5055 Kentucky AveDenver, CO 80246
- Healthcare properties
- 5,656 SF
Property Details for 5055 Kentucky Ave
- Year built
- 1969
- Construction
- WOOD
- Lot size
- 0.50 AC
- Property size (Sq ft)
- 5,656 SF
- Zone code
- S-MX-3
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 06184-12-005-000
- APU
- 618412005000
Description
This exceptional 1,088-square-foot medical office suite is ideally located at 5055 E Kentucky Ave, Denver, CO 80246, within the desirable Cherry Creek, Glendale, Hilltop, Virginia Village submarket. Situated in a single-story, 5,500-square-foot building constructed in 1969 and extensively renovated in 2020, this suite boasts excellent natural light and high visibility. The space features a welcoming waiting room, a dedicated laboratory area, and a private office, perfect for a physician or medical professional. The property offers convenient on-site parking, a significant advantage in this vibrant area. The suite's 8-foot ceilings contribute to a spacious and comfortable atmosphere. While there is no elevator, the single-story building ensures easy accessibility. This single-tenant occupancy presents a unique opportunity for a medical practice seeking a well-maintained, conveniently located space with strong curb appeal. The property's location provides easy access to major thoroughfares and is near the intersection of E Kentucky Ave and Cherry Street. This turnkey medical office suite is ready for immediate occupancy. The property benefits from its location in a thriving Denver submarket known for its high concentration of medical facilities and strong patient demographics.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,213,697
- 6.5%
- $1,120,336
- 7%
- $1,040,312
-
Comparable approach
- Method
- Valuation
- Relative Method
- $467,299
- Geo Method
- $467,299
-
Alternative Use
- Use
- Valuation
- Residential
- $1,389,217
- Hospitality
- $1,272,515
- Educational
- $1,058,718
- Medical
- $1,095,128
- Retail
- $1,646,894
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.7005
- Longitude
- -104.928
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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