6766 Revere PkwyCentennial, CO 80112

For Sale
$3,429,000 View listing
  • Office buildings
  • 17,584 SF

Property Details for 6766 Revere Pkwy

Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.29 AC
Property size (Sq ft)
17,584 SF
Property type
Office buildings
APN
2075-25-2-25-003
APU
207525225003

Description

This exceptional 17,584-square-foot, single-story office building in Centennial, Colorado, presents a compelling investment opportunity. Located at 6766 S Revere Pkwy, 80112, this Class B, multi-tenant property boasts four current tenants and sits on a 1.28-acre lot (APN 2075-25-2-25-003). The building, constructed in 1982 and zoned MU, offers a desirable southeast location with convenient access to major highways, including I-25 and SH 83 (both within 2 miles). Employees will appreciate the proximity to numerous restaurants and retail options along Arapahoe Road, as well as the park-like setting adjacent to a greenbelt. The property features ample parking and is move-in ready, offering well-designed spaces with abundant natural light. Significant upgrades include HVAC system replacements in 2021, and the seller will provide a credit towards a new roof. Furthermore, the building includes a loading dock and a large man door, ideal for deliveries and storage. The asking price is $3,429,000, translating to $195.01 per square foot. This property is for sale by owner.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,846,222
    6.5%
    $3,550,359
    7%
    $3,296,762
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,452,790
    Geo Method
    $1,452,790
  • Alternative Use

    Use
    Valuation
    Residential
    $4,402,445
    Hospitality
    $4,032,616
    Educational
    $3,355,089
    Medical
    $3,470,476
    Retail
    $5,219,028
6766 Revere Pkwy, Centennial, Colorado

Location Insight

City
Centennial
County
Arapahoe
State
Colorado
Latitude
39.5936
Longitude
-104.84
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
2021
$50,858
-
-
$486,018
-
$280,105
$1,491,895
$1,772,000

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