1101 Mineral AveLittleton, CO 80120

  • Office buildings
  • 67,631 SF
For Sale
$8,000,000 View listing

Property Details for 1101 Mineral Ave

Year built
1981
Construction
FRAME
Lot size
5.58 AC
Property size (Sq ft)
67,631 SF
Property type
Office buildings
APN
2077-33-1-01-003
APU
207733101003

Description

This exceptional two-story office building, located at 1101 W Mineral Avenue in Littleton, Colorado, presents a fantastic opportunity for businesses seeking versatile and affordable space. Built in 1981, the property boasts a total of 67,000 square feet situated on a generous 5.57 acres of land. The building features a traditional office design, perfect for a variety of professional uses. The property is zoned BC/PL-O and is conveniently located in Arapahoe County, zip code 80120. Multiple tenants are currently accommodated within the single building. The building includes elevators for easy access to both floors. Currently, three suites are available for lease, ranging in size from 1,391 square feet to 5,255 square feet, offering flexibility to suit various business needs. The property enjoys a prime location within a professional business park setting, providing easy access to major thoroughfares including Santa Fe Drive, C-470, Broadway, County Line Road, and Dry Creek Road, ensuring convenient commutes and excellent accessibility for clients and employees. This is an ideal opportunity to establish or expand your business in a desirable and well-connected location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,723,707
    6.5%
    $11,744,960
    7%
    $10,906,034
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,990,753
    Geo Method
    $5,587,673
  • Alternative Use

    Use
    Valuation
    Residential Income
    $14,563,751
    Hospitality / Lodging
    $13,340,317
    Institutional / Educational
    $11,098,987
    Healthcare / Senior Housing
    $11,480,699
    Retail / Commercial
    $17,265,092

Location Insight

City
Littleton
County
Arapahoe
State
Colorado
Latitude
39.5742
Longitude
-105.002
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
$136,021
-
-
$1,451,358
-
$728,670
$4,503,330
$5,232,000

FAQs

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