11005 Ralston Rd Arvada, CO 80004-4551
- Medical offices
- 9,743 SF
- 1.81 lot acres
Current Use by Public Records
- Heather L. Steffen, PSYD / Psychologist
- Olsen Karl N / Lawyer
- Dr. Theodore R. Shille, DDS / Doctor
- Dolores A. Sangiuliano, RN / Registered General Nurse
- Piatek Magdaline MD / Doctor
Property Details for 11005 Ralston Rd
- Year built
- 2014
- Lot size
- 1.81 lot acres
- Property size
- 9,743 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 39-043-00-020
- APU
- 3904300020
Description
This exceptional 20,250-square-foot Class-C office building presents a compelling redevelopment opportunity in Arvada, Colorado. Currently configured as a medical/dental facility, the property sits on a substantial 1.8-acre lot and offers significant upside potential. Priced competitively below market average, this asset promises strong value appreciation. The building boasts robust mechanical, electrical, and plumbing (MEP) infrastructure, making it well-suited for adaptive reuse. Its Mixed-Use Neighborhood (MX-N) zoning allows for a diverse range of uses, including medical offices, multifamily housing, educational facilities, and more. Ample parking is a key feature, with 120 spaces, including a detached oversized garage. The current layout and extensive parking enhance its appeal for various commercial and residential projects. Located in the thriving Northwest Denver submarket, this property benefits from low vacancy rates and high demand for mixed-use developments. This strategic location within Arvada offers investors a chance to capitalize on the area's growth and create a dynamic project that meets the community's evolving needs. Don't miss this chance to acquire a versatile and strategically positioned property in a rapidly developing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $420,000
- 6.5%
- $380,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $425,000
- Mixed-Use
- $345,000
- Hospitality
- $430,000
- Educational
- $450,000
- Residential Income
- $465,000
- Energy
- $355,000
- Income-Based Land
- $360,000
- Food Service
- $460,000
Location Insight
- Map
- Local Demand
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.122
- Latitude
- 39.8135
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
