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    5550 W 60Th Ave Arvada, CO 80003
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    Property profile & analytics

    5550 W 60Th Ave, Arvada, CO 80003

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    • Warehouses
    • 22,465 SF
    • 3.26 lot acres
    For Sale
    $6,799,000
    View Listing →
    Fully Occupied Industrial Asset For Sale
    $6,799,000
    3.26 Acres

    Fully Occupied Industrial Asset

    Multi-tenant industrial property with long-term leases and solar panels.

    5550 W 60th Ave, Arvada, CO 80003
    View Listing
    Property ID
    US13-0747125
    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
    3.9%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Stanmark Electric / Electrical Service / General Contractor
    • Piper Electric Co / Electrical Service / General Contractor

    Property Details for 5550 W 60Th Ave

    Year built
    1968
    Construction
    STEEL FRAME
    Lot size
    3.26 lot acres
    Property type
    Warehouses
    APN
    39-124-00-003
    APU
    3912400003

    Description

    This exceptional investment opportunity presents a fully occupied, multi-tenant industrial warehouse located at 5550 W 60th Ave, Arvada, CO 80003. The 30,708 square foot Class B property, built in 1968 and extensively renovated in 2022, boasts 100% occupancy across three units with four tenants. The Net Lease (NNN) structure provides a stable income stream, currently generating a 6.64% cap rate and a Net Operating Income (NOI) of $464,920. The asking price is $6,999,999, translating to $227.95 per square foot. Recent renovations included new plumbing and electrical systems, updated mechanical units, interior office finishes, landscaping, and complete asbestos remediation. The property features 12-14 foot ceilings, a 2000 AMP, 277/480 Volt, 3-phase power system, one dock-high door, one loading dock area, and one overhead drive-in door. Additional features include a 108 kW rooftop solar panel system generating supplemental income, a fully fenced yard with security gate and cameras, and ample outdoor storage space on the 3.26-acre lot. The property benefits from its strategic location with immediate access to major transportation arteries, including the Sheridan/I-76 interchange, providing easy access to I-70 and I-25. The light industrial zoning allows for versatile usage. This turnkey asset offers a compelling combination of strong cash flow, modern amenities, and significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,740,000
      ML approach
      $5,700,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,092,000
      Market price range: $2.78M - $6.88M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,760,000
      Current use
      RETAIL STORES
      $9,040,000
      Change: +90% Conversion: Moderate
      OFFICE BUILDING
      $8,625,000
      Change: +81% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $7,820,000
      Change: +64% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Arvada
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.057
    Latitude
    39.8045
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $92,890
    $129,294
    $828,373
    $957,667
    -
    $463,421
    $2,969,079
    $3,432,500

    Comparable in this City

    • Value Estimation
      $4,895,000
      2,700 SF

      5965 Sheridan Blvd

      MINI-WAREHOUSE, STORAGE
      5965 Sheridan Blvd, Arvada, CO 80003-5718
      View Details
    • Value Estimation by Request
      1,984 SF

      5903 Lamar St

      WAREHOUSE, STORAGE
      5903 Lamar St, Arvada, CO 80003-5618
      View Details
    • Value Estimation
      $755,000
      8,000 SF

      6611 58th Pl

      WAREHOUSE, STORAGE
      6611 58th Pl, Arvada, CO 80003-5501
      View Details
    • Value Estimation
      $2,745,000
      27,005 SF

      6727 58th Pl

      WAREHOUSE, STORAGE
      6727 58th Pl, Arvada, CO 80003-5503
      View Details
    • Value Estimation
      $710,000
      3,364 SF

      5940 59th Ave

      WAREHOUSE, STORAGE
      5940 59th Ave, Arvada, CO 80003-5669
      View Details
    • Value Estimation
      $2,520,000
      26,765 SF

      6715 58th Pl

      WAREHOUSE, STORAGE
      6715 58th Pl, Arvada, CO 80003-5503
      View Details

    Similar Nearby for Sale

    • $6,799,000

      Fully Occupied Industrial Asset

      Multi-tenant industrial property with long-term leases and solar panels.
      5550 W 60Th Ave, Arvada, CO 80003
      View Details
    • Contact for pricing

      Arvada Land Zoned A-1

      3.913 acres of land for sale in Arvada, Colorado.
      5555 W 69Th Ave, Arvada, CO 80003
      View Details
    • $425,000

      Arvada Land with Mountain Views

      Undeveloped 0.7-acre lot with views, suitable for residential construction.
      7402 W 76Th Ave, Arvada, CO 80003
      View Details
    • $1,200,000

      Arvada Retail Property For Sale

      Single-tenant retail property with strong income and long-term investment stability.
      7580 Sheridan Blvd, Arvada, CO 80003
      View Details
    • $600,000
      Pending

      Arvada Land with Well

      Land in Arvada with domestic well and outbuildings.
      5555 W 69Th Ave, Arvada, CO 80003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,000 SF

      Arvada Warehouse with Fenced Yard

      Warehouse, office, and fenced yard space available for lease.
      5920 Lamar St, Arvada, CO 80003
      View Details
    • Contact for pricing
      4,681 SF

      West Denver Warehouse Unit

      Warehouse with secured yard area and new office finish.
      5930 Ingalls St, Arvada, CO 80003
      View Details
    • Contact for pricing
      2,034 SF

      Arvada Retail Space Available

      Retail space available for lease in Arvada, Colorado.
      6618-6680 Wadsworth Blvd, Arvada, CO 80003
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Safeway Center

      Retail spaces available in Safeway anchored shopping center.
      7503-7527 W 80Th Ave, Arvada, CO 80003
      View Details
    • Contact for pricing
      14,494 SF

      Retail Space in Arvada, CO

      Retail space available in Arvada with ample parking.
      6400-6530 Wadsworth Bypass St, Arvada, CO 80003
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      Highly visible shopping center in a rapidly growing Denver area.
      8025 Sheridan Blvd, Arvada, CO 80003
      View Details
    View Listing
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    Arvada, CO 80003
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    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.

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