6401 72Nd AveCommerce City, CO 80022

  • Office buildings
  • 1,634 SF
For Lease
$20/SF/YR View listing

Property Details for 6401 72Nd Ave

Year built
1949
Lot size
0.34 AC
Property size (Sq ft)
1,634 SF
Property type
Office buildings
APN
R0079409
APU
R0079409

Description

This exceptional office property at 6401 E 72nd Ave presents a fantastic opportunity for a growing business. The property consists of two buildings totaling 4,744 square feet, built in 1949 and renovated in 1963, situated on a 0.34-acre lot. Currently, there is 393 square feet of immediately available space, ideal for an insurance, tax, or other professional services company seeking a convenient and well-maintained location. The open-plan layout offers flexibility and efficiency. The property features ample off-street parking, a significant advantage in this area. Security is enhanced by a secured building and a prominent marquee listing board. The location provides easy access to major thoroughfares including Vasquez Boulevard, Colorado Boulevard, and Quebec Street, ensuring convenient commutes for employees and clients. The property is zoned PUD (Planned Unit Development). While there are no elevators, the building is only two stories. This is a multi-tenant building offering a blend of traditional and executive office spaces. This property is perfect for a business seeking a well-located, functional, and secure office space with excellent visibility. Don't miss this chance to secure your ideal office location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $390,403
    6.5%
    $360,372
    7%
    $334,631
  • Comparable approach

    Method
    Valuation
    Relative Method
    $429,069
    Geo Method
    $135,001
  • Alternative Use

    Use
    Valuation
    Residential
    $446,861
    Hospitality
    $409,323
    Educational
    $340,552
    Medical
    $352,264
    Retail
    $529,747

Location Insight

City
Commerce City
County
Adams
State
Colorado
Latitude
39.8275
Longitude
-104.913
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
$20,520
$27,200
$201,100
$228,300
-
$97,500
$720,800
$818,300

FAQs

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