5600 Arapahoe AveBoulder, CO 80303

  • Specialty properties
  • 18,132 SF
For Sale
$3,841,000 View listing

Property Details for 5600 Arapahoe Ave

Year built
1983
Construction
FRAME
Lot size
2.54 AC
Property size (Sq ft)
18,132 SF
Property type
Specialty properties
APN
1463-34-2-03-005
APU
146334203005

Description

This exceptional 10,484 square foot commercial property, situated on a 0.29-acre lot at 5600 Arapahoe Avenue in Boulder, Colorado, presents a compelling investment opportunity. The building boasts 12 suites currently housing 10 tenants, with lease terms ranging from one to three years, ensuring a stable income stream. The property enjoys a near-full occupancy rate, minimizing vacancy risks. Its enviable location offers unparalleled proximity to a vibrant array of popular restaurants and breweries, including Blackbelly, Pica's Mexican, Ozo Coffee, Snarf's, Le Frigo, Wild Provisions, 4 Noses Brewing, and Upslope Brewing, attracting a high volume of foot traffic and potential customers. The property's aesthetic appeal is further enhanced by its lush landscaping, meticulously maintained gardens, and inviting outdoor sitting areas, creating a pleasant and welcoming atmosphere. The stunning views overlooking the Flatirons Golf Course add to the property's desirability. Ample parking is provided with 30 spaces available for tenants and visitors. This well-maintained building offers a blend of strong financial performance and desirable location, making it an ideal investment for discerning buyers seeking a stable and potentially appreciating asset in the thriving Boulder market. The property is priced at $3,841,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,503,158
    Hospitality
    $4,124,868
    Educational
    $3,431,842
    Medical
    $3,549,868
    Retail
    $5,338,421

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
40.0139
Longitude
-105.224
CBSA code
14500
CBSA name
BOULDER, 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
2023
$44,431
$164,720
$742,130
$906,850
-
$2,458,500
$11,076,600
$13,535,100

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