Property profile

7110 Lowell Blvd Westminster, CO 80030

OFF-MARKET
Auto shops
Property ID
US13-0383428
7,500 SF 0.98 ac lot Built 1989
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 7.24-acre land assemblage presents a unique investment opportunity in Westminster, Colorado's thriving Westminster Station Transit Oriented Development (TOD) area. Priced at $12,000,000 ($530.79/sq ft), this property boasts a substantial 22,608 square feet and offers a compelling 2.06% cap rate with a Net Operating Income (NOI) of $247,653.84. The site is strategically located within a quarter-mile of the FasTracks Station, benefiting from excellent transit access and the advantages of a Transitional Mixed-Use zoning designation. This allows for diverse development possibilities, including mixed-use or multi-family projects. The property's three-story permitted height adds to its development potential. All parcels are situated within the Adams County Enterprise Zone, providing potential tax incentives. This assemblage represents the largest available land site within the Westminster Station TOD area, offering a streamlined path to development and immediate positive cash flow from closing. The addresses included are 7110 Lowell Blvd and 3350-3440 W 71st Pl, Westminster, CO 80030. This is a rare opportunity to capitalize on the growth and demand within this dynamic transit-oriented development zone.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1989
Total area 7,500 SF
Lot 0.98 ac (42,689 SF)
APN R0100010
UPID US13-0383428

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

7110 Lowell Blvd Westminster, CO 80030-5325
Westminster metro Census 9606 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$330k

Owner & transaction history

since 2024
5 recorded transactions
2024
$2.1M
2008
$275,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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