5649 Arapahoe Ave Boulder, CO 80303
- Industrial properties
- 8,348 SF
- 1.62 lot acres
Current Use by Public Records
- Scientech Inc / Laboratory Equipment Supplier / Laser Equipment Supplier
- Glass Doctor Home + Business of Boulder / Glass Repair Service
Property Details for 5649 Arapahoe Ave
- Year built
- 1978
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.62 lot acres
- Property size
- 8,348 SF
- Zone code
- 3115
- Property type
- Industrial properties
- APN
- 1463-27-0-00-066
- APU
- 146327000066
Description
This exceptional Boulder County investment opportunity encompasses a 13,104-square-foot property situated on a 1.6-acre lot (70,753 square feet). The property features two buildings, offering a blend of executive office and manufacturing space. Building one is a two-story structure with enclosed offices, conference rooms, and a kitchen, ideal for administrative functions. Building two, a single-story structure, currently houses two tenants: a machinist shop and a glass installer, showcasing the property's versatility. This building includes an 8'x14' roll-up door, suitable for industrial operations. The property boasts excellent visibility on Arapahoe Avenue and ample parking. The expansive lot includes a grassy area and a picnic table. Built in 1978, the property is zoned for Industrial/Manufacturing use. Utilities include City of Boulder water, Xcel Energy electricity, and three-phase 400-amp and single-phase 200-amp power. The asking price is $2,800,000, with a price per square foot of $213.68. 2023 property taxes totaled $50,597. This property presents a unique opportunity to acquire a well-located, versatile commercial property in a thriving Boulder market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $385,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $350,000
- Mixed-Use
- $375,000
- Hospitality
- $295,000
- Educational
- $365,000
- Residential Income
- $345,000
- Energy
- $375,000
- Income-Based Land
- $350,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.222
- Latitude
- 40.0156
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA
