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573 Arthur Ave Louisville, CO 80027

OFF-MARKET Industrial properties Google Maps
7,744 SF 0.85 ac lot Built 1992
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 7,744 square foot freestanding industrial building is located in the Colorado Tech Center at 573 S Arthur Avenue, Louisville, CO, on a 0.85-acre lot. Recently renovated inside and out, this property offers a compelling opportunity for owner-occupancy or investment. The warehouse boasts 16-foot ceilings and a 12-foot high dock door with a lift. The expansive workspace is complemented by a substantial workroom/office area featuring write-on boards, a conference room, a welcoming lobby, and a newly updated break room complete with modern appliances, cabinets, and countertops. Significant improvements include a newly constructed approximately 960 square foot lab space with brand new fire-rated commercial doors, a professional mold remediation, new drywall texture and paint throughout the office areas, and a complete polishing and sealing of the concrete floors in the offices and reception area. The approximately 760 square foot office addition further enhances the functionality of the space, expanding the conference room by approximately 25 square feet. Custom blinds have been installed throughout. Exterior enhancements include the addition of French drains to all four rear drains, new energy-efficient outdoor lighting on all four sides of the building, and landscaping improvements including tree removal and cleanup. Ample parking is available, with room for expansion. The property's strategic location, halfway between Denver and Boulder, provides convenient access to Highway 287. Nearby bike trails offer easy access to Louisville's town center. A comprehensive list of neighboring businesses in the Colorado Tech Center can be found online. This property is listed at $2,200,000.

Property profile

Verified
Property type Industrial properties
Year built 1992
Total area 7,744 SF
Lot 0.85 ac (37,026 SF)

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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