10100 Montview BlvdAurora, CO 80010

  • Retail properties
  • 1,202 SF
For Sale
$900,000 View listing

Property Details for 10100 Montview Blvd

Year built
1950
Lot size
0.39 AC
Property size (Sq ft)
1,202 SF
Property type
Retail properties
Property subtype
Retail space
APN
R0095209
APU
R0095209

Description

This exceptional investment opportunity presents a fully leased 1,296 square foot retail building situated on a substantial 16,801 square foot lot at 10100 Montview Boulevard, Aurora, Colorado. The property is currently under a lease agreement with Star Buds, a prominent recreational cannabis retailer operating within the Denver Metropolitan Statistical Area (MSA). This lease is backed by a corporate guarantee from Schwazze, a publicly traded, national cannabis operator, providing investors with significant financial security and a reliable income stream. The tenant has consistently occupied the premises since December 2019, demonstrating a long-term commitment to this location. The property's strategic location within Aurora, Colorado, offers excellent visibility and accessibility, contributing to the tenant's success. This turnkey investment is ideal for those seeking a stable, high-yield asset in a rapidly growing market segment. The property's size and location make it an attractive investment for both experienced and new investors in the commercial real estate sector. The substantial lot size also offers potential for future expansion or development, adding further value to this already compelling investment opportunity. The asking price for this exceptional property is $900,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $331,647
    6.5%
    $306,136
    7%
    $284,269
  • Comparable approach

    Method
    Valuation
    Relative Method
    $594,202
    Geo Method
    $250,259
  • Alternative Use

    Use
    Valuation
    Residential
    $258,237
    Hospitality
    $236,544
    Educational
    $196,802
    Medical
    $203,570
    Retail
    $306,136
10100 Montview Blvd, Aurora, Colorado

Location Insight

City
Aurora
County
Adams
State
Colorado
Latitude
39.7471
Longitude
-104.87
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
$7,292
$46,870
$17,300
$64,170
-
$168,010
$61,990
$230,000

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