835 E 50TH AVE

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835 E 50TH AVE

DENVER, CO 80216-2008
Asking Price
$3.50M
Asset Type
Commercial Land
Class
Class B

What's Special

Prime Globeville Infill Development Site | I-A Zoning | Opportunity Zone <ul><li>​±0.67-acre (29,400 SF) cleared, shovel-ready infill site</li><li>​I-A (Industrial Mixed-Use) zoning supports a wide range of high-value uses</li><li>​Opportunity Zone designation with potential tax advantages</li><li>​2.0 FAR and up to 75-foot height allowance</li><li>​Strategic infill location with immediate access to I-25 & I-70</li><li>​Dual access via E. 50th Ave and E. 51st Ave enhances site functionality</li><li>​Located two blocks from Crossroads Commerce Park</li><li>​Benefiting

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

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