7435 Peakview Ave Centennial, CO 80111
- Office buildings
- 1,716 SF
- 0.03 lot acres
Current Use by Public Records
- Office buildings
Property Details for 7435 Peakview Ave
- Year built
- 1981
- Construction
- FRAME
- Lot size
- 0.03 lot acres
- Property size
- 1,716 SF
- Zone code
- PUD
- Property type
- Office buildings
- APN
- 2075-21-3-11-002
- APU
- 207521311002
Description
This 1,933 square foot office condominium is located at 7435 E Peakview Avenue in the desirable Greenwood Executive Park in Centennial, Colorado. The property offers incredible flexibility with a combination of large private offices and open bullpen areas, making it ideal for businesses requiring both private and shared workspaces. A designated reception area provides ample seating, and the unit includes substantial storage throughout. A convenient kitchen with an eat-in space adds to the functionality. The unit features a warm, bright, and inviting atmosphere, enhanced by recent upgrades including a new furnace, updated lighting, newer bathroom features, a new whole-office humidifier, a new garbage disposal, some new doors and windows, and a reverse osmosis water system. Individual HVAC and electrical systems provide cost savings compared to traditional office rentals, eliminating expenses associated with landlord-paid heating, cooling, taxes, and CAM fees. The low monthly HOA fee is only $456.89. The seller is offering a $10,000 credit at closing, which can be applied towards rate buy-down, closing costs, or other needs. A credit for 2025 HOA dues will also be applied at closing. The property enjoys convenient access to major highways, restaurants, shopping, professional services, and public transportation. Floor plans are available to showcase the functional layout and versatile workspace options.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $385,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $445,000
- 6.5%
- $415,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $334,000
- AI Estimate
- $339,000
Market price range: $244k - $418kMarket price range: $224k - $418k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $325,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $555,000 Change: +71% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $555,000 Change: +70% Conversion: Easy
- RETAIL STORES
- $550,000 Change: +69% Conversion: Moderate
- MEDICAL BUILDING
- $520,000 Change: +60% Conversion: Easy
- WAREHOUSE, STORAGE
- $275,000 Change: -16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Centennial
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.902
- Latitude
- 39.5989
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA