12350 64Th AveArvada, CO 80004

  • Retail properties
  • 55,686 SF
For Lease

Property Details for 12350 64Th Ave

Year built
1977
Construction
STEEL FRAME
Lot size
8.15 AC
Property size (Sq ft)
55,686 SF
Property type
Retail properties
Property subtype
Strip malls
APN
39-081-29-002
APU
3908129002

Description

This exceptional retail opportunity presents 1,200 square feet of vacant space within the 82,570-square-foot Ralston Square strip center located at 12350 W 64th Ave, Arvada, CO 80004, in Jefferson County. The property boasts excellent visibility and accessibility, benefiting from strong surrounding demographics. A leading grocery store anchors the center, driving significant foot traffic and providing a robust customer base for neighboring businesses. The single available suite offers immediate occupancy and presents a unique chance to establish or expand a retail presence in a thriving Arvada community. The property is classified as a multi-tenant retail strip center. The total building size is a substantial 82,570 square feet, indicating a well-established and successful retail environment. This prime location offers an unparalleled opportunity for businesses seeking high visibility and a strong customer base. The available space is ideal for a variety of retail uses, and its proximity to a major grocery store ensures consistent customer flow. This is a rare opportunity to secure a space in a well-established center with a proven track record of success. The 1,200 square foot space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,043,567
    6.5%
    $13,886,370
    7%
    $12,894,486
  • Comparable approach

    Method
    Valuation
    Relative Method
    $28,557,680
    Geo Method
    $11,593,959
  • Alternative Use

    Use
    Valuation
    Residential
    $11,713,672
    Hospitality
    $10,729,661
    Educational
    $8,926,952
    Medical
    $9,233,964
    Retail
    $13,886,370
12350 64Th Ave, Arvada, Colorado

Location Insight

City
Arvada
County
Jefferson
State
Colorado
Latitude
39.8117
Longitude
-105.137
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$347,323
$1,238,286
$2,342,512
$3,580,798
-
$4,438,300
$8,426,100
$12,864,400

FAQs

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