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    5612 Newland Way Arvada, CO 80002-2604
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    Property profile & analytics

    5612 Newland Way, Arvada, CO 80002-2604

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    • Life science properties
    • 6,000 SF
    • 0.41 lot acres
    Off-Market
    Last Sale Oct 16, 2024
    $975,000
    Property ID
    US13-0669441
    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
    $1,035,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Life science properties

    Property Details for 5612 Newland Way

    Year built
    1965
    Construction
    STEEL FRAME
    Lot size
    0.41 lot acres
    Property type
    Life science properties
    APN
    39-123-00-083
    APU
    3912300083

    Description

    This exceptional 6,000-square-foot industrial property, located at 5612 Newland Way in Arvada, Colorado, presents a compelling investment or user opportunity. Situated on a 17,576-square-foot lot, this single-story, 1965-built building currently features three units, each offering drive-in loading. However, the property's layout allows for easy conversion back to its original four-unit configuration, capitalizing on the high demand for smaller industrial spaces (1,000-3,000 square feet) in this tight market. The property boasts several recent upgrades, including a roof replacement in 2020 and new electrical panels installed in 2022. Additional features include a small fenced storage area in the rear and extra storage space on the building's south side. Currently operating at 75% occupancy, this property offers significant potential for increased rental income by bringing the units closer to market rates. The asking price is $1,195,000, translating to $199.17 per square foot. The property is zoned IL, making it suitable for a variety of industrial uses. This is a rare opportunity to acquire a well-maintained, adaptable industrial property in a highly sought-after Arvada location (Jefferson County, zip code 80002).


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,154,000
      Market price range: $1.15M - $2.43M
    • Alternative Use

      Use
      Estimation
      R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
      $1,630,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Arvada
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.07
    Latitude
    39.7989
    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
    $15,542
    $24,673
    $135,556
    $160,229
    -
    $88,435
    $515,865
    $604,300
    More about this property
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