9938 Trainstation CirLone Tree, CO 80124

Property Details for 9938 Trainstation Cir

Year built

2019

Construction

FRAME

Lot size

2.73 AC

Property size (Sq ft)

222,884 SF

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

R0491195

APU

R0491195

Description

This 560-square-foot retail space is situated on the ground floor of a new 240-unit multi-family building in Lone Tree, Colorado. The property boasts a large patio, ideal for outdoor seating or additional retail space. Its exceptional location offers unparalleled access to a significant concentration of high-income employees. The space is ideally positioned between the Charles Schwab Campus (over 4,500 employees) and the Kiewit Regional Headquarters (over 1,150 employees), and directly across from Sky Ridge Medical Center (1,500 employees). This prime location benefits from high area incomes exceeding $169,000 within a one-mile radius. The property is part of the Sky Ridge transit-oriented development (TOD), occupying the last available parcel of land within this thriving community. The address is 9938 Trainstation Circle, Lone Tree, CO 80124, and is conveniently located near Sky Ridge Avenue in Douglas County. The property is suitable for a variety of retail uses, including restaurants, retail shops, and fitness centers. This single-tenant space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $60,452,920

  6.5%

  $55,802,692

  7%

  $51,816,788

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,542,748

  Geo Method

  $28,542,748

• Alternative Use

  Use

  Valuation

  Residential

  $55,802,692

  Hospitality

  $51,114,968

  Educational

  $42,527,052

  Medical

  $43,989,624

  Retail

  $66,153,192

Location Insight

City

Lone Tree

County

Douglas

State

Colorado

Latitude

39.5328

Longitude

-104.872

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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