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Property profile & analytics
OFF-MARKET Estimated value $515,000
Banks

1955 120th Ave Westminster, CO 80234-2878

4,323 SF 0.95 ac lot Built 2007
Individually Owned 16-yr Hold Free & Clear
Property ID
US13-0424990
Property summary
AI-generated overview

Park Centre Place offers a rare opportunity to lease 1,271 square feet of Class A retail space in Broomfield County. This single-story building boasts a strong tenant mix, creating a vibrant and attractive shopping environment. The available space is perfect for a variety of retail uses, benefiting from high visibility and foot traffic. The property is classified as a Multiple Tenancy building, indicating a thriving community of businesses. The location within Broomfield County provides excellent access to a substantial customer base. This is a unique chance to establish or expand your retail presence in a desirable and well-established commercial center. The space is immediately available, presenting a timely opportunity for businesses seeking a prime location with a proven track record of success. The building's Class A designation reflects its high-quality construction and modern amenities. Don't miss this chance to secure a prominent retail space in a thriving Broomfield County location. Contact us today to schedule a viewing and learn more about this exceptional opportunity. The space is 1,271 square feet and is ready for immediate occupancy.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2007
Total area 4,323 SF
Lot 0.95 ac (41,426 SF)
APN R0172830
UPID US13-0424990
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vectra Bank - Park Centre Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
$535k
Blend (final) Blend
$515k
Owner & transaction history
Auburndale-halifax 120th Stree · 16 yrs held
Auburndale-halifax 120th Stree
since 2009
4 recorded transactions
2009
$1.6M
2009
Price N/A
2007
$875,000
2006
$875,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $540,000 +31.9%
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