Adams County
Commercial Property Profile

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Parcel Number: 0171906012001
Owners Name and Address:Property Address:
TERZIAN RICHARD MATHEW LIVING TRUST TERZIAN FRANCINE MARIE LIVING TRUST

8510 RYEWOOD TRL
COLORADO SPRINGS CO 80919-4536   		5190 W 120TH AVE
WESTMINSTER CO
Account Summary

Legal Description
SUB:SHERIDAN CROSSING NO 1 BLK:1 LOT:5

Subdivision Plat
SHERIDAN CROSSING

Account Summary
Account NumbersDate AddedTax DistrictMill Levy
R010821801/09/1997161110.344

Permits

Permit Cases
N/A

Sales Summary

Sale DateSale PriceDeed TypeReception NumberBookPageGrantorGranteeDoc. FeeDoc. Date
11/27/1996$807,500.00SWDC02343924889906SHERIDAN CROSSING 3 LTD LLPRAVINIA LTD LIABILITY COMPANY$80.7512/02/1996
11/27/1996$1,340,000.00SWDC02343944889921RAVINIA LTD LIABILITY COMPANYSEMPER COLORADO INC$13412/02/1996
11/27/1996$1,340,000.00WDC02343964889929SEMPER COLORADO INCHTW INVESTMENT PARTNERS INC$13412/02/1996
09/15/1997$2,960,000.00SWDC03176525103365HTW INVESTMENT PARTNERS INCDEMING CLARK BUILDING CO LLC$29609/15/1997
09/30/2010$3,100,000.00SWD20100000704822010DEMING CLARK BUILSING CO LLC C/O WALGREENS CO TAX DEPTALLEN RICHARD M 50% INT AND ALLEN JOEL R 50% INT$31010/15/2010
01/29/2016$4,025,000.00WD2016000007921ALLEN RICHARD M 50% INT AND, ALLEN JOEL R 50% INT C/O WALGREEN COTERZIAN RICHARD MATHEW LIVING TRUST, TERZIAN FRANCINE MARIE LIVING TRUST$402.502/01/2016

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Valuation Summary

Land Valuation Summary
Account Number Land TypeUnit of MeasureNumber of UnitsFire DistrictSchool DistrictVacant/ImprovedActual ValueAssessed Value
R0108218CommercialAcres2.1600 School District 12-Adams Five StarI$1,409,670.00$393,300.00
         
Land Subtotal:      $1,409,670.00$393,300.00
Improvements Valuation Summary
Account NumberActual ValueAssessed Value
R0108218$1,084,330.00$302,530.00
   
Improvements Subtotal:$1,084,330.00$302,530.00

Total Property Value$2,494,000.00$695,830.00

 Adjusted Actual ValueAdjusted Assessed Value
*Total Adjusted Value$2,464,000.00$687,460.00

*Per SB24-233 the value may be reduced by $55,000.00 for residential and $30,000 for commercial. For more information, go to the Assessor's website.

Building Summary


Building Number: 1.00

Individual Built As Detail
Built As:Retail Store
Year Built:1997
Building Type:Commercial
Construction Type: 
Built As SQ Ft:13905
Number of Rooms:0
Number of Baths:0.00
Number of Bedrooms:0
Attached Garage SQ Ft: 
Detached Garage Square Ft: 
Basement SQ Ft: 
Finished Basement SQ Ft: 



Tax Summary

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Enterprise Zone Summary

Property within Enterprise Zone
False

Precincts and Legislative Representatives Summary
Precinct

057

Commissioner Representative

Commissioner DistrictLink to Representative
3Click Here

State House Representative

House DistrictLink to Representative
29Click Here

State Senate Representative

Senate DistrictLink to Representative
25Click Here

US Congress Representative

Congressional DistrictLink to Representative
8Click Here


Zoning Summary
Zoning Summary

Zoning AuthorityZoning
WESTMINSTERWESTMINSTER




Note: Data is updated daily. Above data was updated as of: 11/22/24
Legal Disclaimer: Although every reasonable effort has been made to ensure the accuracy of the public information data and graphic representations, Adams County cannot be responsible for consequences resulting from any omissions or errors contained herein. Adams County assumes no liability whatsoever associated with the use or misuse of this data