1955 120Th AveWestminster, CO 80234

  • Banks
  • 4,323 SF
For Lease
$20/SF/YR View listing

Property Details for 1955 120Th Ave

Year built
2007
Lot size
0.95 AC
Property size (Sq ft)
4,323 SF
Property type
Banks
APN
R0172830
APU
R0172830

Description

Park Centre Place offers a rare opportunity to lease 1,271 square feet of Class A retail space in Broomfield County. This single-story building boasts a strong tenant mix, creating a vibrant and attractive shopping environment. The available space is perfect for a variety of retail uses, benefiting from high visibility and foot traffic. The property is classified as a Multiple Tenancy building, indicating a thriving community of businesses. The location within Broomfield County provides excellent access to a substantial customer base. This is a unique chance to establish or expand your retail presence in a desirable and well-established commercial center. The space is immediately available, presenting a timely opportunity for businesses seeking a prime location with a proven track record of success. The building's Class A designation reflects its high-quality construction and modern amenities. Don't miss this chance to secure a prominent retail space in a thriving Broomfield County location. Contact us today to schedule a viewing and learn more about this exceptional opportunity. The space is 1,271 square feet and is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,170,480
    6.5%
    $1,080,440
    7%
    $1,003,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,180,570
    Geo Method
    $371,453
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,094,390
    Mixed-Use / Specialty
    $1,081,670
    Hospitality / Lodging
    $800,208
    Office
    $1,080,540
    Institutional / Educational
    $1,126,320
    Residential Income
    $1,317,800
    Multifamily
    $1,552,310
    Automotive / Energy
    $965,419
    Parking / Income-Based Land
    $328,132
    Restaurant / Food Service
    $573,436
    Healthcare / Senior Housing
    $1,104,020

Location Insight

City
Westminster
County
Adams
State
Colorado
Latitude
39.9145
Longitude
-105.01
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
$69,504
$381,320
$313,790
$695,110
-
$1,366,728
$1,124,696
$2,491,424

FAQs

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