195 S Union Blvd, Lakewood, CO 80228
- Retail space
- 17,730 SF
- 1.49 lot acres
Current Use by Public Records
- Retail space
Property Details for 195 S Union Blvd
- Year built
- 1977
- Construction
- STEEL FRAME
- Lot size
- 1.49 lot acres
- Property type
- Retail space
- APN
- 49-084-00-017
- APU
- 4908400017
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 24, 2023 | $4,050,000 | Union 1 LLC | Hut Ekahi LLC | Warranty Deed | $3.1M · Fortis Private Bank |
| Jun 26, 2006 | $4,905,000 | Hui Ekahi LLC | Jefferson Office Park Lllp | Grant Deed | $1.5M · Firstbank Of Denver NA |
| Dec 14, 2005 | — | Jefferson Office Park Lllp | Union One LLC | Quit Claim Deed · related | $400k · Citywide Banks |
| Mar 30, 2004 | — | Union One LLC | Office Park Lllp | Quit Claim Deed · related | — |
| Jul 25, 2003 | $1,250,000 | Jefferson Office Park Lllp | Nestor,david C & Ann R | Grant Deed | $7M · Citywide Banks |
| Jul 25, 2003 | — | David C Nestor | Santa Fe Building L L C | Quit Claim Deed · related | — |
| Feb 11, 2003 | — | Santa Fe Building LLC | Nestor,david | Quit Claim Deed · related | — |
| — | — | Hui Ekahi LLC | — | Deed Of Trust · related | $1.1M · Bank Of The West |
| — | — | Hui Ekahi LLC | — | Deed Of Trust · related | $175k · Firstbank NA |
| — | — | Hui Ekahi LLC | — | Deed Of Trust · related | $175k · Firstbank NA |
| — | — | Hui Ekahi LLC | — | Deed Of Trust · related | $175k · Firstbank Of Denver NA |
| — | — | Hui Ekahi LLC | — | Deed Of Trust · related | $80k · Firstbank Of Denver NA |
| — | — | Hui Ekahi LLC | — | Deed Of Trust · related | $175k · Firstbank Of Denver NA |
| — | — | Api Properties 129 LLC | — | Deed Of Trust · related | $16k · David C & Ann R |
| — | — | David C Nestor | — | Deed Of Trust · related | $6.6M · Guaranty Bank & Trust Co |
| — | — | David C Nestor | — | Deed Of Trust · related | $6.6M · Guaranty Bank & Trust Co |
Description
Union One, located at 195 S Union Blvd, Lakewood, CO 80228, offers a diverse range of office and retail spaces. This two-story, 21,971 square foot building, constructed in 1977 and renovated in 2006, features a single building with elevator access. The property offers flexible floor plans, with spaces ranging from a minimum of 1,696 square feet to a maximum contiguous space of 3,392 square feet. Currently, there is no vacant space. The building's design caters to various business needs, encompassing traditional, executive, and creative office spaces, as well as in-line retail and storefront options. Union One boasts excellent visibility, situated in a high-traffic area with over 42,000 cars passing daily. Ample on-site parking is available, including a covered garage, ensuring convenience for both employees and clients. The building's retail areas feature bright, open layouts with high ceilings and laminate flooring, creating an attractive environment for businesses. Monument and building signage opportunities are also available. This property is ideal for businesses seeking a well-maintained, conveniently located space with strong visibility and ample parking in the thriving Lakewood, Colorado market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,295,000
- ML approach
- $4,105,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,045,000
- 6.5%
- $3,735,000
- 7%
- $3,465,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,383,000
Market price range: $3.23M - $8.31M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $5,700,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $5,755,000 Change: +1% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $5,740,000 Change: +1% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $5,510,000 Change: -3% Conversion: Difficult
- MEDICAL BUILDING
- $5,385,000 Change: -6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.134
- Latitude
- 39.7123
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
