4041 Hanover AveBoulder, CO 80305

  • Office buildings
  • 9,188 SF
For Sale
$3,200,000 View listing

Property Details for 4041 Hanover Ave

Year built
1999
Construction
BRICK
Lot size
0.51 AC
Property size (Sq ft)
9,188 SF
Zone code
2120
Property type
Office buildings
APN
1577-08-1-10-006
APU
157708110006

Description

This exceptional 9,188 square foot executive office building, located at 4041 Hanover Avenue in Boulder, Colorado, presents a compelling investment opportunity. Built in 2009, this two-story structure sits on a substantial 22,065-acre lot and offers ample parking with 37 spaces. The building is zoned for office use, making it ideal for a variety of professional businesses. The asking price is $3,200,000, translating to a price per square foot of $348.28. The property's prime location in Boulder, Colorado, zip code 80305, offers excellent access to amenities and a thriving business community. Detailed property information and a virtual tour are available online at the provided link. This is a rare opportunity to acquire a well-maintained, spacious executive office building in a highly desirable location. The substantial lot size offers potential for future expansion or development. The property's strong financial metrics and prime location make it an attractive investment for discerning buyers. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,970,203
    6.5%
    $1,818,649
    7%
    $1,688,745
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,230,744
    Geo Method
    $759,113
  • Alternative Use

    Use
    Valuation
    Residential
    $2,255,125
    Hospitality
    $2,065,682
    Educational
    $1,718,623
    Medical
    $1,777,729
    Retail
    $2,673,414

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
39.9825
Longitude
-105.248
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
$89,201
$546,338
$494,946
$1,041,284
-
$1,958,200
$1,774,000
$3,732,200

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].