Listed by BellStreet
$1,600,000
3701 & 3729 Walnut St - Land Assemblage
Details
APN 2271-02-026
Property Type Land, Mixed Use
Sub Type Commercial, Residential
Square Footage 1,170
Net Rentable (SqFt) 1,170
Units 1
Cap Rate 2.25%
NOI $36,000
Occupancy 100%
Price per SqFt $1,368
Class C
Year Built 1927
Buildings 1
Stories 1
Acreage 0.070
Zoning C-MX-12
Investment Type Redevelopment
Occupancy Date 10/20/2022
Ownership Private
Downtown Denver Covered Land Opportunity
Marketing description
Amazing covered land opportunity in Denver’s red hot RiNo neighborhood!
Land with income.
Can be redeveloped in 2028.
This 1,170 SF building is a significantly underdeveloped parcel in RiNo, one of Denver’s most in-demand downtown neighborhoods. The site is zoned for 12-story mixed use development and is already surrounded by high rise apartments.
Investment highlights
Land with cash flow
Owner Financing Available
Prime Downtown Denver location
12-story mixed use zoning
Listing Contacts
Listed by BellStreet
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,000.00
$3,000.00/mo
Valuation Metrics
0
DSCR
2.25%
Cap Rate
2.25%
ROI
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