4300 Kipling St Wheat Ridge, CO 80033
- Retail space
- 12,992 SF
- 0.96 lot acres
Current Use by Public Records
- Retail space
Property Details for 4300 Kipling St
- Year built
- 1989
- Lot size
- 0.96 lot acres
- Property size
- 12,992 SF
- Property type
- Retail space
- APN
- 39-222-99-007
- APU
- 3922299007
Description
This 13,000-square-foot shopping center, located at 4300 Kipling Street in Wheat Ridge, Colorado (zip code 80033), presents a compelling investment opportunity. The property, built in 1989, features a single, one-story building situated on a 41,652-square-foot lot and is zoned C-1. The center boasts 52 parking spaces and offers a mix of retail spaces. Currently, there are three units, with one tenant under a triple-net (NNN) lease with a remaining term of approximately 0.8 years (Lease Commencement: April 1, 2022
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,245,000
- 6.5%
- $2,310,000
- 7%
- $2,200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,250,000
- Geo Method
- $2,320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,450,000
- Retail
- $1,895,000
- Mixed-Use
- $2,110,000
- Hospitality
- $2,465,000
- Educational
- $2,075,000
- Residential Income
- $2,425,000
- Energy
- $1,945,000
- Income-Based Land
- $1,880,000
- Food Service
- $1,920,000
Location Insight
- Map
- Local Demand
- City
- Wheat Ridge
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.109
- Latitude
- 39.7766
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA