1650 104Th AveThornton, CO 80233

Property Details for 1650 104Th Ave

Year built

2016

Lot size

1.63 AC

Property size (Sq ft)

3,897 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

R0191694

APU

R0191694

Description

This exceptional 3,897 square foot single-tenant retail property, built in 2016, is situated on a 1.63-acre lot in Adams County's Denver North submarket. Currently configured as a gas station with 740 square feet of vacant space, this property presents a unique opportunity for expansion or a new tenant. The property boasts excellent visibility and accessibility from East 104th Avenue, a major thoroughfare with over 39,000 vehicles per day. Its strategic location provides convenient access to a substantial population base, with over 145,000 residents within a three-mile radius. The property benefits from a shadow anchor, VASA Fitness, further enhancing its appeal and attracting significant foot traffic. The zoning designation is CR. This is a rare opportunity to acquire a well-located retail property in a high-growth area with significant potential for increased revenue and return on investment. The single-story building offers immediate occupancy for the vacant space. Don't miss this chance to capitalize on this prime retail location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,368,702

  6.5%

  $1,263,417

  7%

  $1,173,173

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,578,728

  Geo Method

  $811,365

• Alternative Use

  Use

  Valuation

  Residential

  $1,065,740

  Hospitality

  $976,212

  Educational

  $812,197

  Medical

  $840,130

  Retail

  $1,263,417

Location Insight

City

Thornton

County

Adams

State

Colorado

Latitude

39.8845

Longitude

-104.966

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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