7903 Ralston Rd Arvada, CO 80002
- Office buildings
- 1,870 SF
- 0.20 lot acres
Current Use by Public Records
- William B O'Rourke Foundation / Non-Profit Organization
- plains metropolitan district / Weight Loss Service
Property Details for 7903 Ralston Rd
- Year built
- 1968
- Construction
- BRICK
- Lot size
- 0.20 lot acres
- Property size
- 1,870 SF
- Property type
- Office buildings
- APN
- 39-113-12-020
- APU
- 3911312020
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $545,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $410,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $420,000
- Retail
- $470,000
- Mixed-Use
- $420,000
- Hospitality
- $420,000
- Educational
- $395,000
- Residential Income
- $495,000
- Energy
- $420,000
- Income-Based Land
- $475,000
- Food Service
- $470,000
Location Insight
- Map
- Local Demand
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.085
- Latitude
- 39.8023
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA