405 Laurel StBroomfield, CO 80020

  • Commercial real estate
  • 2,013 SF
For Sale
$745,000 View listing

Property Details for 405 Laurel St

Year built
1971
Construction
WOOD
Lot size
0.32 AC
Property size (Sq ft)
2,013 SF
Zone code
B-2
Property type
Commercial real estate
APN
157535219002
APU
157535219002

Description

This exceptional 2,013 square foot free-standing office building presents a fantastic opportunity in Broomfield, Colorado. Strategically located off Midway Boulevard, this property offers unparalleled convenience with easy access to Highways 287 and 36, providing seamless commutes in all directions. The building boasts ample on-site parking directly in front of the entrance, a significant advantage for employees and clients. Beyond the immediate parking area, there's additional land available, presenting exciting possibilities for future expansion or development to suit evolving business needs. The property is designed for immediate occupancy, offering a "plug-and-play" solution for a wide range of professional uses. Its efficient layout and convenient location make it an ideal choice for businesses seeking a functional and accessible workspace. The building's freestanding nature provides excellent visibility and a distinct professional image. This is a rare opportunity to acquire a well-situated, versatile office building with significant growth potential in a thriving Broomfield location. The property is priced at $745,000 and is ready for immediate possession. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $444,094
    6.5%
    $409,933
    7%
    $380,652
  • Comparable approach

    Method
    Valuation
    Relative Method
    $433,266
    Geo Method
    $166,314
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $796,906
    Retail / Commercial
    $410,638
    Mixed-Use / Specialty
    $410,741
    Hospitality / Lodging
    $303,388
    Office
    $409,933
    Institutional / Educational
    $427,565
    Residential Income
    $500,251
    Multifamily
    $591,287
    Automotive / Energy
    $366,485
    Parking / Income-Based Land
    $124,921
    Restaurant / Food Service
    $216,974
    Healthcare / Senior Housing
    $419,600

Location Insight

City
Broomfield
County
Broomfield
State
Colorado
Latitude
39.9216
Longitude
-105.085
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
$7,805
$36,550
$46,910
$83,460
-
$131,010
$168,150
$299,160

FAQs

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Please email our support team at [email protected] and they will add the team member.
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