5107 - 5135 Emerson Street, Denver, CO, 80216

5107 - 5135 Emerson Street Denver, CO 80216

5107 - 5135 Emerson Street, Denver, CO, 80216
5107 - 5135 Emerson Street, Denver, CO, 80216
FOR SALE
Property Type:
Multifamily Land
Amount:
$4,995,000
Last Verified:
Nov 26, 2024

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Highlights

  • Located in a QCT and DDA
  • Adjacent to the multi-billion dollar National Western Stock Show development.
  • Located on the hard corner.
  • Could build up to 7 stories with affordable housing.
  • Across from the NEW Carpio Sanguinette Park
  • 5 separate parcels | Could be sold individually

Description

5107 - 5135 Emerson Street is a 48,445 square foot development lot located on the border of the Globeville and the Elyria-Swansea neighborhood. This property is in the path of development, as there is significant investments being made nearby. Recently the are a saw the completion of the 51st Avenue Bridge; this bridge was very important for connecting Globeville to the Sotck Show Complex. Across the street from the property, the City and County of Denver is getting ready to open the NEW 14 Acre Carpio Sanguinette Park. The city has big plans to transform this neighborhood from industrial to an urban community over the next several years.

Discover the vibrant potential of the area surrounding this Denver location. Situated near the bustling 47th and Washington commercial corridor, the property offers an attractive mix of local amenities and urban conveniences. Investors will appreciate the proximity to the National Western Complex, a key entertainment and event destination, as well as the burgeoning RiNo Arts District and its renowned galleries and boutiques. With easy access to major transit routes and the exciting transformation of the surrounding neighborhoods, this area presents a compelling opportunity for a Land/Multifamily investment in the heart of Denver's dynamic growth.

Lot Size: 1.11 acres


Documents

5107-5135 Emerson Street - Sales Brochure

Map of 5107 - 5135 Emerson Street, Denver, CO, 80216

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.