3762 Puritan Way, Frederick, CO 80516-9449
- Warehouses
- 14,720 SF
- 1.12 lot acres
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 3762 Puritan Way
- Year built
- 1999
- Lot size
- 1.12 lot acres
- Property type
- Warehouses
- APN
- R7532399
- APU
- R7532399
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 6, 2023 | $2,700,000 | 5035 Chaparral LLC | 3762 Puritan LLC | Special Warranty Deed | — |
| Aug 24, 2011 | $795,000 | 3762 Puritan LLC | Paragon Financial Investors LLC | Special Warranty Deed | $595k · Paragon Financial Investors LLC |
| Mar 22, 2011 | — | Paragon Finl Invtrs LLC | Public Trustee Of Weld County | Trustees Deed · related | — |
| Mar 3, 2011 | $601,000 | Marx Properties INC | Public Trustee Of Weld County | Certificate Of Purchase | $550k |
| Apr 26, 2006 | — | Marx Properties INC | Marx Mary E Trust | Quit Claim Deed | — |
| Feb 28, 2006 | — | Marx Mary E Trust | Marx Mary E Trust | Quit Claim Deed · related | — |
| May 27, 2005 | $1,050,000 | Marx Mary E Trust | Sandstone Investments I LLC | Grant Deed | — |
| — | — | 3762 Puritan LLC | — | Deed Of Trust · related | $637k · Stockmen's Bank |
Description
This exceptional 14,721-square-foot industrial property in Frederick, Colorado, presents a unique opportunity for businesses seeking a versatile and strategically located space. Situated at 3762 Puritan Way, 80516, this single-tenant building offers a compelling blend of manufacturing, flex, and warehouse/distribution capabilities. The property boasts a well-balanced layout, featuring approximately 4,907 square feet of vacant space ready for immediate occupancy. The existing tenant configuration showcases a practical 30/70 split between office and warehouse areas, ideal for businesses requiring both administrative and operational space. Logistics are simplified with ample parking and a generously sized loading area. The property's prime location provides unparalleled access to major transportation arteries, including Interstate 25 and Highway 52, ensuring seamless connectivity to Longmont, Frederick, Denver, and Boulder. This makes it an attractive option for companies seeking efficient distribution and convenient commutes for employees. The property is classified as Industrial, with subtypes including Manufacturing, Flex, and Warehouse/Distribution. This versatile space is perfect for a variety of businesses seeking a functional and well-connected location in a thriving Colorado community.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,645,000
- ML approach
- $2,465,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,735,000
- 6.5%
- $2,525,000
- 7%
- $2,345,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,648,000
Market price range: $1.33M - $3.45M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,405,000 Current use
- INDUSTRIAL (GENERAL)
- $2,865,000 Change: +19% Conversion: Easy
- RESTAURANT
- $2,815,000 Change: +17% Conversion: Difficult
- OFFICE BUILDING
- $2,700,000 Change: +12% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,540,000 Change: +6% Conversion: Difficult
- RETAIL STORES
- $2,525,000 Change: +5% Conversion: Moderate
- MEDICAL BUILDING
- $2,455,000 Change: +2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Frederick
- County
- Weld
- State
- Colorado
- Longitude
- -104.985
- Latitude
- 40.085
- CBSA code
- 24540
- CBSA name
- GREELEY, CO METROPOLITAN STATISTICAL AREA