5600 Arapahoe Ave, Boulder, CO 80303
- Specialty properties
- 18,132 SF
- 2.54 lot acres
Current Use by Public Records
- Farmers Insurance - Kevin Ratzlaff / Insurance Agency
- Behavioral Treatment Services / Medical Clinic
- Viaserv Inc / (Bike/Boat/Book/etc) Store / Corporate Office
- Intervention / Charitable Organization / Social Service Agency
Property Details for 5600 Arapahoe Ave
- Year built
- 1983
- Construction
- FRAME
- Lot size
- 2.54 lot acres
- Property type
- Specialty properties
- APN
- 1463-34-2-03-005
- APU
- 146334203005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 27, 2018 | $3,000,000 | Fairway Fortress LLC | Fairways 5600 Arapahoe Limited Liab | Special Warranty Deed | $2M · Wells Fargo Bank NA |
| Jul 5, 2007 | $6,100,000 | Owner Name Unavailable | Owner Name Unavailable | Warranty Deed · related | $2.7M · Colorado Housing & Finance Aut |
| Mar 23, 2006 | $5,500,000 | Owner Name Unavailable | Owner Name Unavailable | Warranty Deed · related | — |
| — | — | Fairways In My Backyard Lllp | — | Deed Of Trust · related | — |
| — | — | Fairways In My Backyard Lllp | — | Deed Of Trust · related | $4.7M · Colorado Housing & Finance Aut |
Description
This exceptional 10,484 square foot commercial property, situated on a 0.29-acre lot at 5600 Arapahoe Avenue in Boulder, Colorado, presents a compelling investment opportunity. The building boasts 12 suites currently housing 10 tenants, with lease terms ranging from one to three years, ensuring a stable income stream. The property enjoys a near-full occupancy rate, minimizing vacancy risks. Its enviable location offers unparalleled proximity to a vibrant array of popular restaurants and breweries, including Blackbelly, Pica's Mexican, Ozo Coffee, Snarf's, Le Frigo, Wild Provisions, 4 Noses Brewing, and Upslope Brewing, attracting a high volume of foot traffic and potential customers. The property's aesthetic appeal is further enhanced by its lush landscaping, meticulously maintained gardens, and inviting outdoor sitting areas, creating a pleasant and welcoming atmosphere. The stunning views overlooking the Flatirons Golf Course add to the property's desirability. Ample parking is provided with 30 spaces available for tenants and visitors. This well-maintained building offers a blend of strong financial performance and desirable location, making it an ideal investment for discerning buyers seeking a stable and potentially appreciating asset in the thriving Boulder market. The property is priced at $3,841,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $510,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $879,000
Market price range: $511k - $2.51M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.224
- Latitude
- 40.0139
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA