469 Cherry StGlendale, CO 80246

  • Office properties
  • 1,979 SF
For Sale
$1,189,000 View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
469 Cherry St, Glendale, Colorado

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

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
2021
$16,021
-
-
$190,400
-
$118,550
$593,890
$712,440

FAQs

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