8170 80Th AveArvada, CO 80005

  • Commercial real estate
  • 1,260 SF
For Sale
$2,500,000 View listing

Property Details for 8170 80Th Ave

Year built
1985
Construction
STEEL FRAME
Lot size
0.28 AC
Property size (Sq ft)
1,260 SF
Property type
Commercial real estate
APN
29-352-02-002
APU
2935202002

Description

This fee-simple convenience store in Arvada, Colorado presents a compelling investment opportunity. Located at 8170 W 80th Ave, this owner-user property boasts 1,260 square feet on a 12,197 square foot lot (APN 29-352-02-002). Built in 1985, the single-story building has recently undergone renovations, including new shelving, a cooler, and an updated electrical panel, increasing merchandise capacity. The property features four dual-dispensing gas pumps, complete with an EMV upgrade, a new spill bucket, probe, and concrete. Benefitting from high visibility on West 80th Avenue, with 37,956 vehicles passing daily, this location enjoys excellent proximity to major retailers such as Target, King Soopers, Safeway, and Sprouts, ensuring consistent traffic from daily needs shoppers. The asking price is $2,500,000, representing a price per square foot of $1,984.13 and a strong 10.30% cap rate with a Net Operating Income (NOI) of $257,584. This turnkey operation offers a significant return on investment for the savvy buyer. The property is situated in Jefferson County, Colorado, zip code 80005.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $355,444
    Hospitality
    $325,584
    Educational
    $270,882
    Medical
    $280,198
    Retail
    $421,373

Location Insight

City
Arvada
County
Jefferson
State
Colorado
Latitude
39.8414
Longitude
-105.089
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
$1,474
-
$15,194
$15,194
-
-
$84,459
$84,459

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