104
  • MLS #: 1567578

Features

  • Fireplace
  • Lawn
  • Parking: 10 spaces

Construction

  • Construction quality: 4.0
  • Roof type: Other
  • Room count: 8
  • # Stories: 1.0
  • Structure type: Ranch
  • Unit count: 2

Other

  • Floor size: 2,400 sqft
  • Last remodel year: 1942
  • Lot depth: 167
  • Lot width: 100
  • Parcel #: R0092263
  • Zillow Home ID: 13017719

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$232,099
+$1,404 Last 30 days
$216K
$253K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,557/mo
-$9 Last 30 days
$1.3K
$1.9K
Zestimate range
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Popularity on Zillow

1,307 views since listing
1,337 all-time (chart)
3 shoppers saved
this home to their list of favorites
 

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Neighborhood

Market guide

Zillow predicts 80022 home values will increase 8.2% next year, compared to a 5.2% increase for Commerce City as a whole. Among 80022 homes, this home is 38.1% more expensive than the midpoint (median) home, but is priced 24.6% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 80022, the number of foreclosures waiting to be sold is 44.7% lower than in Commerce City, and 109.2% higher than the national average. This lower local number could help 80022 home values rise more quickly than other regions in Commerce City.

Learn more about forecast calculations or 80022 home values.
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    Nearby Schools in Commerce City

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org