4710 Table Mesa DrBoulder, CO 80305

  • Office properties
  • 6,826 SF
For Sale
$2,295,000 View listing

Property Details for 4710 Table Mesa Dr

Year built
1979
Construction
CONCRETE BLOCKS
Lot size
0.18 AC
Property size (Sq ft)
6,826 SF
Zone code
2120
Property type
Office properties
Property subtype
Office buildings
APN
1577-09-0-14-003
APU
157709014003

Description

This exceptional 8,970 square foot medical office building in South Boulder offers two suites for lease, presenting a unique investment opportunity. Suite A, spanning a substantial portion of the building, boasts private offices across two floors, complemented by conference rooms, a kitchen, and a remarkable second-floor deck showcasing stunning western views. Suite B provides numerous private offices or treatment rooms, along with a convenient lower-level kitchen and shower. The minimum leasable space is 2,996 square feet, with the entire 8,970 square feet available for a single tenant. The building features abundant parking, prominent building and monument signage visible from Table Mesa Drive, ensuring high visibility and accessibility. This prime location offers easy access to Foothills Parkway and Highway 36, providing convenient commutes for both staff and patients. The current financing on the property is below market rate at 3.95% and matures in 2030. The owner is open to considering an equity partner, provided the business use aligns well with a building partnership. This presents a compelling opportunity for a medical practice seeking a well-appointed, highly visible space in a desirable South Boulder location. This is a rare chance to acquire a turnkey medical office building with excellent existing infrastructure and a strong potential for future growth.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,465,949
    6.5%
    $1,353,184
    7%
    $1,256,528
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,660,215
    Geo Method
    $563,964
  • Alternative Use

    Use
    Valuation
    Residential
    $1,677,948
    Hospitality
    $1,536,991
    Educational
    $1,278,758
    Medical
    $1,322,737
    Retail
    $1,989,180
4710 Table Mesa Dr, Boulder, Colorado

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
39.985
Longitude
-105.239
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
$41,442
$261,590
$226,660
$488,250
-
$937,600
$812,400
$1,750,000

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