11005 Ralston RdArvada, CO 80004
- Healthcare properties
- 9,743 SF
Property Details for 11005 Ralston Rd
- Year built
- 2014
- Lot size
- 1.81 AC
- Property size (Sq ft)
- 9,743 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 39-043-00-020
- APU
- 3904300020
Description
This exceptional 20,250-square-foot Class-C office building presents a compelling redevelopment opportunity in Arvada, Colorado. Currently configured as a medical/dental facility, the property sits on a substantial 1.8-acre lot and offers significant upside potential. Priced competitively below market average, this asset promises strong value appreciation. The building boasts robust mechanical, electrical, and plumbing (MEP) infrastructure, making it well-suited for adaptive reuse. Its Mixed-Use Neighborhood (MX-N) zoning allows for a diverse range of uses, including medical offices, multifamily housing, educational facilities, and more. Ample parking is a key feature, with 120 spaces, including a detached oversized garage. The current layout and extensive parking enhance its appeal for various commercial and residential projects. Located in the thriving Northwest Denver submarket, this property benefits from low vacancy rates and high demand for mixed-use developments. This strategic location within Arvada offers investors a chance to capitalize on the area's growth and create a dynamic project that meets the community's evolving needs. Don't miss this chance to acquire a versatile and strategically positioned property in a rapidly developing area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,790,524
- 6.5%
- $1,652,792
- 7%
- $1,534,735
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,982,755
- Geo Method
- $804,967
-
Alternative Use
- Use
- Valuation
- Residential
- $2,049,462
- Hospitality
- $1,877,296
- Educational
- $1,561,888
- Medical
- $1,615,604
- Retail
- $2,429,604
Location Insight
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Latitude
- 39.8135
- Longitude
- -105.122
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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