5310 Ward Rd Arvada, CO 80002
- Office buildings
- 30,359 SF
- 1.41 lot acres
Current Use by Public Records
- Willard's Garage Door Installation Arvada / Garage Door Supplier
- Colorado Commercial & Residential Painting / Painting / Painter
- 365 Property Solutions / House Cleaning Service
- Thrive Health Systems Chiropractors of Arvada / Chiropractor / Blood Testing Service
- 70 West Counseling / Counselor
Property Details for 5310 Ward Rd
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 1.41 lot acres
- Property size
- 30,359 SF
- Property type
- Office buildings
- APN
- 39-171-05-070
- APU
- 3917105070
Description
Supreme Offices II, located at 5310 Ward Rd in Arvada, Colorado 80002, presents a fantastic opportunity for medical professionals. This Class B, three-story building totaling 30,737 square feet sits on 1.9 acres of land and was constructed in 1980. The property features one building with 90 total parking spaces, making it convenient for both staff and patients. Currently, there are six available suites ranging in size from 486 to 1,147 square feet, perfect for a variety of medical practices. The building is not equipped with elevators. Leases are structured as a Modified Gross format, encompassing most utilities (water, gas, and electricity), heating, air conditioning, and janitorial services. Tenants are responsible for their own business phone and internet services
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,080,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,460,000
- 6.5%
- $2,555,000
- 7%
- $2,290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,740,000
- Geo Method
- $2,715,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,310,000
- Retail
- $2,085,000
- Mixed-Use
- $2,145,000
- Hospitality
- $2,745,000
- Educational
- $2,655,000
- Residential Income
- $2,435,000
- Energy
- $2,165,000
- Income-Based Land
- $2,785,000
- Food Service
- $2,835,000
Location Insight
- Map
- Local Demand
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.137
- Latitude
- 39.793
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA