8704 Parkland St Broomfield, CO 80020
This exceptional 4.72-acre commercial land parcel is situated in the thriving Arista Development at the intersection of 116th and Wadsworth Pkwy in Broomfield, Colorado (APN 171703426002). Currently unsubdivided, this offering comprises two potential parcels: a 2-acre convenience store pad site and a 4.72-acre site ideal for a multi-tenant commercial development. The seller will level both sites, and subdivision will be the responsibility of the buyer. The property boasts three-quarter access, with water available partway down Parkland Street and sanitary sewer located at the southeast corner. Zoning is designated as Broomfield Mixed-Use Commercial, allowing for a variety of commercial uses, but excluding residential development. This location benefits from the significant recent growth in the Arista area, featuring numerous new apartments, condominiums, and commercial buildings. The asking price is $2,475,000, translating to $12 per square foot. This presents a unique opportunity to capitalize on the burgeoning Broomfield market. The property's address is 8704 Parkland St, Broomfield, CO 80020.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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