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Property profile & analytics
OFF-MARKET
Schools

5592 Independence St Arvada, CO 80002

34,231 SF 3.31 ac lot Built 1965
Property ID
US13-1822371
Property summary
AI-generated overview

This exceptional 34,231 square foot facility, situated on a spacious 3.31-acre lot in Arvada, Colorado's Jefferson County (zip code 80002), presents a unique investment opportunity. Currently configured as a turnkey school, this property is zoned R6 Commercial - General w/ E Occupancy, making it suitable for a variety of uses, including religious institutions or higher education. Built in 1965 and extensively renovated in 2023 with approximately $3.7 million in improvements, the building boasts two stories and includes eight lower-level classrooms, five upper-level classrooms, and five administrative/counselor offices. A commercial kitchen, warming kitchen, and a large, gym-like multi-purpose room add to its versatility. The property also features ample outdoor space ideal for a playground or garden, and spectacular mountain views. Parking is abundant, with approximately 155 spaces available. Accessibility is ensured through ADA compliance, including an elevator and at-grade entrances on both levels. Significant upgrades during the 2023 renovation included major mechanical, electrical, and plumbing improvements, a new HVAC system, a completely new fire alarm and sprinkler system, and roof replacement within the last 10 years. The asking price is $7,300,000, translating to $213.26 per square foot. This property offers a rare combination of size, functionality, and recent upgrades, making it an attractive proposition for discerning buyers.

Property profile
Verified
Property type Schools
Year built 1965
Total area 34,231 SF
Lot 3.31 ac (144,184 SF)
UPID US13-1822371
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Local Church Church
  • Prospect Academy High School
  • All Precious Children Learning Center High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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