4700 60th Ave Arvada, CO 80003-6927
- Distribution centers
- 15,000 SF
- 1.36 lot acres
Current Use by Public Records
- RJR Engineering, P.C. / Civil Engineering Construction Company
- DeCo Tint PPF Wrap / Vehicle Wrapping Service / Window Tinting Service
- Mathews Family LLC / Family Practice Physician / Medical Clinic
- Tintamerica / Window Tinting Service
- AMP Motor Vehicles Inc / Car Dealer
Property Details for 4700 60th Ave
- Year built
- 1999
- Lot size
- 1.36 lot acres
- Property size
- 15,000 SF
- Property type
- Distribution centers
- APN
- R0124484
- APU
- R0124484
Description
This exceptional 15,300-square-foot flex industrial building presents a compelling investment or owner-user opportunity in Arvada, Colorado. Situated on a 1.36-acre lot, the property benefits from MX-T zoning, allowing for diverse business applications. Constructed in 1999, this single-story building features modern amenities, including recently completed upgrades such as new paint and asphalt overlay (2023). The high ceilings, ranging from 15'4" to 16'9", accommodate various industrial needs, complemented by robust 800A 3-phase 240V power. Efficient loading and distribution are facilitated by one dock-high door and three drive-in doors (11' W x 10' H). The property's four separately metered units generate existing income, making it particularly attractive for investors seeking a multi-tenant revenue stream. Additional features include floor drains and a location within an Enterprise Zone. The lease is a NNN lease, commencing January 1, 2019, and expiring December 31, 2025, with approximately 1.1 years remaining. This property offers a unique blend of functionality, modern upgrades, and income potential, making it an ideal choice for discerning buyers. The address is 4700 W 60th Ave, Arvada, CO 80003.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $695,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $750,000
- 7%
- $825,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $945,000
- Geo Method
- $855,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $825,000
- Retail
- $840,000
- Mixed-Use
- $690,000
- Hospitality
- $815,000
- Educational
- $865,000
- Residential Income
- $675,000
- Energy
- $700,000
- Income-Based Land
- $825,000
- Food Service
- $865,000
Location Insight
- Map
- Local Demand
- City
- Arvada
- County
- Adams
- State
- Colorado
- Longitude
- -105.048
- Latitude
- 39.8052
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
