5945 Ward RdArvada, CO 80004

  • Office properties
  • 3,177 SF
For Sale
$1,499,900 View listing

Property Details for 5945 Ward Rd

Year built
2009
Lot size
0.86 AC
Property size (Sq ft)
3,177 SF
Property type
Office properties
Property subtype
Office buildings
APN
39-083-01-008
APU
3908301008

Description

This exceptional Class A office building, situated on a 0.86-acre lot in Arvada's western corridor, offers 6,354 square feet of meticulously finished space. The two-story building boasts two main entrances, one on each level, and features high-end finishes throughout, including designer tile, high-grade carpet and LVP flooring, custom wood trim, and updated HVAC, plumbing, and electrical systems. Abundant natural light streams in through numerous windows in every room. The upper level includes a large foyer, seven spacious private offices, a large conference room, a workspace with granite countertops and cabinetry, two bathrooms, and a sizable eat-in kitchen with appliances. The lower level, also above grade with full-sized windows, offers six more large offices, a bathroom, a full kitchen with appliances, and two additional meeting/conference rooms. The property also includes a large, lighted asphalt parking lot, a secured dumpster area, and a secured mailbox. Professionally landscaped, this property enjoys excellent visibility and accessibility, close to major thoroughfares (72nd, 64th Avenues), highways (I-70, C-470, I-25, and Hwy 93), shopping, restaurants, and Olde Town Arvada. The 0.86-acre lot allows for the potential construction of an additional freestanding building on the north section. The adaptable layout is suitable for various uses, including multi-tenant, office, medical, dental, accounting, or legal practices. Priced at $1,499,900.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $583,855
    6.5%
    $538,943
    7%
    $500,447
  • Comparable approach

    Method
    Valuation
    Relative Method
    $646,537
    Geo Method
    $262,484
  • Alternative Use

    Use
    Valuation
    Residential
    $668,289
    Hospitality
    $612,149
    Educational
    $509,301
    Medical
    $526,816
    Retail
    $792,246
5945 Ward Rd, Arvada, Colorado
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Location Insight

City
Arvada
County
Jefferson
State
Colorado
Latitude
39.8048
Longitude
-105.138
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,492
$193,159
$286,163
$479,322
-
$692,326
$1,055,674
$1,748,000

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