$1,265,000
$1,300,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
0.32 Acres Lot
SOLD DATE : 12/16/2022
Key Details
Sold Price $1,265,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 8683844
Sold Date 12/16/22
HOA Y/N No
Originating Board recolorado
Year Built 1973
Annual Tax Amount $21,640
Tax Year 2021
Lot Size 0.320 Acres
Acres 0.32
Property Description
Rare 10,200 sq.ft. industrial property in prime location off of Santa Fe Drive between Hampden and Oxford Avenues. Presently four units, each with drive-in doors, passage doors, bathrooms, small kitchens. Property could be opened to one large space. There is a fenced yard attached to one of the units. Existing tenants are all month to month. There are four gas and electric meters. Property has been owned by the same owner for 40+ years. Property is in good condition. With a rental rate of $10/sq.ft. NNN, property has a cap rate of 7%. With a gross rent and tenants paying their own gas and electric, cap rate is 5%. This is a great building for a small user or investor.
Location
State CO
County Arapahoe
Zoning WHSE
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Garage No
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick, Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NON MLS PARTICIPANT