Property profile

7903 Ralston Rd Arvada, CO 80002

OFF-MARKET
Office buildings
Property ID
US13-0713224
1,870 SF 0.2 ac lot Built 1968
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This single-tenant, 1,980-square-foot creative office space is located in the vibrant Olde Town Arvada, Colorado. Situated on a 0.25-acre lot, this charming building boasts a 2023 renovation, offering modern amenities within a historic setting. The property features an 8-foot ceiling height and is conveniently located near Olde Wadsworth Street, providing easy access to local businesses and attractions. The building is a single-story structure with a total of 10 parking spaces available. While there are no elevators, the space is easily accessible. The property is zoned MX-N and offers a minimum divisible space of 600 square feet, with a maximum contiguous space of 800 square feet. The entire 1,980 square feet is currently vacant and ready for immediate occupancy. Property taxes are $5.50 per square foot. Built in 1968, this Class C building offers a unique blend of historic charm and modern functionality, perfect for a creative business seeking a distinctive location in a thriving community. The property's central location within Olde Town Arvada provides easy access to the area's diverse array of shops, restaurants, and entertainment options.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1968
Construction BRICK
Total area 1,870 SF
Lot 0.2 ac (8,843 SF)
APN 39-113-12-020
UPID US13-0713224

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
  • Charitable Organization Social Service Agency
  • Weight Loss Service

Location

7903 Ralston Rd Arvada, CO 80002-2435
Arvada metro Census 10305 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k

Owner & transaction history

since 2023
Last sale
$450,000
4 recorded transactions
2023
$450,000
2022
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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