7900 44Th AveWheat Ridge, CO 80033

  • Office properties
  • 14,906 SF
For Sale
$280,000 View listing

Property Details for 7900 44Th Ave

Year built
1986
Construction
STEEL FRAME
Lot size
0.03 AC
Property size (Sq ft)
14,906 SF
Property type
Office properties
APN
39-233-02-002
APU
3923302002

Description

This exceptional C-Class creative office building, located at 7900 W 44th Avenue in Wheat Ridge, Colorado, presents a unique investment opportunity. Priced at $280,000, this 2,385 square foot property boasts five units within a single, one-story building constructed in 1986. The building sits on a C-1 zoned lot and offers prominent monument signage along 44th Avenue, ensuring high visibility. The interior layout is currently configured as a dental practice, featuring a main level with four operatories, a reception area, waiting room, office, half bathroom, darkroom, and lab. A lower level provides additional space including a large meeting room, a full bathroom with shower, a spacious private office, and ample storage. The main floor features attractive vaulted ceilings. Each unit benefits from a private exterior entrance. With its convenient location in Jefferson County, 80033, and its versatile layout, this property is ideal for a variety of professional uses. The asking price of $117.40 per square foot represents a compelling value in the current market. This is a rare opportunity to acquire a well-maintained, established property with significant potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,739,357
    6.5%
    $2,528,637
    7%
    $2,348,020
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,033,454
    Geo Method
    $1,231,534
  • Alternative Use

    Use
    Valuation
    Residential
    $3,135,510
    Hospitality
    $2,872,110
    Educational
    $2,389,562
    Medical
    $2,471,743
    Retail
    $3,717,096

Location Insight

City
Wheat Ridge
County
Jefferson
State
Colorado
Latitude
39.7763
Longitude
-105.085
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
$9,026
-
$103,236
$103,236
-
-
$400,020
$400,020

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