The Manor House Motel is now a vacant lot, but within the last year it was still standing. See this on Google Maps: https://www.google.com/maps/@39.7397929,-104.8410197,175m/data=!3m1!1e3 It's a long white-roof building along with a short red-roof building next to the Diamond Shamrock. The address was either 12700 E Colfax or 12590 E Colfax, since at some point it was renumbered. It used to also be known as Comb's Manor House. I'm trying but can't find a postcard from the '50s.
Anyhow, now it is world famous as a motel where the manager spied on thousands of people having sex. See http://www.dailymail.co.uk/news/article-3529030/Colorado-motel-owner-secretly-watched-hundreds-guests-sex-29-YEARS-wives-supported-him.html and http://www.newyorker.com/magazine/2016/04/11/gay-talese-the-voyeurs-motel
This is not something to be proud of, but it's a lot more interesting that the vacant lot that is there now.
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Update: The vacant lot at 12700 E Colfax Ave was sold on 11/17/14 for $775,000. Since the area is only about 0.64 acres, the price per acre is about $1.2 million. All for a vacant lot.
I would argue that this is a very bad investment. The owner has to pay property taxes, so this has negative cash flow. The owner obviously doesn't have a development plan or the cash to do it. So he is just holding it until someone else wants it. He could be waiting a very long time. This is a small piece of land and right next to a gas station, so options are limited. The only thing that would justify the land price would be a high-rise office building.
And there isn't enough demand to justify building an office building just a few blocks away at Fitzsimons 200, which even has a parking garage already built.
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