7703 Ralston RdArvada, CO 80002

Property Details for 7703 Ralston Rd

Year built

1883

Construction

FRAME

Lot size

0.15 AC

Property size (Sq ft)

2,326 SF

Property type

Office properties

Property subtype

Office buildings

APN

39-113-12-034

APU

3911312034

Description

This stunning 3,422 sq ft historic property, built in 1883, is located in the heart of Olde Town Arvada at 7703 Ralston Rd, Jefferson County, CO 80002. The property boasts beautiful hardwood floors, leaded glass chandeliers, and abundant natural light. Currently configured as mixed-use space, the main level (1166 sq ft) offers retail space with a flexible lease, easily reconfigured into four individual offices. The second level (1166 sq ft) mirrors this layout, also adaptable to four separate offices. A 200 sq ft loft provides additional office space. An 896 sq ft unfinished basement offers significant storage or expansion potential. The property includes seven parking spaces and sits on a .28-acre lot (12,197 sq ft) with mature trees and mountain views. The building is zoned OT-RR (Olde Town Ralston Road Mixed Use Business Enterprise District), allowing for live/work options or potential multifamily conversion. Currently 50% occupied, with one lease expiring in November 2024, this presents a unique opportunity for owner-users or investors. The property's prime location offers excellent visibility on Ralston Road, proximity to Olde Town amenities, and easy access to light rail, bus routes, and I-70. The asking price is $1,700,000 ($496.79/sq ft), with a net rentable area of 2,526 sq ft. The potential for rooftop patio expansion adds further value. This is a rare chance to acquire a piece of Arvada's history with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $427,462

  6.5%

  $394,580

  7%

  $366,396

• Comparable approach

  Method

  Valuation

  Relative Method

  $473,354

  Geo Method

  $192,174

• Alternative Use

  Use

  Valuation

  Residential

  $489,279

  Hospitality

  $448,177

  Educational

  $372,878

  Medical

  $385,702

  Retail

  $580,033

Location Insight

City

Arvada

County

Jefferson

State

Colorado

Latitude

39.8023

Longitude

-105.083

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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