10190 Bannock StNorthglenn, CO 80260

  • Office properties
  • 47,630 SF
For Lease
$22/SF/YR View listing

Property Details for 10190 Bannock St

Year built
1980
Lot size
2.66 AC
Property size (Sq ft)
47,630 SF
Property type
Office properties
Property subtype
Office buildings
APN
R0041733
APU
R0041733

Description

This exceptional Northglenn office building, located at 10190 Bannock St, offers 47,705 square feet of prime commercial space. Built in 1980 and extensively renovated in 2020, the property boasts a Class B designation and features a convenient location off 104th and I-25 in Adams County, Colorado (zip code 80260). The building is zoned for Commercial Auto-Oriented use, making it highly accessible. Multiple tenancy options are available, with a minimum divisible space of 643 square feet and a maximum contiguous space of 6,895 square feet. Currently, 6,859 square feet is vacant and ready for immediate occupancy. The building offers flexible build-to-suit options to accommodate various tenant needs. Amenities include attractive outdoor sitting areas, a brand-new Variable Refrigerant Flow (VRF) HVAC system ensuring climate control, and recently updated landscaping. Ample parking is provided, with a ratio of 3.5 spaces per 1,000 square feet. This property presents a unique opportunity for businesses seeking modern, adaptable office space in a desirable Northglenn location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,379,988
    6.5%
    $10,504,605
    7%
    $9,754,276
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,507,061
    Geo Method
    $3,935,190
  • Alternative Use

    Use
    Valuation
    Residential
    $13,025,710
    Hospitality
    $11,931,480
    Educational
    $9,926,851
    Medical
    $10,268,251
    Retail
    $15,441,769
10190 Bannock St, Northglenn, Colorado

Location Insight

City
Northglenn
County
Adams
State
Colorado
Latitude
39.8809
Longitude
-104.989
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
$234,437
$387,480
$1,468,710
$1,856,190
-
$1,388,815
$5,264,185
$6,653,000

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