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    8704 Parkland St Broomfield, CO 80020

    Sponsored
    For Sale
    $2,475,000

    Prime Broomfield commercial land, mixed-use zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.72-acre commercial land parcel is situated in the thriving Arista Development at the intersection of 116th and Wadsworth Pkwy in Broomfield, Colorado (APN 171703426002). Currently unsubdivided, this offering comprises two potential parcels: a 2-acre convenience store pad site and a 4.72-acre site ideal for a multi-tenant commercial development. The seller will level both sites, and subdivision will be the responsibility of the buyer. The property boasts three-quarter access, with water available partway down Parkland Street and sanitary sewer located at the southeast corner. Zoning is designated as Broomfield Mixed-Use Commercial, allowing for a variety of commercial uses, but excluding residential development. This location benefits from the significant recent growth in the Arista area, featuring numerous new apartments, condominiums, and commercial buildings. The asking price is $2,475,000, translating to $12 per square foot. This presents a unique opportunity to capitalize on the burgeoning Broomfield market. The property's address is 8704 Parkland St, Broomfield, CO 80020.

    Property Features for 8704 Parkland St

    General Information

    Property type
    Land
    Lot Size
    205,603 SF

    HighLights

    • 4.72‑acre commercial land parcel in Broomfield, CO's Arista Development at 116th & Wadsworth Pkwy (APN 171703426002).
    • Two potential parcels: a 2‑acre convenience store pad site and a larger 4.72‑acre multi‑tenant site. Seller will level both sites; buyer responsible for subdivision.
    • Three‑quarter access; water partially available on Parkland St; sewer at southeast corner.
    • Broomfield Mixed‑Use Commercial zoning (no residential).
    • $2,475,000 asking price ($12/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Broomfield
    County
    Broomfield
    State
    Colorado
    Longitude
    -105.0674317
    Latitude
    39.9389199

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    FAQs

    What type of property is this?
    Land - Prime Broomfield commercial land, mixed-use zoning.
    Where is this land located?
    The property is located at 8704 Parkland St Broomfield, CO.
    What is the asking price?
    The asking price for this property is $2,475,000.
    What are key features of this property?
    This property features: 4.72-acre commercial land parcel in Broomfield, CO's Arista Development at 116th & Wadsworth Pkwy (APN 171703426002).; Two potential parcels: a 2-acre convenience store pad site and a larger 4.72-acre multi-tenant site. Seller will level both sites; buyer responsible for subdivision.; Three-quarter access; water partially available on Parkland St; sewer at southeast corner.
    (303) 534-4822
    Request Owner's contact information
    8704 Parkland St Broomfield, CO 80020
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    Broomfield, CO 80020
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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
    8704 Parkland St Broomfield, CO 80020
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