11005 Ralston RdArvada, CO 80004

  • Healthcare properties
  • 9,743 SF
For Sale
$1,999,000 View listing

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
11005 Ralston Rd, Arvada, Colorado

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

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
$2,916
$30,063
-
$30,063
-
$118,516
$19,236
$137,752

FAQs

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