5592 Independence St Arvada, CO 80002
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.
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Prospect Academy High School
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All Precious Children Learning Center High School Daycare Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.