Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10245 Wadsworth Boulevard Westminster, CO 80021

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $875,000

    3.5+/- acre agricultural property in Jefferson County, Westminster, CO.

    Type:Land or Vacant Lot
    Lot size:
    3.52 Acres
    Added:
    Jul 10, 2025
    Days on Market:
    290
    Last Refresh:
    Apr 5 at 8:37 pm

    Property Features for 10245 Wadsworth Boulevard

    General Information

    Standard status
    Active
    Lot size
    3.52 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    JOHN KADAVY

    Listing agent JOHN KADAVY

    Listing office Keller Williams-Preferred Rlty

    Listing date Jul 10, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams-Preferred Rlty

    Overview

    Jefferson County Agricultural Zoned Property

    This is a 3.5+/- acre agricultural zoned (A-1) property located in Jefferson County. According to the seller, multiple current use applications are possible under county guidelines, with opportunities for specific changes of use. The seller states they have had multiple meetings with Jefferson County to assure preliminary due-diligence has been started with an open line of communication. The property includes a Westminster, CO installed water/sewer tap that is paid for and will transfer to the new owner. The property consists of 3 lots in Mandalay Gardens that can be combined into one legal lot if requested by the new buyer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Adams
    State
    Colorado
    Longitude
    -105.083
    Latitude
    39.8823

    Nearby Similar for Sale

    • $500,000
      5,324 SF

      Versatile Workspace in Westminster

      Unique building in the heart of the future Uplands Development.
      8221 Bradburn Drive, Westminster, CO 80031
      View Details
    • $1,375,000
      11,041 SF

      Westminster Office Building Investment

      11,041 SF office building in a strategic Westminster location.
      8771 Wolff Court, Westminster, CO 80218
      View Details
    • $525,000
      1,360 SF

      Renovated Retail/Office Space Near Transit

      Recently renovated retail or office space with transit access.
      Westminster, CO 80221
      View Details
    • $855,000

      Westminster Multifamily Investment Opportunity

      Four-unit property in a growing Westminster location.
      7255 Tennyson St 1-4, Westminster, CO 80030
      View Details
    • $390,000
      2,508 SF

      Renovated Office in Westminster

      Newly renovated three-level office space in well-maintained park.
      7901-7909 Zenobia St, Westminster, CO
      View Details
    • $1,600,000
      618 SF

      Established Drive-Thru Opportunity

      618 SF drive-thru, ideal for owner/user or existing business.
      8525 West 100th Avenue, Westminster, CO, 80021
      View Details
    • $855,000
      3,648 SF

      Westminster Multifamily Investment Opportunity

      Four-unit property in growing Westminster area with income potential.
      7255 Tennyson Street #1-4, Westminster, CO 80030
      View Details
    • $1,295,000
      13,000 SF

      Westminster Retail/Flex Building For Sale

      Freestanding retail/flex building with parking in Westminster Enterprise Zone.
      7225 Lowell Blvd, Westminster, CO
      View Details
    • $2,500,000
      37,070 SF

      Westminster Value-Add Multi-Tenant Office

      Value-add multi-tenant office property in Westminster, Colorado for sale.
      8670 Wolff Court, Westminster, CO 80031
      View Details
    • $3,300,000
      6,362 SF

      Westminster Retail Investment Opportunity

      Strip center with value-add potential in high-traffic location.
      7211 Sheridan Boulevard, Westminster, CO 80003
      View Details
    • $1,299,600
      3,600 SF

      Turnkey Retail Condo in Westminster

      Adaptable space for retail, restaurant, or creative showroom uses.
      10860 Dover St, Westminster, CO
      View Details
    • $2,000,000

      Prime Westminster Development Opportunity

      1.45 acre site ideal for hotel development.
      8773 Yates Drive, Westminster, Colorado 80031
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 3.5+/- acre agricultural property in Jefferson County, Westminster, CO.
    Where is this agricultural land / farmland located?
    The property is located at 10245 Wadsworth Boulevard Westminster, CO.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Agricultural zoning (A‑1) in Jefferson County allows for multiple current use applications.; Paid water/sewer tap installed by Westminister, CO, transfers to new owner.; Preliminary due‑diligence started with Jefferson County, open communication established.
    (303) 452-3300
    We can help!
    Listing Contact
    JOHN KADAVY
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!