7225 Lowell Blvd Westminster, CO 80030
- Retail space
- 7,252 SF
- 0.20 lot acres
Current Use by Public Records
- Electric City Repair & Records / Home Audio Store / Stereo Repair Service
Property Details for 7225 Lowell Blvd
- Year built
- 1962
- Lot size
- 0.20 lot acres
- Property size
- 7,252 SF
- Property type
- Retail space
- APN
- R0065329
- APU
- R0065329
Description
This exceptional value-add retail investment property, located at 7215-7225 Lowell Blvd in Westminster, Colorado, presents a compelling opportunity. The 7,000-9,000 square foot, two-story building, constructed in 1962, sits on an 8,712 square foot lot and is zoned C-1. Currently boasting 100% occupancy with three units, two are month-to-month leases and one larger unit (Electric City) has a lease extending to January 31, 2027. The ground floor offers prime retail space, complemented by a substantial usable basement and two additional upper and lower-level spaces ideal for flex use. This freestanding building enjoys excellent curb appeal and benefits from a high-traffic location adjacent to the intersection of West 72nd Avenue and Lowell Boulevard. The surrounding area is vibrant, featuring a high school, STEM school, fitness center, parks, restaurants, and a mix of residential properties. Its proximity to Westminster Station (within one mile) and the Boulder Turnpike (US 36, approximately half a mile away) further enhances its strategic position within a rapidly developing area. The asking price is $1,580,000. Note that square footage is an estimate based on county records and lease documents.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $510,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $470,000
- Mixed-Use
- $390,000
- Hospitality
- $505,000
- Educational
- $450,000
- Residential Income
- $390,000
- Energy
- $380,000
- Income-Based Land
- $525,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Adams
- State
- Colorado
- Longitude
- -105.035
- Latitude
- 39.8279
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA