7695 101St AveWestminster, CO 80021

Property Details for 7695 101St Ave

Year built

1970

Construction

STEEL FRAME

Lot size

0.65 AC

Property size (Sq ft)

2,222 SF

Property type

Office properties

Property subtype

Office buildings

APN

29-142-01-031

APU

2914201031

Description

This freestanding office building at 7695 W 101st Avenue, Westminster, CO, offers 2,222 gross square feet on a 1.28-acre lot. The property boasts a thoughtful layout with multiple rooms and offices, suitable for various commercial uses. Previously used for healthcare, it now presents a unique opportunity for diverse businesses. The building features 24 parking spaces, ensuring convenient access for employees and clients. Recent upgrades include a new roof and cooling system, enhancing energy efficiency and comfort. The three-year-old asphalt parking lot minimizes maintenance needs. An adjudicated irrigation well provides cost-effective landscaping. The property benefits from high visibility at the intersection of Church Ranch Blvd and Wadsworth, a location with significant traffic. Two adjoining unincorporated lots offer substantial expansion potential, ideal for additional construction or development. This prime location presents a rare opportunity for businesses seeking growth and exposure, whether through expansion, new construction, ground lease, or portfolio diversification. The combination of recent updates, ample parking, and expansion potential makes this a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $437,595

  6.5%

  $403,934

  7%

  $375,081

• Comparable approach

  Method

  Valuation

  Relative Method

  $489,123

  Geo Method

  $183,582

• Alternative Use

  Use

  Valuation

  Residential

  $500,878

  Hospitality

  $458,801

  Educational

  $381,717

  Medical

  $394,845

  Retail

  $593,783

Location Insight

City

Westminster

County

Jefferson

State

Colorado

Latitude

39.8805

Longitude

-105.083

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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