9299 S Broadway Highlands Ranch, CO 80129
- Medical offices
- 5,984 SF
- 0.70 lot acres
Current Use by Public Records
- Medical offices
Property Details for 9299 S Broadway
- Year built
- 2008
- Lot size
- 0.70 lot acres
- Property size
- 5,984 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- R0408739
- APU
- R0408739
Description
This single-story, 5,984-square-foot medical office building, constructed in 2008, is situated on a 0.69-acre lot at 9299 S. Broadway in Highlands Ranch, Colorado, zip code 80129. Currently, the building has 30.73% occupancy, with a projected full occupancy date of May 1, 2024. The property features 25 parking spaces (a ratio of 4.16 per 1,000 square feet) and is one of only four office buildings in Highlands Ranch ranging from 5,000 to 10,000 square feet. The asking price is $2,999,950, translating to $501.33 per square foot. A significant portion of the building, 4,145 square feet, is currently available for an owner-user or tenant. This Class A building presents a unique investment opportunity in a highly sought-after, undersupplied office market in South Denver. The property's ideal location near South Broadway and Highlands Ranch Parkway offers excellent visibility and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $470,000
- 6.5%
- $505,000
- 7%
- $470,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $510,000
- Retail
- $585,000
- Mixed-Use
- $555,000
- Hospitality
- $450,000
- Educational
- $520,000
- Residential Income
- $510,000
- Energy
- $470,000
- Income-Based Land
- $490,000
- Food Service
- $590,000
Location Insight
- Map
- Local Demand
- City
- Highlands Ranch
- County
- Douglas
- State
- Colorado
- Longitude
- -104.993
- Latitude
- 39.5463
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
