Denver development site

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Denver County

Property Location: 3705 & 3755 Ringsby Court, Denver

Property Description: 8,120-square-foot warehouse, YOC 1974; 6,511-sf warehouse, YOC 1973 (redevelopment land value)

Land Size: 238,949 sf, or 5.49 acres

Sales Price: $7.3M, or $30.55 per sf

Reception No: 2016065983

Closing Date: 5/20

Grantor: Ready Mixed Concrete Co. & Sprat-Platte Ranch Company LLLP, Robert P. Kepford, mgr.

Grantee: Taxi North LLC, Mickey & Kyle Zeppelin, mgrs., 3455 Ringsby Court, Suite 100, Denver 80216, 303-573-0781

Financing: $6M payable to Collegiate Peaks Bank, due 5-19-21

Comments: See APN: 02224-00-100 = 180,863 sf; 02224-00-079 = 59,766 sf (County shows 240,629 sf where deed recites 238,949 from survey. The property is located on the west corner of Washington Street & Ringsby Court intersection and is considered land value.

Comp of the Day is provided by by John V. Winslow, president of WinComps LLC. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or [email protected]

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