4891 Independence StWheat Ridge, CO 80033

  • Office properties
  • 44,796 SF
For Lease
$18/SF/YR View listing

Property Details for 4891 Independence St

Year built
1981
Construction
CONCRETE
Lot size
2.84 AC
Property size (Sq ft)
44,796 SF
Property type
Office properties
Property subtype
Office buildings
APN
39-153-15-003
APU
3915315003

Description

This exceptional two-story office building, located at 4891 Independence Street in Wheat Ridge, Colorado, offers 44,796 square feet of traditional office space. Built in 1984, the property boasts multiple tenancy options, with one space currently available at 3,019 square feet. The building features convenient on-site management and elevator service for easy access to all floors. Ample parking is provided, with a ratio of 4 spaces per 1,000 square feet. Its strategic location offers excellent visibility and access to Interstate 70, ensuring convenient commutes for employees and clients. The property benefits from its proximity to a variety of retail amenities, as well as the vibrant downtown area and stunning mountain communities. The building is in ready-to-rent condition, making it an ideal choice for businesses seeking immediate occupancy. The property's address is 4891 Independence Street, Wheat Ridge, CO 80033. The building's zip code is 80033.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,232,404
    6.5%
    $7,599,142
    7%
    $7,056,347
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,116,237
    Geo Method
    $3,701,046
  • Alternative Use

    Use
    Valuation
    Residential
    $9,422,937
    Hospitality
    $8,631,360
    Educational
    $7,181,190
    Medical
    $7,428,162
    Retail
    $11,170,740
4891 Independence St, Wheat Ridge, Colorado

Location Insight

City
Wheat Ridge
County
Jefferson
State
Colorado
Latitude
39.7853
Longitude
-105.106
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
$97,759
$430,811
$623,642
$1,054,453
-
$1,544,125
$2,265,275
$3,809,400

FAQs

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