6800 79th St, Niwot, CO 80503-7042
- Commercial real estate
- 11,226 SF
- 4.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6800 79th St
- Year built
- 1972
- Construction
- CONCRETE BLOCKS
- Lot size
- 4.09 lot acres
- Zone code
- 2112
- Property type
- Commercial real estate
- APN
- 1315-31-2-22-001
- APU
- 131531222001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 15, 2019 | $7,899,000 | Mac Management Cottonwood LLC | Bridge Coml Ptrs Fund III LLC | Grant Deed | — |
| Nov 23, 2005 | $340,700 | Bridge Coml Ptrs Fund III LLC | Schwartz,sanford | Grant Deed | — |
| Nov 23, 2005 | — | Bock Of Farone LLC | Cws Niwot LLC | Grant Deed | — |
| Nov 23, 2005 | $4,650,000 | Bridge Coml Ptrs Fund III LLC | Bock Of Farone LLC | Grant Deed | $4.8M · Cibc INC |
| Nov 23, 2005 | $487,900 | Bridge Coml Ptrs Fund III LLC | Lubar,neil | Grant Deed | — |
| Nov 23, 2005 | $1,040,000 | Bridge Coml Ptrs Fund III LLC | Lubar Property LLC | Grant Deed | — |
| Nov 22, 2005 | $340,700 | Owner Name Unavailable | Owner Name Unavailable | Warranty Deed · related | — |
| Aug 27, 2003 | $3,711,000 | Bock/farone LLC | Cottonwood Plaza LLC | Grant Deed | — |
| Aug 27, 2003 | $2,474,000 | Cws Niwot LLC | Cottonwood Plaza LLC | Grant Deed | — |
| Aug 27, 2003 | — | Cws Niwot LLC | Lubar Properties LLC | Grant Deed · related | — |
| — | — | David L Edwards | — | Deed Of Trust · related | $1M · Heritage Bank |
| — | — | Cws Niwot LLC | — | Deed Of Trust · related | $4.6M · American Equity Inv Life Ins |
Description
Cottonwood Square offers exceptional office space in the vibrant heart of Niwot, Colorado. This thriving center, situated at the high-traffic intersection of Niwot Road and 79th Street, boasts a diverse mix of retail, restaurant, and office tenants, creating a dynamic and convenient environment. The property features a variety of office spaces suitable for medical, traditional, and creative office uses, catering to a wide range of business needs. Ample free parking is available for tenants and visitors, ensuring easy access and convenience. The center's strategic location between Boulder and Longmont provides excellent accessibility for employees and clients, benefiting from the strong economies and populations of both cities. Niwot itself is a highly desirable community, attracting both local residents and visitors from surrounding areas for its unique shops, award-winning restaurants, and year-round events. This creates a vibrant atmosphere and a strong customer base for businesses located within Cottonwood Square. The property's multiple tenancy structure offers flexibility and a diverse community of businesses. This is a rare opportunity to secure office space in a thriving, well-established center in a highly sought-after location. The blend of retail, restaurant, and office spaces creates a synergistic environment, fostering a strong sense of community and attracting a diverse clientele.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,525,000
- 6.5%
- $2,330,000
- 7%
- $2,165,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,728,000
Market price range: $1.13M - $3.73M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,325,000 Current use
- AUTO REPAIR, GARAGE
- $5,225,000 Change: +21% Conversion: Difficult
- OFFICE BUILDING
- $5,055,000 Change: +17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Niwot
- County
- Boulder
- State
- Colorado
- Longitude
- -105.168
- Latitude
- 40.1008
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA
