525 Canyon BlvdBoulder, CO 80302

Property Details for 525 Canyon Blvd

Year built

1976

Construction

TILT-UP CONCRETE

Lot size

0.31 AC

Property size (Sq ft)

4,131 SF

Zone code

2120

Property type

Office properties

Property subtype

Office buildings

APN

1461-25-4-41-008

APU

146125441008

Description

This exceptional single-story office building, located at 525 Canyon Boulevard in the heart of Downtown Boulder, Colorado, presents a unique investment opportunity. The 4,131-square-foot building sits on a 0.31-acre lot (13,543 square feet) and boasts a highly desirable location directly across from the Boulder County Justice Center. Built in 1976, the property is zoned BT-2 and offers ample free on-site parking, accessible from both Canyon Boulevard and a convenient alleyway. Currently 100% vacant, this property is immediately available for occupancy. The existing interior is finished as office space, making it ideal for a variety of professional uses, including but not limited to attorneys, accountants, and other similar businesses. The zoning allows for many other permitted uses, providing significant flexibility for future tenants or owners. This is a rare chance to acquire a well-situated, single-tenant building in a thriving downtown area with high visibility and convenient access. The property's size and location make it an attractive option for businesses seeking a prominent presence in Boulder's vibrant commercial landscape. The building's single-tenant occupancy ensures ease of management and potential for strong rental income. Don't miss this opportunity to own a piece of Downtown Boulder.

• CAP approach

  CAP return

  Valuation

  6%

  $895,028

  6.5%

  $826,180

  7%

  $767,167

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,015,092

  Geo Method

  $341,303

• Alternative Use

  Use

  Valuation

  Residential

  $1,024,463

  Hospitality

  $938,402

  Educational

  $780,740

  Medical

  $807,591

  Retail

  $1,214,484

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0154

Longitude

-105.288

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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