Multifamily
4975-4979 King St
4975 King St, Denver, CO 80221
Listing Price: $800,000
Investment Overview
Marcus & Millichap is pleased to present 4575–4579 N King St, a unique two-parcel residential and redevelopment opportunity in Northwest Denver offered at $800,000. Comprising approximately 9,017 square feet of land across two separate lots, the property provides an attractive basis of just $400,000 per parcel and benefits from flexible R-3 zoning that supports multiple investment strategies, including maintaining the existing residences, pursuing individual parcel development, or executing a higher-density redevelopment with potential building heights up to five stories and reduced parking requirements. Supported by nearby residential sales averaging approximately $522,000, the offering presents strong underlying land value and significant long-term upside. Located near Regis University with convenient access to Downtown Denver, 4575–4579 N King St offers investors, developers, and owner-users a rare opportunity to acquire a well-positioned Northwest Denver asset with both immediate utility and future redevelopment potential.
4975-4979 King St
Investment Highlights
- Prior 18-unit development plan and eliminated parking minimums create a rare opportunity to increase density and maximize redevelopment potential.
- Two separately platted parcels totaling 9,017 SF offer flexibility for redevelopment, resale, phased execution, or long-term hold strategies.
- Prime Northwest Denver location adjacent to Regis University with income-producing homes providing cash flow during entitlement and planning.
Listing Price: $800,000
Investment Highlights
- Prior 18-unit development plan and eliminated parking minimums create a rare opportunity to increase density and maximize redevelopment potential.
- Two separately platted parcels totaling 9,017 SF offer flexibility for redevelopment, resale, phased execution, or long-term hold strategies.
- Prime Northwest Denver location adjacent to Regis University with income-producing homes providing cash flow during entitlement and planning.
Investment Overview
Marcus & Millichap is pleased to present 4575–4579 N King St, a unique two-parcel residential and redevelopment opportunity in Northwest Denver offered at $800,000. Comprising approximately 9,017 square feet of land across two separate lots, the property provides an attractive basis of just $400,000 per parcel and benefits from flexible R-3 zoning that supports multiple investment strategies, including maintaining the existing residences, pursuing individual parcel development, or executing a higher-density redevelopment with potential building heights up to five stories and reduced parking requirements. Supported by nearby residential sales averaging approximately $522,000, the offering presents strong underlying land value and significant long-term upside. Located near Regis University with convenient access to Downtown Denver, 4575–4579 N King St offers investors, developers, and owner-users a rare opportunity to acquire a well-positioned Northwest Denver asset with both immediate utility and future redevelopment potential.
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