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    8773 Yates Dr Westminster, CO 80031

    Sponsored
    For Sale
    $1,900,000

    Prime 1.45-acre hotel site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.45-acre development opportunity in Westminster, Colorado, is ideally situated on Highway 36, between Denver and Boulder. Its strategic location, nestled between a DoubleTree hotel and the Sheridan Light Rail station, provides unparalleled access to major transportation arteries and key employment centers in Broomfield and Interlocken. The 63,520 square foot lot presents a unique chance to develop a new hotel, catering to both leisure and corporate travelers. The site's proximity to Denver and Boulder ensures a robust demand for hotel accommodations. This property is perfect for various hotel brands, including but not limited to Courtyard by Marriott, TownePlace Suites, StudioRes by Marriott, Hyatt Studios, and ECHO by Wyndham. The asking price for this prime development land is $1,900,000. This presents a compelling investment opportunity in a high-growth area with strong potential for significant returns. The property is being offered for sale by owner. Adams County location, zip code 80031, address 8773 Yates Dr.

    Property Features for 8773 Yates Dr

    General Information

    Property type
    Motels
    Lot Size
    63,162 SF

    HighLights

    • 1.45‑acre prime development site.
    • Multiple Marriott, Hyatt, and Wyndham branded hotel options available.
    • Located between a DoubleTree Hotel and Sheridan Light Rail Station.
    • Excellent access to Denver, Boulder, and major employment centers.
    Property Profile Location Intelligence

    Current Use by Public Records

    DoubleTree by Hilton ... Hotel Springs Fabrication Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Adams
    State
    Colorado
    Longitude
    -105.05141664091
    Latitude
    39.857107815226

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    FAQs

    What type of property is this?
    Motel - Prime 1.45-acre hotel site
    Where is this motel located?
    The property is located at 8773 Yates Dr Westminster, CO.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 1.45-acre prime development site.; Multiple Marriott, Hyatt, and Wyndham branded hotel options available.; Located between a DoubleTree Hotel and Sheridan Light Rail Station.
    Request Owner's contact information
    8773 Yates 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
    8773 Yates Dr Westminster, CO 80031
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