DENVER, CO – [May 28, 2025] – Blue West Capital has completed the sale of a redevelopment site located at 3800 West Colfax Avenue, Denver, CO for $1,200,000, equating to $85 per square foot of land. Bryce McNeely represented the purchaser in the transaction, a private local developer. The seller was a religious nonprofit organization.
The 14,125-square-foot site is slated for redevelopment into a 38-unit multifamily project. Positioned along the highly trafficked West Colfax Avenue and surrounded by a dense residential population, the site offers convenient access to Downtown Denver and the Sloan’s Lake neighborhood—key factors that attracted the buyer.
Happy to be a part of a successful closing and help source a site for my client’s development project. Opportunities for infill multifamily developments like this are increasingly rare in Denver, and I’m excited to see a neglected property transformed into a new residential community.
Bryce McNeely, Associate
PR Contact
Bryce McNeely
(720) 738-0037
Bryce@BlueWestCapital.com
About Blue West Capital
Blue West Capital is a commercial real estate advisory firm based in Denver, CO, specializing in maximizing property value, streamlining transactions, and enhancing client outcomes through industry expertise and integrated technology.
Our Services:
- Seller Representation: Customized strategies to optimize property sales.
- Buyer Representation: Access to exclusive investment opportunities.
- Tenant & Landlord Representation (Leasing): Expert guidance through the leasing process.
- 1031 Exchange: Real-time advisory and efficient tax-deferred exchanges.
- Sale-Leaseback: Strategic solutions tailored to client goals.
- Transaction Management: Secure and seamless deal execution.
- Debt & Structured Finance: Customized financing through extensive lending relationships.
Blue West Capital’s market knowledge and client-first approach make us a trusted partner in navigating complex commercial real estate transactions. Let's connect!
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