4275 BroadwayEnglewood, CO 80113

Property Details for 4275 Broadway

Year built

1950

Construction

CONCRETE BLOCKS

Lot size

0.14 AC

Property size (Sq ft)

5,760 SF

Property type

Office buildings

APN

2077-03-3-24-012

APU

207703324012

Description

This 5,760 square foot Class B office building, located at 4275 S Broadway in Englewood, Colorado (zip code 80113), is back on the market with a significantly reduced asking price of $1,300,000. Previously listed at $1.8 million, this represents a compelling opportunity for investors and businesses alike. The property is currently vacant and features a recently completed renovation, making it move-in ready. Situated in a high redevelopment zone, this location offers significant potential for future appreciation. The building's traditional office layout is highly adaptable and suitable for a variety of uses, including insurance agencies, real estate firms, or general office spaces. The asking price per square foot is $225.69. The property is located in Arapahoe County and boasts convenient access to major transportation routes. This is a rare chance to acquire a renovated, well-located office building at a significantly reduced price in a prime redevelopment area. The property's vacant status allows for immediate occupancy and customization to suit a new tenant's specific needs. Don't miss this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,236,014

  6.5%

  $1,140,936

  7%

  $1,059,441

• Comparable approach

  Method

  Valuation

  Relative Method

  $475,891

  Geo Method

  $475,891

• Alternative Use

  Use

  Valuation

  Residential

  $1,414,761

  Hospitality

  $1,295,913

  Educational

  $1,078,185

  Medical

  $1,115,265

  Retail

  $1,677,176

Location Insight

City

Englewood

County

Arapahoe

State

Colorado

Latitude

39.639

Longitude

-104.988

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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