Carwash and Income-Producing
11795 W Colfax Avenue, Lakewood, CO 80215
For Sale
$900,000
Carwash and income-producing building on 0.8 acres for sale.
Property Size4,000 SF
Lot Size0.77 Acres
Price / SF$225
Days on Market428
Property Features for 11795 W Colfax Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
Corner
Level
Phase 3
Listing Agency:
KELLER WILLIAMS AVENUES REALTY
(720) 484-8600
Listed By:
CHRIS HOWARD · License #100073986
(303) 717-9485
Source:
Corcoran
Added: Sep 8, 2025
Changed: Aug 23
Last Checked: Aug 14 at 6:01AM
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 AVENUES REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property, located along West Colfax and Tabor Road, presents an investment opportunity. The site spans 35,000 square feet (0.8 acres) and includes a carwash and a 4,000 square foot income-producing building. One of the two tenant spaces in the building is currently leased. The carwash features 7 bays, including an oversized truck/RV bay, and 4 vacuums. The property can continue to operate as a car wash or be redeveloped.
Key Highlights
- High‑growth corridor location on West Colfax and Tabor Road.
- Boasts a large 35,000 SF (.8 acres) lot size.
- Includes a carwash with 7 bays (including oversized truck/RV bay) and 4 vacuums.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,264
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,205,280
$1.2M
Cap Rate 7%
$860,914
$860.9K
Cap Rate 9%
$669,600
$669.6K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$86.4K $21.60/SF
− Vacancy
−$6.0K −$1.51/SF
EGI
$80.4K $20.09/SF
− OpEx
−$20.1K −$5.02/SF
NOI
$60.3K $15.07/SF
Area
Lakewood, CO
Vacancy
7.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,205,280
Cap Rate 7%
$860,914
Cap Rate 9%
$669,600
Alternative Uses
Best Use
Specialty Retail
$860.9K
$753.3K – $1.00M
NOI $60,264 @ 7.0% cap · market cap 6.70%
Second Best
Retail
$768.6K
$672.5K – $896.7K
NOI $53,802 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,866 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,575
Businesses Nearby
307k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 59%
Dining 16%
Electronics 11%
Shops & Services 8%
Target
Superstores
181,988 visits/mo
0.5 miles
Best Buy
Electronics
34,434 visits/mo
0.2 miles
Dollar Tree
Shops & Services
23,928 visits/mo
0.5 miles
Freddy's Frozen Custard & Steakburgers
Dining
18,679 visits/mo
0.3 miles
Olive Garden
Dining
18,548 visits/mo
0.4 miles
Demographics for 80215, CO
19,908
Population
9,156
Households
2.2
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
5.5 sq mi
ZIP Area
3,620
Density / Sq Mi
$85,017
Median Household Income
$49,100
Median Earnings
$1,728
Median Rent
$615,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Car wash - Carwash and income-producing building on 0.8 acres for sale.
Where is this car wash located?
The property is located at 11795 W Colfax Avenue Lakewood, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: High‑growth corridor location on West Colfax and Tabor Road.; Boasts a large 35,000 SF (.8 acres) lot size.; Includes a carwash with 7 bays (including oversized truck/RV bay) and 4 vacuums.
