9227 Lincoln AveLone Tree, CO 80124

Property Details for 9227 Lincoln Ave

Year built

1999

Construction

WOOD FRAME

Lot size

2.11 AC

Property size (Sq ft)

14,365 SF

Property type

Retail properties

Property subtype

Strip malls

APN

R0407097

APU

R0407097

Description

This exceptional retail opportunity is located within the Heritage Hills Shopping Center at 9227 Lincoln Ave, Unit 210, Lone Tree, CO 80124. The property boasts a prime location in the South submarket cluster of Lone Tree, easily accessible via S Yosemite St. The 1,500 square foot vacant space is situated within a larger, established shopping center, presenting a unique chance for a business to thrive in a high-traffic area. Built in 1999, the Class B property features two single-story buildings situated on a substantial 4.14-acre lot (180,338 square feet), providing ample space and visibility. The center offers convenient parking with 120 spaces available for customers and employees. The property is zoned PD, County, and its APN is 2231-103-06-003. This space is particularly well-suited for restaurant use, given its location and accessibility within the shopping center. The multiple tenancy structure of Heritage Hills ensures a diverse and vibrant shopping environment, attracting a consistent flow of customers. This rare vacancy presents a compelling investment opportunity in a thriving Lone Tree community. Don't miss this chance to establish your business in a highly visible and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,618,912

  6.5%

  $4,263,611

  7%

  $3,959,067

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,990,828

  Geo Method

  $2,990,828

• Alternative Use

  Use

  Valuation

  Residential

  $3,596,515

  Hospitality

  $3,294,388

  Educational

  $2,740,893

  Medical

  $2,835,156

  Retail

  $4,263,611

Location Insight

City

Lone Tree

County

Douglas

State

Colorado

Latitude

39.5386

Longitude

-104.884

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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