30403 Kings Vly Dr, Conifer, CO 80433-7440
- Commercial real estate
- 3,371 SF
- 6.25 lot acres
Current Use by Public Records
- Trexon - ConexSmart / Corporate Office / Factory
- Foothills Computer Service / Computer & Electronic Repair
- S-Tech Switch Systems / Industrial Manufacturer / Production Facility
- Mountainside CBD & Wellness / (Bike/Boat/Book/etc) Store / Cosmetic Store
- Conifer Jazzercise Fitness Center / Gym & Fitness Center
Property Details for 30403 Kings Vly Dr
- Year built
- 2008
- Lot size
- 6.25 lot acres
- Property type
- Commercial real estate
- APN
- 61-332-00-002
- APU
- 6133200002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 22, 2022 | — | Lone Tree Trust LLC | King S Valley Trust LLC | Special Warranty Deed | — |
| Jun 22, 2022 | $10,300,000 | American Properties Investment LLC | Lone Tree Trust LLC | Special Warranty Deed | $3M · Firstbank |
| Jul 22, 2020 | $7,000,000 | Kings Valley Marketplace LLC | Kings Valley Mcif LLC | Grant Deed | $5.6M · Kings Valley Mcif LLC |
| Mar 10, 2020 | $6,589,725 | Kings Valley Group LLC | Public Te / Jefferson Cnty | Certificate Of Purchase | $5.8M |
| Apr 30, 2019 | — | Kings Valley Group LLC | — | Deed · related | $5.8M · Montegra Cap Rsrcs |
| Feb 14, 2019 | — | Kings Valley Group LLC | — | Deed · related | $5.7M · Brelf II LLC |
| Apr 26, 2018 | — | Kings Valley Group LLC | — | Deed · related | $5.3M · Brelf II LLC |
| Oct 30, 2017 | — | Kings Valley Group LLC | — | Deed · related | $4.8M · Brelf II LLC |
| Mar 9, 2015 | — | Kings Valley Group LLC | Elk Run Plaza LLC | Warranty Deed | $10k · Trustee Opportunity Ptrs LP |
| Oct 18, 2007 | — | Elk Run Plaza LLC | — | Grant Deed · related | $7.4M · Firstbank Of Evergreen |
| — | — | Kings Valley Group LLC | — | Deed Of Trust · related | $4.8M · Brelf II LLC |
| — | — | Elk Run Plaza LLC | — | Deed Of Trust · related | $800k · Commercial Federal Bank |
| — | — | Kings Valley Group LLC | — | Loan Modification · related | $5.3M · Brelf II LLC |
| — | — | Elk Run Plaza LLC | — | Deed Of Trust · related | $600k · Guaranty Bank & Trust Co |
| — | — | Kings Valley Group LLC | — | Loan Modification · related | $5.7M · Brelf II LLC |
| — | — | Elk Run Plaza LLC | — | Deed Of Trust · related | $7.1M · Commercial Capital |
| — | — | Elk Run Plaza LLC | — | Deed Of Trust · related | $200k · Howard Katz |
| — | — | Kings Valley Group LLC | — | Deed Of Trust · related | $5.8M · Montegra Cap Rsrcs |
Description
This exceptional investment opportunity presents the Kings Valley Marketplace, a two-story, 55,240-square-foot retail storefront located at 30403 Kings Valley Dr, Conifer, CO 80433. Built in 2008, this property sits on a 5.56-acre lot (APN 61-332-00-002) and boasts a current NOI of $787,814, translating to a 4.77% cap rate. A pro-forma NOI of $792,129 projects a 4.80% cap rate, reflecting significant upside potential. The property is currently 98% occupied, with the majority of substantial tenants holding leases ranging from 8 to 84 years. Recent improvements include a parking lot resurfacing exceeding $300,000. The property is zoned P-D and is situated in a thriving, affluent community with limited available space and high demand, creating a highly competitive investment environment. The property offers a long-term investment opportunity with potential for value-add strategies, such as converting leases to NNN structures and leveraging rent escalations. This presents a compelling opportunity for investors seeking strong cash flow and future appreciation in a desirable Colorado location. The asking price is $16,500,000.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $790,000
- 6.5%
- $725,000
- 7%
- $675,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Conifer
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.348
- Latitude
- 39.4922
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
