8533 Church Ranch BlvdWestminster, CO 80021

  • Retail properties
  • 12,580 SF
For Lease

Property Details for 8533 Church Ranch Blvd

Year built
2000
Construction
STEEL FRAME
Lot size
1.23 AC
Property size (Sq ft)
12,580 SF
Property type
Retail properties
Property subtype
Strip malls
APN
29-151-01-029
APU
2915101029

Description

Standley Lake Marketplace, located at 8533 Church Ranch Blvd, Westminster, CO 80021, offers a prime retail opportunity in the Northwestern submarket. This Class B center, built in 2000, comprises four single-story buildings totaling 53,400 square feet across 5.71 acres. The property features 372 parking spaces and is situated at a busy, fully signalized intersection of Church Ranch Blvd & Wadsworth Pkwy, boasting a combined 50,817 vehicles per day. Currently, there are 21 suites, with 16,553 square feet of vacant space available. Individual suites range from a minimum of 822 square feet to a maximum contiguous space of 4,615 square feet. Several notable existing tenants include VASA Fitness, Scandinavian Design, and Amish Furniture Gallery. Available spaces include a 2,555 square foot former martial arts studio (Suite B0300) with two restrooms, a built-out dance studio (Suite F1200), and a second-generation bakery space (Suite A0100). The property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. No elevators are present.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,684,058
    6.5%
    $3,400,669
    7%
    $3,157,764
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,070,844
    Geo Method
    $2,619,186
  • Alternative Use

    Use
    Valuation
    Residential
    $2,868,592
    Hospitality
    $2,627,614
    Educational
    $2,186,144
    Medical
    $2,261,329
    Retail
    $3,400,669
8533 Church Ranch Blvd, Westminster, Colorado

Location Insight

City
Westminster
County
Jefferson
State
Colorado
Latitude
39.8808
Longitude
-105.093
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
$43,679
$186,163
$355,711
$541,874
-
$667,250
$1,304,950
$1,972,200

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