7903 Ralston RdArvada, CO 80002

Property Details for 7903 Ralston Rd

Year built

1968

Construction

BRICK

Lot size

0.20 AC

Property size (Sq ft)

1,870 SF

Property type

Office properties

Property subtype

Office buildings

APN

39-113-12-020

APU

3911312020

Description

This single-tenant, 1,980-square-foot creative office space is located in the vibrant Olde Town Arvada, Colorado. Situated on a 0.25-acre lot, this charming building boasts a 2023 renovation, offering modern amenities within a historic setting. The property features an 8-foot ceiling height and is conveniently located near Olde Wadsworth Street, providing easy access to local businesses and attractions. The building is a single-story structure with a total of 10 parking spaces available. While there are no elevators, the space is easily accessible. The property is zoned MX-N and offers a minimum divisible space of 600 square feet, with a maximum contiguous space of 800 square feet. The entire 1,980 square feet is currently vacant and ready for immediate occupancy. Property taxes are $5.50 per square foot. Built in 1968, this Class C building offers a unique blend of historic charm and modern functionality, perfect for a creative business seeking a distinctive location in a thriving community. The property's central location within Olde Town Arvada provides easy access to the area's diverse array of shops, restaurants, and entertainment options.

• CAP approach

  CAP return

  Valuation

  6%

  $343,660

  6.5%

  $317,225

  7%

  $294,566

• Comparable approach

  Method

  Valuation

  Relative Method

  $380,555

  Geo Method

  $154,499

• Alternative Use

  Use

  Valuation

  Residential

  $393,359

  Hospitality

  $360,314

  Educational

  $299,777

  Medical

  $310,087

  Retail

  $466,320

Location Insight

City

Arvada

County

Jefferson

State

Colorado

Latitude

39.8023

Longitude

-105.085

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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