For Sale
$1,999,000

11005 Ralston RdArvada, CO 80004

20,250 SF Medical Office, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 20,250-square-foot Class C medical office building presents a compelling investment opportunity in Arvada, Colorado. Located at 11005 Ralston Rd, 80004, this two-story building sits on a 1.8-acre lot and boasts ample parking (120 spaces, including a detached oversized garage), providing 5.93 spaces per 1,000 square feet. Previously used as a medical/dental center, the property offers significant redevelopment potential under its Mixed-Use Neighborhood (MX-N) zoning. This zoning allows for diverse uses, including medical offices, multifamily housing, and educational facilities, catering to the growing demand in the Northwest Denver submarket. The building features robust mechanical, electrical, and plumbing (MEP) infrastructure, minimizing redevelopment costs. Priced at $1,999,000 ($98.72/sq ft), this property represents a below-market value opportunity for significant appreciation. Its prime location in Arvada, with excellent visibility and accessibility, combined with the area's low vacancy rates and high demand for mixed-use developments, makes this a truly unique investment prospect. Built in 1973, the property's Jefferson County location (APN 300020721) offers investors a chance to capitalize on the current market trends and contribute to Arvada's thriving community.

Highlights

  • MX-N zoning allows diverse uses including medical, multifamily, and educational facilities.
  • Northwest Denver location offers low vacancy and high demand for commercial/residential development, near transit and amenities.
  • 20,250 SF of existing office space with robust MEP infrastructure reduces redevelopment costs.
  • Ralston Rd location in Arvada provides excellent visibility and accessibility within the Northwest Denver submarket.
  • Strong market demand for mixed-use projects, driven by residential supply shortage and successful nearby developments.

Property Details for 11005 Ralston Rd

Property type
Office properties, Medical offices
Square Feet
20,250 SF
Class
C
Year Built
1973
Stories
2
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Arvada
County
Jefferson
State
Colorado
Latitude
39.8133649
Longitude
-105.1217384
11005 Ralston Rd, Arvada, Colorado

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11005 Ralston Rd
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