5165 72Nd AveWestminster, CO 80030

  • Healthcare properties
  • 6,004 SF
For Lease
$31.50/SF/YR View listing

Property Details for 5165 72Nd Ave

Year built
1998
Lot size
0.44 AC
Property size (Sq ft)
6,004 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
R0064974
APU
R0064974

Description

This exceptional 6,004-square-foot freestanding medical office building in Westminster, CO, presents a unique leasing opportunity. Located at 5165 W 72nd Ave, 80030, near the intersection of W 72nd and Sheridan Blvd, this single-story, 1998-built property boasts high visibility and accessibility, with over 35,000 vehicles passing daily. The building is situated within the Hidden Lake Shopping Center, offering ample parking (27 spaces on-site, plus additional parking in the adjacent shopping center anchored by Ace Hardware and Planet Fitness). Conveniently located two miles from I-70 and US-36, it provides easy access to both downtown Denver and Boulder (within a 20-minute commute). The property is zoned commercial and features a 0.44-acre lot. The space is divisible, offering a minimum of 1,800 square feet, with the entire 6,004 square feet currently vacant. Each divisible space includes dedicated reception areas, handicap-accessible bathrooms, and supply rooms. A total of 13 finished consultation rooms are available across both spaces. The larger space (approximately 4,200 SF) includes a spacious waiting area, pharmacy counter with pass-through window, and an X-ray room. The smaller space (approximately 1,800 SF) features an open therapy/rehab space. Previously used as an urgent care facility, this versatile space is ideal for various medical or veterinary uses. Annual property taxes are $4.09 per square foot.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,117,729
    6.5%
    $1,031,750
    7%
    $958,053
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,237,320
    Geo Method
    $496,050
  • Alternative Use

    Use
    Valuation
    Residential
    $1,279,370
    Hospitality
    $1,171,896
    Educational
    $975,003
    Medical
    $1,008,535
    Retail
    $1,516,672
5165 72Nd Ave, Westminster, Colorado

Location Insight

City
Westminster
County
Adams
State
Colorado
Latitude
39.8287
Longitude
-105.053
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
$26,783
$96,180
$167,640
$263,820
-
$344,729
$600,871
$945,600

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