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Sold for $4,400,000 on 03/21/25
  • $4,400,000

    18503 E 57th Avenue, Denver, CO 80249

    --beds
    --baths
    5.42Acres
    Unimproved Land
    Built in ----
    5.42 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,222 Estimated rent

    What's special

    VIP Commercial Real Estate presents developers with a prime infill development opportunity along the Pena Blvd corridor, known as Denver International Airport’s “Gateway to Denver”. This 5.42 acre parcel, zoned C-MU-20, is ideally geared for strip center comprised of Restaurant, Retail, Convenience Store & Gas, other Commercial, or Multifamily Development. Parcels to the North, East, and South are substantially developed as multifamily and restaurant/retail centers. The 150 acre tract to the west has development plans pending for major Multifamily and King Soopers anchored Strip Center, sharply increasing exposure and area activity. The property is situated in a region experiencing explosive growth - just minutes from DIA, shipping & manufacturing centers, major hotel brands, and I-70 leading to Aurora and Central Denver. The previous Buyer had development plans for 140 residential condominium units nearly approved, and released the property from contract for unknown reasons. Pricing is net of conveyance, acreage has already been transferred to the city for the installation of the new 57th avenue, roadway is complete. Disclosure: Seller is related to Listing Broker. Any mineral rights shall not transfer with title, will be retained by Seller.

    Zillow last checked: 7 hours ago

    Listing updated: January 16, 2024 at 11:49am

    Listed by:

    Brian Furer 720-251-0778 brian@viprealestateco.com,

    VIP Real Estate LLC

    Bought with:

    Ayad Toma, 040021707

    RE/MAX Leaders

    Source: REcolorado,MLS#: 7522920MLS Logo

    Facts & features

    Property

    Features
    • Fencing: None
    Lot
    • Size: 5.42 Acres
    • Features: Level
    Details
    • Parcel number: 10222001
    • Zoning: C-MU-20
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Denver
    • Subdivision: Gateway

    Other

    Other facts
    • Listing terms: 1031 Exchange,Conventional,Other
    • Ownership: Individual
    • Road surface type: Paved
    Services availability