6655 Wadsworth BlvdArvada, CO 80003

  • Retail space
  • 16,609 SF
For Sale
$3,350,000 View listing

Property Details for 6655 Wadsworth Blvd

Year built
1984
Construction
STEEL FRAME
Lot size
1.55 AC
Property size (Sq ft)
16,609 SF
Property type
Retail space
APN
39-023-06-004
APU
3902306004

Description

This exceptional free-standing retail building, located at 6655 Wadsworth Blvd in Arvada, Colorado, presents a unique owner-user opportunity. Boasting 16,609 square feet of space on a substantial 67,709 square foot lot, this property offers ample parking and unparalleled visibility on Wadsworth Boulevard, a high-traffic artery with 54,390 vehicles passing daily at the nearby intersection of Wadsworth and 67th Ave. Built in 1984, the single-story building is zoned MX-U (Mixed Use Urban), allowing for versatile business applications. Its prime location in Arvada, coupled with convenient access to I-70, ensures strong community presence and easy accessibility. The asking price is $3,350,000, translating to $201.70 per square foot. Monument signage is available on Wadsworth Boulevard, providing maximum brand exposure. Currently vacant, this property is ready for immediate occupancy and offers a chance to establish a thriving business in a vibrant Colorado community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,486,920
    6.5%
    $4,141,772
    7%
    $3,845,931
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,517,662
    Geo Method
    $3,458,034
  • Alternative Use

    Use
    Valuation
    Residential
    $3,493,740
    Hospitality
    $3,200,247
    Educational
    $2,662,568
    Medical
    $2,754,138
    Retail
    $4,141,772

Location Insight

City
Arvada
County
Jefferson
State
Colorado
Latitude
39.8176
Longitude
-105.083
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
$52,010
$443,934
$92,276
$536,210
-
$1,591,162
$360,738
$1,951,900

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