8533 Church Ranch BlvdWestminster, CO 80021
- Retail properties
- 12,580 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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