5656 Ward Way Arvada, CO 80002-1345
- Retail space
- 7,200 SF
- 0.90 lot acres
Current Use by Public Records
- Myla June Jewelry / Jewelry Store
- New Era Dental / Dental Implants Periodontist / Dental Laboratory
- Carol A. Hackl, RPh / Pharmacy
- Rachel Holt, PharmD / Pharmacy
- Dr. Derek Owens / Dentist / Practitioner Service Location
Property Details for 5656 Ward Way
- Year built
- 2002
- Construction
- STEEL FRAME
- Lot size
- 0.90 lot acres
- Property size
- 7,200 SF
- Property type
- Retail space
- APN
- 39-083-06-005
- APU
- 3908306005
Description
This exceptional 2,400-square-foot retail space is ideally situated at 5656 Ward Way, Arvada, near the intersection of Ward Road and West 58th Avenue. Currently vacant, this single-tenant property offers immediate occupancy. Built in 2002 and renovated in 2018, the building boasts a high-image design and established neighboring tenants. The space features a spacious open showroom/retail area, separated by a demising wall from a rear storage area. A full, partially finished basement provides additional storage or office space. The property includes approximately 4.17 parking spaces per 1,000 square feet. The zoning is P-D (Jefferson County). This location benefits from significant recent residential growth in the area, including the addition of Timberline Farms (302 apartments) and SaBell developments near Little Raven Park. High visibility from Ward Road and available signage make this an excellent opportunity for businesses seeking strong exposure and a thriving customer base. The property offers a prime location within a rapidly expanding residential community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,085,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,850,000
- 6.5%
- $1,675,000
- 7%
- $1,790,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,685,000
- Geo Method
- $1,780,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,710,000
- Retail
- $1,715,000
- Mixed-Use
- $1,665,000
- Hospitality
- $1,610,000
- Educational
- $1,545,000
- Residential Income
- $1,580,000
- Energy
- $1,285,000
- Income-Based Land
- $1,370,000
- Food Service
- $1,480,000
Location Insight
- Map
- Local Demand
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.138
- Latitude
- 39.8003
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
