5767 Gallup StLittleton, CO 80120

  • Retail space
  • 4,800 SF
For Sale
$1,695,000 View listing

Property Details for 5767 Gallup St

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.33 AC
Property size (Sq ft)
4,800 SF
Property type
Retail space
APN
2077-16-4-21-037
APU
207716421037

Description

This exceptional 9,600-square-foot retail building in Littleton, Colorado, presents a remarkable investment opportunity. Located at 5767 S Gallup St, this fully renovated, freestanding structure boasts a 4,800-square-foot main level and a 4,800-square-foot garden level, offering ample space for a variety of commercial uses. The property is zoned CM, allowing for commercial, office, retail, civic, and institutional uses. Recent renovations (completed May 2023) have transformed the space, making it turnkey for an owner-user. Included in the sale are the building, a separate 750-square-foot three-car garage, kennel runs, shelving, appliances, and fixtures. Eleven surface parking spaces are available, six in front and five in the rear. The property sits on a 0.33-acre lot (APN 2077-16-4-21-037) and is ideally situated one block south of Littleton Boulevard and a half-mile from downtown Littleton, benefiting from its proximity to thriving businesses like Cherry Cricket and Littleton Brewing Company. The location is underserved in terms of dog boarding facilities, presenting a unique advantage for a potential owner-user. Built in 1963, this two-story building offers a blend of classic charm and modern functionality, making it an attractive proposition for discerning investors seeking a prime location in a growing area with a high population density. The property is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,410,896
    6.5%
    $1,302,366
    7%
    $1,209,340
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,989,456
    Geo Method
    $999,372
  • Alternative Use

    Use
    Valuation
    Residential
    $1,098,594
    Hospitality
    $1,006,306
    Educational
    $837,235
    Medical
    $866,029
    Retail
    $1,302,366

Location Insight

City
Littleton
County
Arapahoe
State
Colorado
Latitude
39.6118
Longitude
-105.003
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
$35,251
-
-
$338,706
-
$213,015
$1,030,985
$1,244,000

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