1470 Walnut StBoulder, CO 80302

  • Office properties
  • 33,674 SF
For Lease
$25/SF/YR View listing

Property Details for 1470 Walnut St

Year built
2001
Construction
BRICK
Lot size
0.48 AC
Property size (Sq ft)
33,674 SF
Zone code
2120
Property type
Office properties
Property subtype
Office buildings
APN
1463-30-3-58-001
APU
146330358001

Description

This exceptional executive office building, located at 1470 Walnut Street in the heart of Downtown Boulder, Colorado, offers a total of 7,876 square feet of immediately available space. The property is situated on a prominent corner lot at the intersection of 15th Street and Walnut Street, providing excellent visibility and accessibility. Its strategic location places it just one block from the vibrant Pearl Street Mall and directly adjacent to the RTD Transit Center, ensuring convenient access to public transportation and a wealth of nearby amenities. The building is currently entirely vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. Flexible floor plans accommodate various business needs, with available spaces ranging from 1,116 to 3,109 square feet. The property's upscale design and prime downtown location make it an ideal choice for businesses seeking a prestigious and convenient address in Boulder's thriving commercial district. The building's address is 1470 Walnut Street, Boulder, CO 80302. The property is classified as an office building with executive office and retail subtypes, and is suitable for multiple tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,188,454
    6.5%
    $5,712,419
    7%
    $5,304,390
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,852,848
    Geo Method
    $2,782,146
  • Alternative Use

    Use
    Valuation
    Residential
    $7,083,400
    Hospitality
    $6,488,356
    Educational
    $5,398,236
    Medical
    $5,583,890
    Retail
    $8,397,256
1470 Walnut St, Boulder, Colorado

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
40.0173
Longitude
-105.276
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
$664,667
$1,176,655
$5,951,795
$7,128,450
-
$4,217,400
$21,332,600
$25,550,000

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