6210 Carr StArvada, CO 80004

Property Details for 6210 Carr St

Year built

1963

Construction

STEEL FRAME

Lot size

0.48 AC

Property size (Sq ft)

2,041 SF

Property type

Automotive properties

APN

39-112-08-040

APU

3911208040

Description

This exceptional 2,041 square foot retail building, situated on a 0.482-acre corner lot in Arvada, Colorado, presents a compelling investment opportunity. Located at 6210 Carr Street, 80004, this single-story structure boasts a desirable MX-N zoning designation, offering flexibility for a variety of uses. Currently vacant with an occupancy date of March 8, 2024, the property is ideally positioned near Olde Town Arvada and surrounded by new residential developments, ensuring high foot traffic and visibility. The asking price is $950,000, translating to $465.46 per square foot. The property's prime location, combined with its size and zoning, makes it suitable for redevelopment, a full interior remodel to preserve its mid-century style, or immediate occupancy by a new tenant. This is a rare opportunity to acquire a well-located retail property in a thriving Arvada neighborhood. The lease type is NNN.

• CAP approach

  CAP return

  Valuation

  6%

  $551,376

  6.5%

  $508,962

  7%

  $472,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,046,694

  Geo Method

  $424,941

• Alternative Use

  Use

  Valuation

  Residential

  $429,329

  Hospitality

  $393,263

  Educational

  $327,190

  Medical

  $338,443

  Retail

  $508,962

Location Insight

City

Arvada

County

Jefferson

State

Colorado

Latitude

39.8102

Longitude

-105.09

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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