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    8501 Turnpike Dr Westminster, CO 80031

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    For Sale
    $4,700,000

    23,779 SF multi-tenant office building in Westminster, Colorado.

    Property size:
    23,779 SF

    Property Features for 8501 Turnpike Dr

    General Information

    Size
    23,779 SF

    Building Details

    Year built
    2000

    Source: Brian McKernan Agent Brian McKernan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Westminster Multi-Tenant Office Building

    Westpark Office Center Building 3 is a multi-tenant office property encompassing 23,779 square feet, situated in Westminster, Colorado. Constructed in 2000, the building is located along the U.S. Highway 36 corridor, near the Westminster Downtown redevelopment project and within proximity to Boulder and Downtown Denver. The property occupies a 1.75-acre site and provides 98 parking spaces, resulting in a parking ratio of 4.03 per 1,000 square feet. The building has been upgraded and maintained by on-site ownership and management. The tenant base includes professional office tenants in sectors such as healthcare (medical & dental), financial services, insurance, legal, and general office use. The property has historically maintained an occupancy rate of 95% or higher. The adjacent Westpark Office Center Buildings 1, 2 & 4 are also available for sale, creating a 4 building office campus investment on an almost 6 acre parcel fronting US-36 (Denver-Boulder Turnpike).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Pacific Mortgage ... Mortgage Lender Holtzman Ent Corporate Office Klenofsky & Steward Injury ... Law Firm Siobhan Nelson Occupational Therapist James Ford Physical Therapist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Adams
    State
    Colorado
    Longitude
    -105.050037
    Latitude
    39.850534

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    FAQs

    What type of property is this?
    Office building - 23,779 SF multi-tenant office building in Westminster, Colorado.
    Where is this office building located?
    The property is located at 8501 Turnpike Dr Westminster, CO.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: - Stabilized investment with a history of consistent 95%+ occupancy.; - Located in the high-tech U.S. Highway 36 corridor, minutes from Boulder and Downtown Denver.; - Strong, diversified tenant base with staggered lease expirations.
    (720) 530-9070
    Request Owner's contact information
    8501 Turnpike Dr Westminster, CO 80031
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    Westminster, CO 80031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8501 Turnpike Dr Westminster, CO 80031
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