141 Davies N Ave Littleton, CO 80120-5211
This exceptional three-story, 15,614 square foot office building presents a fantastic owner-user opportunity in Littleton, Colorado. Located at 141 W Davies Ave N, this Class B property boasts a desirable location, offering convenient access to South Broadway, C-470, and the Littleton Adventist Hospital. The building, constructed in 1984, sits on a 0.74-acre lot (APN 2077-27-2-25-001) and features a finished basement, adding significant usable space. The freestanding brick structure provides ample parking for tenants and visitors. Its prime location offers proximity to a variety of retail, restaurants, and other services, enhancing its appeal and potential for future growth. The property's serene setting, backing to the Highline Canal with a park-like atmosphere, provides a tranquil and attractive environment. Currently vacant, this building offers a blank canvas for a new owner to customize and develop to their specific needs. The asking price is $2,300,000, translating to $147.30 per square foot. This represents a compelling investment opportunity in a thriving Littleton location. Don't miss this chance to acquire a well-situated, spacious office building with significant potential.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.