12001 Pecos StWestminster, CO 80234

Property Details for 12001 Pecos St

Year built

1984

Lot size

4.58 AC

Property size (Sq ft)

36,158 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

R0024055

APU

R0024055

Description

Park Plaza, located at 12001 N Pecos St, Westminster, CO 80234, offers a prime retail opportunity in the Northwestern submarket. This Class B property, built in 1982, comprises two single-story buildings totaling 47,469 square feet. Currently, 2,938 square feet of retail space is immediately available, with a maximum contiguous space of 2,983 square feet. The property sits on a 4.52-acre lot and provides ample parking with 115 spaces. There are no elevators. The location boasts excellent visibility to W 120th Ave and benefits from a diverse tenant mix of both local and national businesses. Its strategic position offers easy access to I-25, a major thoroughfare with over 130,000 vehicles passing daily. Furthermore, the property enjoys a highly advantageous location directly across from Maxar's headquarters, employing 1,183 individuals, ensuring a substantial and consistent customer base. This presents a unique opportunity for businesses seeking high visibility and a strong local presence in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $9,790,000

  6.5%

  $9,036,930

  7%

  $8,391,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,874,440

  Geo Method

  $3,106,870

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $17,517,700

  Mixed-Use / Specialty

  $9,047,230

  Hospitality / Lodging

  $6,693,020

  Office

  $9,037,770

  Institutional / Educational

  $9,420,670

  Residential Income

  $11,022,200

  Multifamily

  $12,983,700

  Automotive / Energy

  $8,074,860

  Parking / Income-Based Land

  $2,744,530

  Restaurant / Food Service

  $4,796,280

  Healthcare / Senior Housing

  $9,234,160

Location Insight

City

Westminster

County

Adams

State

Colorado

Latitude

39.9147

Longitude

-105.007

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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