5450 Western AveBoulder, CO 80301

Property Details for 5450 Western Ave

Year built

1984

Construction

CONCRETE BLOCKS

Lot size

0.97 AC

Property size (Sq ft)

25,432 SF

Zone code

3115

Property type

Office properties

Property subtype

Office buildings

APN

1463-28-0-07-002

APU

146328007002

Description

5450 Western Avenue in Boulder, Colorado, presents a unique opportunity to lease a freestanding office/flex building totaling 25,432 square feet. This two-story building offers versatile space ideal for a variety of business needs, combining well-appointed office areas with flexible warehouse space. The property is currently fully vacant and available for lease in its entirety or in divisible spaces of at least 6,000 square feet. The maximum contiguous space available is the entire 25,432 square feet. Located in Boulder County, with a zip code of 80301, this property enjoys a convenient location near Arapahoe Avenue, providing easy access to major thoroughfares. Employees will appreciate the proximity to the 29th Street Mall and Downtown Boulder, as well as numerous amenities within walking distance, including restaurants such as Black Belly Restaurant & Market, Ozo Coffee, and Pica's Taqueria. This building offers an excellent opportunity for businesses seeking prime office space in a vibrant and convenient neighborhood. The property is classified as both Office and Industrial, with a Flex subtype.

• CAP approach

  CAP return

  Valuation

  6%

  $5,520,156

  6.5%

  $5,095,530

  7%

  $4,731,563

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,262,528

  Geo Method

  $2,101,192

• Alternative Use

  Use

  Valuation

  Residential

  $6,318,456

  Hospitality

  $5,787,672

  Educational

  $4,815,275

  Medical

  $4,980,880

  Retail

  $7,490,428

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0174

Longitude

-105.227

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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