8670 Wolff Ct Westminster, CO 80031
- Office buildings
- 35,900 SF
- 2.20 lot acres
Current Use by Public Records
- Parisian Julia A / Psychologist
- Crouch Timothy / Psychologist
- Jacob M. Pomerantz, PHD / Psychologist / Neurophysiologist
- Colorado Counseling Professionals / Psychologist
- Rogers Mary E / Psychologist
Property Details for 8670 Wolff Ct
- Year built
- 1984
- Lot size
- 2.20 lot acres
- Property size
- 35,900 SF
- Property type
- Office buildings
- APN
- R0062937
- APU
- R0062937
Description
This exceptional two-story, Class B office building, totaling 37,071 square feet, presents a fantastic opportunity for businesses seeking flexible space in the Westminster submarket. Located at Sheridan Park 8, near the intersection of 92nd & Sheridan, this property boasts 13,191 square feet of immediately available space, divisible into units as small as 500 square feet, with a maximum contiguous space of 5,000 square feet. The building features seven total suites, ample parking with 148 spaces, and convenient access. Built in 1983 and extensively renovated in 2018, the property offers an 8-foot ceiling height and is equipped with elevators. The 2.2-acre site is zoned C1, providing versatility for various business types. The current owners, who acquired the property on November 1, 2023, are committed to significant improvements throughout 2023 and 2024, aiming to elevate the building to a first-class standard. The property offers 110-volt power. Available suites are in excellent condition and ready for immediate occupancy, with the owners open to negotiating tenant improvements as needed. This is an ideal location for businesses seeking a well-maintained, conveniently located office space with the potential for future enhancements.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,225,000
- 6.5%
- $3,235,000
- 7%
- $3,145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,385,000
- Geo Method
- $3,465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,460,000
- Retail
- $3,430,000
- Mixed-Use
- $2,960,000
- Hospitality
- $2,775,000
- Educational
- $3,660,000
- Residential Income
- $2,985,000
- Energy
- $2,985,000
- Income-Based Land
- $3,095,000
- Food Service
- $2,860,000
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Adams
- State
- Colorado
- Longitude
- -105.049
- Latitude
- 39.8535
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA