3901 88Th AveWestminster, CO 80031

Property Details for 3901 88Th Ave

Year built

1966

Lot size

0.40 AC

Property size (Sq ft)

4,400 SF

Property type

Office properties

Property subtype

Office buildings

APN

R0048479

APU

R0048479

Description

This exceptional 4,400 square foot vacant storefront, located at 3901 W 88th Ave in Westminster, Colorado, presents a fantastic owner-user opportunity. Situated on a sizable 17,580 square foot lot (APN 0171919413033), this Class B building, constructed in 1966, boasts a flexible layout ideal for a variety of businesses. The property is zoned C-4, allowing for diverse commercial uses. The interior features a blend of showroom space, administrative offices, and a shop area complete with a convenient roll-up door, ensuring excellent accessibility for goods and services. Ample parking is available on-site. Additional features include a spacious break room and well-appointed offices. This property benefits from its prime location on W 88th Ave, offering high visibility and convenient access. Furthermore, its proximity to the Uplands Development presents significant future growth potential. The asking price is $1,290,000. This is a rare opportunity to acquire a versatile and well-located commercial property in a thriving area. Don't miss out on this chance to establish your business in a prime Westminster location.

• CAP approach

  CAP return

  Valuation

  6%

  $808,612

  6.5%

  $746,411

  7%

  $693,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $895,425

  Geo Method

  $363,528

• Alternative Use

  Use

  Valuation

  Residential

  $925,550

  Hospitality

  $847,798

  Educational

  $705,358

  Medical

  $729,617

  Retail

  $1,097,224

Location Insight

City

Westminster

County

Adams

State

Colorado

Latitude

39.8566

Longitude

-105.038

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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