Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    5532 Newland Way Arvada, CO 80002

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5532 Newland Way Arvada, CO 80002

    View on Map
    • Commercial real estate
    • 9,310 SF
    Off-Market
    Property ID
    US13-2725686
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • LundHaus / Specialty Food Shop / Supermarket
    • totally chihuahua / (Bike/Boat/Book/etc) Store / Pet Store & Service

    Property Details for 5532 Newland Way

    Year built
    1971
    Property size
    9,310 SF
    Property type
    Commercial real estate

    Description

    This fully renovated, 14-unit apartment building in Arvada, Colorado boasts a prime location near Olde Town, offering exceptional rental income. Built in 1971 and completely renovated in 2024, the property features 9,310 square feet, 28 parking spaces, and a 100% occupancy rate. The property enjoys a strong NOI of $192,676, with a pro-forma NOI of $204,205, resulting in a 5.30% cap rate and a pro-forma cap rate of 5.60%. Each of the 14 units includes updated kitchens and bathrooms, new LVP flooring, in-unit washer/dryers, and in-wall air conditioning. Exterior improvements include new windows, landscaping, paint, and lighting. The property sits on an oversized lot with potential for additional parking or garages. Conveniently located near the G Line light rail station and I-70, residents enjoy easy access to major retailers and the charm of Olde Town Arvada. This pet-friendly community offers a turnkey investment opportunity with significant long-term appreciation potential, priced at $3,640,000 ($260,000 per unit and $390.98 per square foot). The building is zoned R-24 and includes a beautifully landscaped courtyard and new stairways. Additional amenities include 24-hour emergency maintenance, a new boiler and hot water heaters (2022), and a new roof (2018). This is a rare opportunity to acquire a high-performing multifamily asset in a thriving Colorado community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Arvada
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.0701308369
    Latitude
    39.797066743457

    Comparable in this City

    • $6,850,000

      Arvada Multifamily Property Sold

      54-unit apartment building in Arvada, Colorado.
      5352 Everett St, Arvada, CO 80002
      View Details
    • $3,575,000

      Arvada Multifamily Investment Opportunity

      18 units near Olde Town Arvada, mostly 2-bedroom units.
      8440 W 52Nd Ave, Arvada, CO 80002
      View Details
    • $2,565,000

      Arvada Fourplex Investment Opportunity

      Three well-maintained fourplex buildings in a desirable Arvada location.
      8662 West 51St Ave, Arvada, CO 80002
      View Details
    • $865,000

      Arvada Multifamily Property

      Multifamily property in Arvada featuring 8 units.
      5562 Newland Way, Arvada, CO 80002
      View Details
    • Contact for pricing
      21,000 SF

      New Arvada Townhomes: Investment Opportunity

      New 12-unit townhome portfolio in Arvada, completed in 2025.
      6643 W 52Nd Ave, Arvada, CO 80002
      View Details
    • $7,100,000

      Arvada Income Restricted Apartment Building

      54-unit apartment building in Arvada, near Olde Town.
      5350 Everett St, Arvada, CO 80002
      View Details

    Similar Nearby for Sale

    • $6,850,000

      Arvada Multifamily Property Sold

      54-unit apartment building in Arvada, Colorado.
      5352 Everett St, Arvada, CO 80002
      View Details
    • $3,575,000

      Arvada Multifamily Investment Opportunity

      18 units near Olde Town Arvada, mostly 2-bedroom units.
      8440 W 52Nd Ave, Arvada, CO 80002
      View Details
    • $2,400,000

      Arvada Apartment Building For Sale

      20-unit apartment building in Arvada, Colorado.
      5351 Everett St, Arvada, CO 80002
      View Details
    • $935,000

      Denver Apartment Building with Units

      Six-unit apartment building in Denver with 3,870 square feet.
      5200 Ingalls St, Arvada, CO 80002
      View Details
    • $2,400,000

      Arvada Multifamily Property

      Multifamily property in Arvada, Colorado.
      8470 W 52Nd Pl, Arvada, CO 80002
      View Details
    • $2,565,000

      Arvada Fourplex Investment Opportunity

      Three well-maintained fourplex buildings in a desirable Arvada location.
      8662 West 51St Ave, Arvada, CO 80002
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Arvada Commercial Space For Rent

      2,500 SF space suitable for auto repair or restaurant/bar.
      6050 W 55Th Pl, Arvada, CO 80002
      View Details
    • Contact for pricing

      Industrial Land For Lease/Sale

      1 to 10 acres available for lease or sale.
      5775 Tennyson St, Arvada, CO 80002
      View Details
    • Contact for pricing

      Arvada Office Space For Rent

      Office building with open layout, natural light, and great location.
      5511 W 56Th Ave, Arvada, CO 80002
      View Details
    • $11 SF/Yr
      20,275 SF

      Arvada Flex Space Available

      Flexible office and warehouse spaces in Arvada business park.
      6385-6425 W 52Nd Ave, Arvada, CO 80002
      View Details
    • Contact for pricing
      4,579 SF

      Arvada Retail Space For Rent

      Retail space in a heavily trafficked Arvada power-center.
      7310 W 52Nd Ave, Arvada, CO 80002
      View Details
    • $8 SF/Yr
      14,494 SF

      Retail Space in Arvada, CO

      Retail space available in Arvada with ample parking.
      6400-6530 Wadsworth Bypass St, Arvada, CO 80002
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5532 Newland Way
    Arvada, CO 80002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!