7805 38Th AveWheat Ridge, CO 80033

Property Details for 7805 38Th Ave

Year built

1978

Construction

STEEL FRAME

Lot size

0.50 AC

Property size (Sq ft)

3,052 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

39-233-00-045

APU

3923300045

Description

This exceptional 3,052 square foot medical office building, located at 7805 W. 38th Ave in Wheat Ridge, Colorado, presents a unique leasing opportunity. Situated on a generous 21,780 square foot lot, this single-tenant property offers complete flexibility for a medical practice seeking a well-established location. Built in 1978, the building is currently entirely vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's zoning is RC (Wheat Ridge), within Jefferson County, and boasts ample space for patient parking and potential expansion. The address is conveniently located in Wheat Ridge, CO, zip code 80033, offering easy access for patients and staff. This is an ideal opportunity for a medical practice seeking a standalone building with significant square footage in a desirable location. The entire 3,052 square feet is available for lease, providing a substantial footprint for a growing medical business. The property's location offers excellent visibility and accessibility, making it an attractive option for attracting new patients. This is a rare chance to secure a well-positioned medical office building in a thriving community. Interested parties should inquire promptly to explore this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $560,883

  6.5%

  $517,738

  7%

  $480,757

• Comparable approach

  Method

  Valuation

  Relative Method

  $621,099

  Geo Method

  $252,156

• Alternative Use

  Use

  Valuation

  Residential

  $641,995

  Hospitality

  $588,064

  Educational

  $489,262

  Medical

  $506,089

  Retail

  $761,075

Location Insight

City

Wheat Ridge

County

Jefferson

State

Colorado

Latitude

39.7699

Longitude

-105.084

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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