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Property profile & analytics
OFF-MARKET Estimated value $565,000
Office buildings

7703 Ralston Rd Arvada, CO 80002-2431

2,326 SF 0.15 ac lot Built 1883
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US13-0200658
Property summary
AI-generated overview

This stunning 3,422 sq ft historic property, built in 1883, is located in the heart of Olde Town Arvada at 7703 Ralston Rd, Jefferson County, CO 80002. The property boasts beautiful hardwood floors, leaded glass chandeliers, and abundant natural light. Currently configured as mixed-use space, the main level (1166 sq ft) offers retail space with a flexible lease, easily reconfigured into four individual offices. The second level (1166 sq ft) mirrors this layout, also adaptable to four separate offices. A 200 sq ft loft provides additional office space. An 896 sq ft unfinished basement offers significant storage or expansion potential. The property includes seven parking spaces and sits on a .28-acre lot (12,197 sq ft) with mature trees and mountain views. The building is zoned OT-RR (Olde Town Ralston Road Mixed Use Business Enterprise District), allowing for live/work options or potential multifamily conversion. Currently 50% occupied, with one lease expiring in November 2024, this presents a unique opportunity for owner-users or investors. The property's prime location offers excellent visibility on Ralston Road, proximity to Olde Town amenities, and easy access to light rail, bus routes, and I-70. The asking price is $1,700,000 ($496.79/sq ft), with a net rentable area of 2,526 sq ft. The potential for rooftop patio expansion adds further value. This is a rare chance to acquire a piece of Arvada's history with significant upside potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1883
Construction FRAME
Total area 2,326 SF
Lot 0.15 ac (6,750 SF)
APN 39-113-12-034
UPID US13-0200658
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hart's Dancewear Dance Store Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
$520k
Comparable Approach Comparable
$777k
Blend (final) Blend
$565k
Owner & transaction history
7703 Ralston Rd LLC · 9 yrs held
7703 Ralston Rd LLC
since 2017
3 recorded transactions
2017
$494,353
2002
$425,000
2000
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $935,000 +17.0%
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