11005 Ralston RdArvada, CO 80004

Property Details for 11005 Ralston Rd

Year built

2014

Lot size

1.81 AC

Property size (Sq ft)

9,743 SF

Property type

Medical offices

Property subtype

Medical centers

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.

• 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

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