Arvada Office Building For
For Sale
Contact for pricing
7707 Ralston Rd, Arvada, CO 80002
Office building in Old Town Arvada, owner carry opportunity.
Property Size2,234 SF
Price / SF$308.86
Days on Market782
Property Features for 7707 Ralston Rd
General Information
Standard status
Active
Size
2,234 SF
Class
C
Property subtype
Office
Zoning
OT-RR
Listing Agency:
RE/MAX Commercial Alliance
Listed By:
Doug Jennings · License #CO
(855) 725-3052
Source:
Crexi
Added: Aug 17, 2024
Changed: Aug 8
Last Checked: Aug 22 at 8:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Commercial Alliance
Investment Insights
Based on property information with market context.
This property, currently configured as an insurance office building, presents an opportunity for various businesses to own space in the Old Town Arvada area. The site, a home converted into an office, is suitable for a small office. The property offers an owner carry (seller financing) option. The building has a size of 2234 square feet.
Key Highlights
- Owner carry (seller financing) available.
- Located in the desirable Old Town Arvada area.
- Suitable for a small office.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,561
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,220
$611.2K
Cap Rate 7%
$436,586
$436.6K
Cap Rate 9%
$339,567
$339.6K
Market Conditions
NOI Build-Up for 2,234 SF
Gross rent
$53.6K $24.00/SF
− Vacancy
−$12.9K −$5.76/SF
EGI
$40.7K $18.24/SF
− OpEx
−$10.2K −$4.56/SF
NOI
$30.6K $13.68/SF
Area
Arvada, CO
Vacancy
24.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,220
Cap Rate 7%
$436,586
Cap Rate 9%
$339,567
Alternative Uses
Best Use
Office B
$436.6K
$382.0K – $509.4K
NOI $30,561 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$597.4K
$522.8K – $697.0K
NOI $41,820 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,306
Businesses Nearby
Explore this area
Business Placement
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building in Old Town Arvada, owner carry opportunity.
Where is this office building located?
The property is located at 7707 Ralston Rd Arvada, CO.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Owner carry (seller financing) available.; Located in the desirable Old Town Arvada area.; Suitable for a small office.
