6890 Lowell Blvd - Self-Storage Facilities FOR SALE


Denver, CO 80221- Midtown Denver
$2,650,000 USD
303-512-1194
6890 Lowell Blvd, Denver, CO for Sale
$2,650,000 USD
Self-Storage Facilities - FOR SALE
1/7
null | 2.56% Cap Rate

6890 Lowell Blvd
Denver, CO 80221
Midtown Denver


HIGHLIGHTS

  • Contact Broker for Pricing and Information on Development Opportunity
  • +/- 4 Acres Between 5 Parcels
  • Land Use Assumptions Below: *Assumptions are Based off Discussions with the City of Westminster
  • Annexation into Westminster - already a stated goal within the city’s comp plan
  • Rezone to General Neighborhood Mixed Use - Zoning allows for Single Family, Townhomes, or Multi-Family
  • Ability to go up Four (4) Stories with Eighteen (18) Dwelling Units/Acre (Higher Density Possible

OVERVIEW

Transit-Oriented Covered Land Play: High-quality infill location with a quick path to entitlements, all generating stable self-storage income. Assemblage Opportunity: Ability to acquire adjacent parcels and control a contiguous site of approximately ±4 acres. Strong Upside in Income: Significant opportunity to increase revenue through lease-up of vacant units and management optimization. High Barriers to Entry: Limited availability of comparable land parcels in the immediate area enhances long-term value at scale - see page 2 for assemblage opportunity. Annexation & Redevelopment Potential: Property can be annexed into the City of Westminster, unlocking zoning that allows up to ±18 units per acre, creating a highly desirable for-sale or for-rent housing community. Contact Brokers for path to entitlements.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

2.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lowell Mini Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

C-5

APN/PARCEL ID

1825-05-2-00-010

ASK ABOUT THIS PROPERTY

Michael DeSantisUnique Properties, Inc.More Info
303-512-1194

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Michael DeSantisUnique Properties, Inc.More Info
303-512-1194

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.