3223 Arapahoe AveBoulder, CO 80303

Property Details for 3223 Arapahoe Ave

Year built

1987

Construction

BRICK

Lot size

1.25 AC

Property size (Sq ft)

27,021 SF

Property type

Office buildings

APN

1463-29-4-40-001

APU

146329440001

Description

This exceptional Class A office building at 3223 Arapahoe Avenue in Boulder, Colorado, offers a unique opportunity for businesses seeking prestigious executive office space. The three-story building, constructed in 1986, boasts a total of 22,000 square feet, with 5,500 square feet currently available for lease. Multiple suites are available, ranging from a minimum of 1,100 square feet to a maximum contiguous space of 4,385 square feet, providing flexibility for various business needs. The building features abundant natural light and professional finishes, reflecting its high-end character. Ample parking is provided with 75 spaces available for employees and visitors. On-site property management ensures smooth operations and tenant satisfaction. The building's convenient location offers easy access to Downtown Boulder, the 29th Street Mall, Foothills Parkway, US Highway 36, the Boulder Creek Path, and RTD public transportation. This prime location within Boulder, Colorado (zip code 80303) provides excellent visibility and accessibility for businesses. The building includes elevators for convenient access to all three floors. This is an exceptional opportunity to secure high-quality office space in a desirable Boulder location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,851,413

  6.5%

  $5,401,304

  7%

  $5,015,497

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,635,797

  Geo Method

  $2,232,475

• Alternative Use

  Use

  Valuation

  Residential

  $6,697,618

  Hospitality

  $6,134,982

  Educational

  $5,104,232

  Medical

  $5,279,775

  Retail

  $7,939,918

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0151

Longitude

-105.251

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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