3100 Arapahoe AveBoulder, CO 80303

Property Details for 3100 Arapahoe Ave

Year built

1982

Construction

BRICK

Lot size

1.74 AC

Property size (Sq ft)

46,780 SF

Zone code

2120

Property type

Office buildings

APN

1463-32-1-00-010

APU

146332100010

Description

Park Place, located at 3100 Arapahoe Ave, Boulder, CO 80303, offers a prime location in the Central Boulder submarket. This five-story Class B office building, constructed in 1982, boasts a total of 46,170 square feet and features multiple tenancies. Currently, one space of 3,095 square feet is available. The building is conveniently situated near the intersection of 30th Street and Arapahoe Avenue, providing easy access to Highway 36 and Foothills Parkway for convenient in-town and out-of-town travel. Its central location offers close proximity to numerous amenities, including the Sunrise Shopping Center, the 29th Street Shopping Mall, Scott Carpenter Park, and the Boulder Creek Bike Path. Furthermore, its location just one mile from Boulder Community Hospital makes it particularly attractive to medical office users. The building includes elevators for convenient access to all floors. This property presents a compelling opportunity for businesses seeking a well-located and accessible office space in the thriving Boulder market.

• CAP approach

  CAP return

  Valuation

  6%

  $10,127,571

  6.5%

  $9,348,527

  7%

  $8,680,775

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,484,681

  Geo Method

  $3,864,964

• Alternative Use

  Use

  Valuation

  Residential

  $11,592,174

  Hospitality

  $10,618,369

  Educational

  $8,834,358

  Medical

  $9,138,186

  Retail

  $13,742,335

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0141

Longitude

-105.252

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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