4000 Burlington AveEvans, CO 80620

Property Details for 4000 Burlington Ave

Year built

2011

Lot size

9.70 AC

Property size (Sq ft)

46,543 SF

Property type

Office properties

Property subtype

Office buildings

APN

R6779255

APU

R6779255

Description

This exceptional 46,543-square-foot office and warehouse facility presents a rare opportunity for acquisition. Situated on approximately 9.7 acres in Evans, Colorado, this single-tenant property boasts a strategic location near the intersection of State Highways 85 and 34, providing convenient access to the entire Front Range. The property's proximity to Greeley, Colorado, home to the University of Northern Colorado and a significant workforce, ensures a readily available talent pool. Built in 2012, the two-story building features ample parking with 155 spaces and four convenient drive-in bays, catering to diverse operational needs. The I-3 zoning allows for a variety of uses. Its location just 45 miles north of Denver International Airport and a 60-minute drive from Downtown Denver makes it highly attractive for businesses requiring easy access to major transportation hubs and a central location within the Front Range. The property's size and features make it suitable for a variety of businesses, including those requiring both office and warehouse space. This is a unique opportunity to acquire a well-located, functional, and substantial commercial property in a growing area of Weld County. The building consists of a single structure.

• CAP approach

  CAP return

  Valuation

  6%

  $11,120,277

  6.5%

  $10,264,871

  7%

  $9,531,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,221,628

  Geo Method

  $3,845,383

• Alternative Use

  Use

  Valuation

  Residential

  $12,728,440

  Hospitality

  $11,659,183

  Educational

  $9,700,303

  Medical

  $10,033,911

  Retail

  $15,089,360

Location Insight

City

Evans

County

Weld

State

Colorado

Latitude

40.3723

Longitude

-104.702

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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