7084-7088 Winchester Cir, Boulder, CO 80301

Description

This industrial/flex property located in Boulder County was purchased vacant from Emerson Electric.  The property was offered for sale for $8,000,000 in 2004.  Land value in the area at the time averaged $8.00/SF.  Matrix Group purchased this land for $4.00/SF and the building for $0.00/SF. 

Details

Cost PSF
$27.22
Status
Active
Total Cost
$2,450,000
Acquisition Date
May, 2011
Acquisition Price
$1,050,000
Market Value PSF
$55.56
Total Project Size
90,000 SF
Add. Capital Costs
$1,400,000
Current Value
$5,000,000