469 Cherry StGlendale, CO 80246

Property Details for 469 Cherry St

Year built

1979

Construction

FRAME

Lot size

0.05 AC

Property size (Sq ft)

1,979 SF

Property type

Office buildings

APN

1973-18-2-15-001

APU

197318215001

Description

This exceptional 15,048 square foot medical office building, situated on a 0.68-acre lot at 469 S. Cherry Street in Glendale, Colorado, presents a unique leasing opportunity. Constructed in 1979, the property boasts a single, multi-tenant suite configuration, currently featuring 1,584 square feet of immediately available space. The building is zoned for commercial use and offers ample parking, with a ratio of 4 spaces per 1,000 square feet. The convenient location in Denver, Colorado, zip code 80246 (latitude 39.7078865, longitude -104.9338483), provides excellent access for patients and staff. This property is ideal for a medical practice seeking expansion or a new business looking for established medical office space. The available suite offers immediate occupancy and the potential to customize the space to meet specific needs. The building's substantial size and ample parking ensure convenience and accessibility. This is a prime opportunity to secure a well-located medical office space in a thriving Denver community. The property is currently available for lease. Serious inquiries are encouraged to explore this exceptional offering.

• CAP approach

  CAP return

  Valuation

  6%

  $424,665

  6.5%

  $391,999

  7%

  $363,999

• Comparable approach

  Method

  Valuation

  Relative Method

  $163,505

  Geo Method

  $163,505

• Alternative Use

  Use

  Valuation

  Residential

  $486,078

  Hospitality

  $445,245

  Educational

  $370,439

  Medical

  $383,179

  Retail

  $576,238

Location Insight

City

Denver

County

Arapahoe

State

Colorado

Latitude

39.7079

Longitude

-104.934

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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