8910 58Th AveArvada, CO 80002

Property Details for 8910 58Th Ave

Year built

1969

Lot size

0.35 AC

Property size (Sq ft)

3,437 SF

Property type

Office buildings

APN

39-104-17-016

APU

3910417016

Description

This 6,948 square foot, two-story Class C office building located at 8910 W 58th Ave in Arvada, Colorado, is available for $945,000 ($136.01/SF). Built in 1969, the property is currently vacant and offers a unique opportunity for an owner-user. The building features 19 executive office suites, providing versatile space adaptable to various business needs. Ample parking is available for employees and visitors. Its strategic location within a prominent commercial hub in Jefferson County, CO 80002, offers easy access to major transportation routes. The property is well-maintained and move-in ready, with the potential for customization to meet specific business requirements. While previously fully leased, existing out-clauses allow for flexible occupancy by the new owner. This presents an excellent investment opportunity for those seeking office space or considering building development in a thriving Arvada commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $631,636

  6.5%

  $583,049

  7%

  $541,402

• Comparable approach

  Method

  Valuation

  Relative Method

  $699,449

  Geo Method

  $283,965

• Alternative Use

  Use

  Valuation

  Residential

  $722,980

  Hospitality

  $662,246

  Educational

  $550,981

  Medical

  $569,930

  Retail

  $857,082

Location Insight

City

Arvada

County

Jefferson

State

Colorado

Latitude

39.8018

Longitude

-105.097

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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