183 Unit Approved Site Plan

Property Description

RI Marketplace Online Auction April 7-9, 2025

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Marcus & Millichap is proud to offer 3777 Wynkoop, a ±0.353-Acre development site located at 3601 & 3763 Wynkoop Street (the “Property”) in Denver, CO. Located within Denver's RiNo Art District, the Property presents an investor the opportunity to acquire a piece of irreplaceable real estate in one of the most coveted areas of Denver at an attractive basis.

The offering is positioned on two parcels totaling ±0.353-Acres with direct frontage on 38th Street and Wynkoop Street and less than 2.5 miles from downtown Denver. The Property is situated within an area targeted by the Blake Street Area Plan for redevelopment into high-density, transit-oriented developments (Tod). The Property represents an exceptional transit-oriented development opportunity offering maximum density and height in one of the most sought-after development paths in the Denver area. The Property benefits from favorable zoning and layout for a high-rise residential or mixed-use transit-oriented development close to downtown Denver and adjacent to RTD Light Rail's A Line allowing for a wide array of uses at various densities. Originally zoned I-Mx-5, the Property benefits from a favorable location within the 38th and Blake Station Area Incentive Overlay (Io-1) effectively changing the zoning to I-Mx-12, which allows base heights of five stories up to 12 Stories, with 16 stories achievable with incentives. The seller has an approved site plan for a proposed 16-Story, 183-Unit apartment and mixed-use building (see document vault for details).

The RiNo Art District (River North) is one of Denver's fastest growing and most dynamic neighborhoods, blending industrial roots with a thriving arts, culture, and business scene. Located just north of downtown Denver, RiNo has transformed from a former warehouse and manufacturing district into a high-energy hub for creative industries, residential development, tech startups, and hospitality. The neighborhood benefits from strong mixed-use development activity, with new luxury residential, boutique office, retail, and hospitality projects. Since January 2022, 18 new properties have been delivered within 0.5 miles of the Property, with an additional 20 properties either proposed, planned, or under construction. The Property further benefits from a young and affluent population of ±181,947 residents with an average household income of ±$122,436 within a 3-mile radius. RiNo is one of the country's most sought-after investment markets, offering high-density mixed-use potential and a booming creative economy. With rising property values, strong rental demand, and ongoing urban revitalization, the district is primed for long-term appreciation and high-yield multi-family development.