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

    5000 Tabor St Wheat Ridge, CO 80033

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contract
    $2,200,000

    Versatile property with industrial, office, and residential components.

    Property size:
    9,069 SF
    Lot size:
    1.91 Acres

    Property Features for 5000 Tabor St

    General Information

    Standard status
    Contract
    Size
    9,069 SF
    Lot size
    1.91 Acres

    Building Details

    Year built
    2001

    We can help!

    Listing Contact
    Cliff Wetherill
    Source: Corcoran

    Listing Agency: Wetherill Real Estate Listing Agent: Cliff Wetherill

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

    Learn more

    Overview

    Mixed-Use Property Near Light Rail

    This mixed-use property features a main metal free-span building of approximately 6,869 square feet, equipped with a 12'x14' overhead door and a 10'x15' sliding door. The building has 3 Phase, 200 Amp, 480/277 Volt power with a step-down transformer to 208 Volts. Additionally, there are various other utility and storage structures totaling about 775 square feet. The seller intends to leave semi-trailers on-site for additional storage. The property includes an 884 square foot free-standing office building and a 1,316 square foot house with a 2-bedroom, 1-bath basement apartment, suitable for owner or employee housing, or for generating additional income with projected rent at approximately $3,100+ per month. The property is situated on a mostly fenced 83,190 square foot lot zoned I-E. Its location is a short walk to the Ward Road Light Rail station, with new and under-construction multi-family projects nearby. The property is currently owner-occupied, and the owner will require a leaseback arrangement for a period of time to be determined, at a rate also to be determined.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.1303644
    Latitude
    39.7875109

    Nearby Similar for Sale

    • $1,475,000

      Wadsworth Blvd Office Building For Sale

      7,943 SF building suitable for owner-users and investors.
      3280 Wadsworth Blvd, Wheat Ridge, CO 80033
      View Details
    • $637,000
      2,268 SF

      Wheat Ridge Commercial Live-Work Property

      Centrally located commercial property with offices, storage, and workshop.
      7114 W 44Th Ave, Wheat Ridge, CO 80033
      View Details
    • $899,999

      Wheat Ridge Office Investment Opportunity

      Office building in Wheat Ridge's business district for sale.
      4325 Harlan St, Wheat Ridge, CO 80033
      View Details
    • $450,000

      Wheat Ridge Suburban Office Condo

      Pristine 2,122 SF office condo with multiple offices and entrances.
      7867 West 38Th Ave, Wheat Ridge, CO 80033
      View Details
    • $3,500,000
      24,138 SF

      Wheat Ridge Office Building For Sale

      Income-producing office building or redevelopment opportunity in Wheat Ridge, Colorado.
      4485 Wadsworth Blvd, Wheat Ridge, CO 80214
      View Details
    • $1,225,000

      Wheat Ridge Office Property

      Office building with long-term medical tenant and updated features.
      3280 Wadsworth Blvd, Wheat Ridge, CO 80033
      View Details
    • $3,350,000
      16,074 SF

      Wheat Ridge Commercial Property For Sale

      Commercial property in Wheat Ridge, Colorado, with excellent access.
      4885 Ward Rd, Wheat Ridge, CO 80033
      View Details
    • $930,000
      1,121 SF

      Industrial Property in Wheat Ridge

      Industrial property available for sale in Wheat Ridge, Colorado.
      3650 Wadsworth Blvd, Wheat Ridge, CO 80214
      View Details
    • $2,400,000
      10,320 SF

      Retail Property in Wheat Ridge

      Retail property available for sale in Wheat Ridge, Colorado.
      5890-5892 W 44Th Ave, Wheat Ridge, CO 80212
      View Details
    • $1,175,000

      Wheat Ridge Office Investment Opportunity

      Office building for sale near Lutheran Medical Center.
      8850 West 38Th Ave, Wheat Ridge, CO 80033
      View Details
    • $6,100,000

      Renovated Office Building For Sale

      One-level office building renovated in 2000, single tenant occupancy.
      4243 Harlan St, Wheat Ridge, CO 80033
      View Details
    • $4,800,000

      Wheat Ridge Office/Warehouse Opportunity

      38,114 SF office, light industrial and warehouse facility for sale.
      4725 Independence St, Wheat Ridge, CO 80033
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Versatile property with industrial, office, and residential components.
    Where is this mixed-use property located?
    The property is located at 5000 Tabor St Wheat Ridge, CO.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - 83,190 sf lot zoned I-E in a rapidly developing area, ideal for land banking.; - Proximity to Ward Road Light Rail station and multi-family developments.; - **1,316 sf house with a 2 bedroom, 1 bath basement apartment for potential rental income of $3,100+/month or owner/employee housing.**
    (303) 469-4948
    Request Owner's contact information
    5000 Tabor St Wheat Ridge, 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.
    5000 Tabor St
    Wheat Ridge, 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
    5000 Tabor St Wheat Ridge, 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
    Cliff Wetherill
    (303) 469-4948 (303) 523-5704
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!