5215 80th Ave Arvada, CO 80003-1905
- Retail space
- 3,455 SF
- 0.44 lot acres
Current Use by Public Records
- Vacuums R Us & Sewing Too - Arvada Store / Vacuum Cleaner Repair Shop / Sewing Machine Repair Service
- Simply Selling Stuff / Internet Marketing Service / Internet Shop
- TVVac / Store
- Oreck Authroized Service / Vacuum Cleaner Store / Vacuum Cleaner Repair Shop
Property Details for 5215 80th Ave
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 0.44 lot acres
- Property size
- 3,455 SF
- Property type
- Retail space
- APN
- 29-254-14-030
- APU
- 2925414030
Description
This exceptional 3,500 square foot retail building in Arvada, Colorado, presents a prime investment opportunity. Located on a hard corner of a King Soopers-anchored shopping center at the intersection of Sheridan Boulevard and West 80th Avenue, this property benefits from high visibility and exceptional daily traffic counts exceeding 65,000 vehicles (based on 2022 census data). The single-story, Class B building, constructed in 2005 and renovated in 2017, sits on a 0.45-acre lot and is zoned MX-U. Its versatile space is suitable for various retail concepts, including convenience stores, quick-service restaurants, and storefronts. While never configured for restaurant use, the building's previous use as a bank branch offers potential for a drive-through facility. The property's strategic location within a thriving commercial hub, surrounded by national retailers such as 24 Hour Fitness, Burger King, Taco Bell, 7-Eleven, Subway, and Ferguson, ensures consistent customer traffic and strong potential for business growth. The asking price is $1,300,000, representing a price per square foot of $371.43. This fee-simple ownership opportunity offers significant potential for return on investment in a highly desirable Arvada location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,170,000
- 6.5%
- $1,035,000
- 7%
- $1,175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,260,000
- Geo Method
- $1,145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,110,000
- Retail
- $1,255,000
- Mixed-Use
- $1,120,000
- Hospitality
- $1,030,000
- Educational
- $1,210,000
- Residential Income
- $1,260,000
- Energy
- $1,075,000
- Income-Based Land
- $1,130,000
- Food Service
- $1,025,000
Location Insight
- Map
- Local Demand
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.054
- Latitude
- 39.8421
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
