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    8704 Parkland St Broomfield, CO 80020

    For Sale
    $2,600,000

    2-Acre Mixed-Use Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2-acre commercial land parcel, located at 8704 Parkland St, Broomfield, CO 80020, presents a unique investment opportunity within the thriving Arista Development at 116th and Wadsworth Pkwy. Currently unsubdivided, this property offers the potential for two separate commercial developments. The seller will level the land, and the buyer will be responsible for subdivision. One parcel is a 2-acre convenience store pad site, offering three-quarter access to be developed. An adjacent 4.72-acre parcel (not included in this listing) is also available for development as a multi-tenant commercial site. Zoned for Mixed-Use Commercial, this location prohibits residential development. The site benefits from existing infrastructure, including water lines partway down Parkland St and sanitary sewer lines at the southeast corner. This prime location has experienced significant growth, surrounded by new apartments, condominiums, and commercial buildings. The asking price is $2,600,000, with a land value of $30 per square foot. The APN is 171703426002. This is an ideal opportunity for developers seeking a high-growth area with excellent access and infrastructure.

    Property Features for 8704 Parkland St

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre commercial land parcel in Broomfield, CO's Arista Development, at $2,600,000 ($30/SF).
    • Unsubdivided, potential for two commercial developments; seller will level the land.
    • One parcel is a 2‑acre convenience store pad site with 3⁄4 access; adjacent 4.72‑acre parcel (separate listing) available for multi‑tenant development.
    • Mixed‑Use Commercial zoning; no residential allowed.
    • Existing infrastructure includes partial water and sewer lines; high‑growth area with new residential and commercial development.
    • APN: 171703426002.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Pharmacy 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 - 2-Acre Mixed-Use Development Site
    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 $2,600,000.
    What are key features of this property?
    This property features: 2-acre commercial land parcel in Broomfield, CO's Arista Development, at $2,600,000 ($30/SF).; Unsubdivided, potential for two commercial developments; seller will level the land.; One parcel is a 2-acre convenience store pad site with 3⁄4 access; adjacent 4.72-acre parcel (separate listing) available for multi-tenant development.
    (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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