3351 71St PlWestminster, CO 80030

Property Details for 3351 71St Pl

Year built

1973

Lot size

0.31 AC

Property size (Sq ft)

5,100 SF

Property type

Retail properties

Property subtype

Auto shops

APN

R0161679

APU

R0161679

Description

This exceptional investment opportunity presents two Class A industrial warehouse buildings located in Adams County, offering a total of multiple units for lease. Currently, one unit of 250 square feet is immediately available. The units are ideal for storage purposes only; hobbies are not permitted. Each building is single-story. The property is conveniently situated off of 72nd Boulevard and Lowell, providing easy access to major transportation routes. Note that there is no on-site parking available. The total square footage of available units ranges from 250 to 500 square feet, catering to a variety of storage needs. This property is perfect for businesses or individuals seeking secure and accessible storage solutions. The buildings are classified as Class A, indicating high-quality construction and modern amenities. The property is comprised of two separate buildings, offering flexibility and potential for expansion. Given the prime location and the limited availability of on-site parking, this property is particularly suited for businesses that rely on off-site parking or delivery services. The "no hobbies" clause ensures a safe and controlled storage environment. Interested parties should inquire about current lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,791,219

  6.5%

  $1,653,433

  7%

  $1,535,331

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,374,780

  Geo Method

  $1,061,832

• Alternative Use

  Use

  Valuation

  Residential

  $1,394,733

  Hospitality

  $1,277,568

  Educational

  $1,062,921

  Medical

  $1,099,477

  Retail

  $1,653,433

Location Insight

City

Westminster

County

Adams

State

Colorado

Latitude

39.8264

Longitude

-105.032

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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