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    8490 Colfax Ave Lakewood, CO 80215

    For Sale
    $390,000

    High-traffic Colfax Ave retail unit. Great for owner-users or investors.

    Property size:
    2,340 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional retail property, located at 8490 W Colfax Avenue in Lakewood, Colorado, presents a compelling investment or owner-user opportunity. The 2,340 square foot space is ideally situated on the vibrant Colfax Avenue corridor, ensuring high visibility and foot traffic. This makes it an excellent location for a variety of retail businesses seeking a strong presence in a busy commercial area. The property is offered at $390,000, representing a significant value proposition for those seeking a well-located retail space in a thriving market. The building's size offers ample space for a diverse range of retail operations, allowing for flexible layout configurations to suit individual business needs. Its prime location on Colfax Avenue provides unparalleled access to a large customer base, enhancing the potential for strong sales and revenue generation. This is a rare opportunity to acquire a well-positioned retail unit in a high-demand area, making it an attractive prospect for both investors seeking a stable return and owner-users looking to establish or expand their business. The property sits on a lot with no acreage specified. Serious inquiries are encouraged to explore this promising investment or business opportunity further.

    Property Features for 8490 Colfax Ave

    General Information

    Property type
    Retail properties
    Square Feet
    2,340 SF

    Building Details

    Year Built
    1961
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.0919
    Latitude
    39.73985

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    FAQs

    What type of property is this?
    Retail property - High-traffic Colfax Ave retail unit. Great for owner-users or investors.
    Where is this retail property located?
    The property is located at 8490 Colfax Ave Lakewood, CO.
    What is the asking price?
    The asking price for this property is $390,000.
    (303) 502-7333
    Request Owner's contact information
    8490 Colfax Ave Lakewood, CO 80215
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    Lakewood, CO 80215
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    Realmo Value Estimation

    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.

    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.

    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
    8490 Colfax Ave Lakewood, CO 80215
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