12001 Pecos St, Westminster, CO 80234-2073
- Strip malls
- 36,158 SF
- 4.58 lot acres
Current Use by Public Records
- Optimal Solutions Colorado, LLC / Physician
- Mountain View Bank of Commerce / Bank / Loan Service
Property Details for 12001 Pecos St
- Year built
- 1984
- Lot size
- 4.58 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- R0024055
- APU
- R0024055
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 18, 2022 | $10,355,000 | Lafayette Nroth Pecos Retail LLC | Park Plaza Spe LLC | Special Warranty Deed | $7.2M · Independent Bank |
| Aug 31, 2016 | — | Park Plaza Spe LLC | — | Deed · related | $3.3M · Midfirst Bk |
| Dec 22, 2014 | $4,488,750 | Park Plaza Spe LLC | Csmc 2007-c3 Westminster Retai | Grant Deed | — |
| Aug 14, 2013 | — | Csmc 2007-c3 Westminster Retai | Public Trustee Of Adams County | Trustees Deed · related | — |
| Aug 6, 2013 | $3,750,000 | Jb2 LLC | Public Trustee Of Adams County | Certificate Of Purchase | $5.7M |
| Feb 22, 2007 | $3,700,000 | Jb2 LLC | 12001-120th LLC | Trustees Deed | $5.7M · Column Financial INC |
| Sep 27, 2002 | $4,398,800 | Ute City Place LLC | Chambers Pad LLC | Grant Deed | $3.3M · Colorado Business Bank NA |
| — | — | Park Plaza Spe LLC | — | Deed Of Trust · related | $3.3M · Midfirst Bk |
| — | — | Ute City Place LLC | — | Deed Of Trust · related | $4.1M · American Equity Inv Life Ins |
Description
Park Plaza, located at 12001 N Pecos St, Westminster, CO 80234, offers a prime retail opportunity in the Northwestern submarket. This Class B property, built in 1982, comprises two single-story buildings totaling 47,469 square feet. Currently, 2,938 square feet of retail space is immediately available, with a maximum contiguous space of 2,983 square feet. The property sits on a 4.52-acre lot and provides ample parking with 115 spaces. There are no elevators. The location boasts excellent visibility to W 120th Ave and benefits from a diverse tenant mix of both local and national businesses. Its strategic position offers easy access to I-25, a major thoroughfare with over 130,000 vehicles passing daily. Furthermore, the property enjoys a highly advantageous location directly across from Maxar's headquarters, employing 1,183 individuals, ensuring a substantial and consistent customer base. This presents a unique opportunity for businesses seeking high visibility and a strong local presence in a thriving commercial area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $9,310,000
- ML approach
- $8,660,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,845,000
- 6.5%
- $8,165,000
- 7%
- $7,580,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $6,610,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Adams
- State
- Colorado
- Longitude
- -105.007
- Latitude
- 39.9147
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA