Sign Up Successful!
You now have access to more from Realmo!
    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

    7400 W 14Th Ave Lakewood, CO 80033

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,099,000

    8,586 SF office building near RTD Light Rail.

    Property size:
    8,586 SF
    Lot size:
    0.47 Acres

    Property Features for 7400 W 14Th Ave

    General Information

    Size
    8,586 SF
    Lot size
    0.47 Acres

    We can help!

    Listing Contact
    R. Gail Hamilton, Ccim
    Source: Moodyscre

    Listing Agent: R. Gail Hamilton, Ccim

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

    Learn more

    Property Insight Report

    Overview

    Lakewood Office Building Near Transit

    This 8,586 square foot, two-story office building is situated on a 20,497 square foot parcel, measuring approximately 102.3 feet by 200.3 feet. Renovated in 2018, the property is suitable for single or multi-tenant occupancy. The building contains two conference rooms, kitchens, and eight restrooms. Although the building has an elevator, it is currently non-working. There are 29 parking spaces available, providing a ratio of 3.75 spaces per 1,000 square feet. Located adjacent to the RTD West Line Light Rail Station at 14th & Wadsworth, the property falls within a Colorado Enterprise Zone, Opportunity Zone, and West Colfax Reinvestment (Urban Renewal) Area, potentially offering various tax incentives and programs. The flexible MCT-TOD (Mixed Use-Core-Transit) zoning allows for redevelopment with potential for up to 8 stories of multi-family or mixed-use apartments, office, or retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.1332213
    Latitude
    39.7379603

    Nearby Similar for Sale

    • $355,000
      837 SF

      Green Mountain Move-In Ready Home

      Updated two-bedroom condo with community amenities and convenient location.
      1646 S Deframe St, Lakewood, CO 80228
      View Details
    • $2,300,000
      10,782 SF

      Lakewood Apartments: Upgraded Units, Carports

      Updated 10-unit apartment building in Lakewood's Majestic Heights neighborhood.
      10635 W 7Th Ave, Lakewood, CO 80215
      View Details
    • Contact for pricing
      16,442 SF

      Lakewood Apartments: 18 Units

      18-unit apartment building in Lakewood, Colorado with development potential.
      8220 W 16Th Pl, Lakewood, CO 80214
      View Details
    • $800,000
      3,306 SF

      Remodeled Duplex with Fenced Yards

      Stunning duplex featuring modern amenities, private yards, and garage parking.
      5780 W 5Th Ave, Lakewood, CO 80226
      View Details
    • $335,000

      End Unit Condo with Loft

      Two-bedroom condo with loft, stainless appliances, and convenient parking.
      445 Wright St, Lakewood, CO 80228
      View Details
    • $1,175,000
      6,025 SF

      Colfax Avenue Retail/Office Building

      High-visibility retail/office building with redevelopment potential in Lakewood, Colorado.
      11598 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $1,750,000
      9,655 SF

      Lakewood Freestanding Building For Sale

      9,655 SF freestanding building in a Safeway shopping center.
      Lakewood, CO 80228
      View Details
    • $2,100,000
      17,506 SF

      Lakewood Office Building Investment Opportunity

      NNN investment opportunity with potential for owner-occupancy or medical conversion.
      1550 Dover St, Lakewood, CO
      View Details
    • $999,500
      2,210 SF

      Lakewood Automotive Shop Investment Opportunity

      1,054 SF automotive shop with redevelopment potential on West Colfax.
      8810 W Colfax Ave, Lakewood, CO 80215
      View Details
    • $750,000

      Green Mountain Village Ranch Duplex

      All-brick duplex in sought-after neighborhood, ideal for investors.
      12285-12287 W Dakota Dr, Lakewood, CO 80228
      View Details
    • $799,000
      2,376 SF

      Lakewood Retail and Flex Buildings

      Two freestanding buildings near light rail, ideal for owner-user.
      1420 Garrison St, Lakewood, CO
      View Details
    • $1,500,000
      5,720 SF

      Corner Freestanding Building in Lakewood

      5,720 SF freestanding building with multiple access points and overhead doors.
      Lakewood, CO 80226
      View Details

    FAQs

    What type of property is this?
    Office building - 8,586 SF office building near RTD Light Rail.
    Where is this office building located?
    The property is located at 7400 W 14Th Ave Lakewood, CO.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: - Adjacent to RTD West Line Light Rail Station at 14th & Wadsworth, providing excellent transit access.; - Located within CO Enterprise Zone, Opportunity Zone & West Colfax Reinvestment (Urban Renewal) Areas, offering significant tax incentives and programs.; - Flexible MCT-TOD (Mixed Use-Core-Transit) zoning allows for redevelopment up to 8 stories for multi-family, mixed-use, office, or retail.
    (303) 898-4245
    Request Owner's contact information
    7400 W 14Th Ave Lakewood, CO 80033
    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.
    7400 W 14Th Ave
    Lakewood, CO 80033
    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
    7400 W 14Th Ave Lakewood, CO 80033
    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

    We can help!
    Listing Contact
    R. Gail Hamilton, Ccim
    (303) 898-4245
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.