Freestanding Auto Service and Storage
5700 W Alameda Lakewood, CO 80226
5700 W Alameda, Lakewood, CO, 80226
$1,500,000
For Sale
$1,500,000
Corner freestanding building with multiple overhead doors and loading access, suited for auto-related uses and flexible light industrial layouts.
Property Size5,720 SF
Price / SF$262.24
Days on Market28
Property Features for 5700 W Alameda
General Information
- Standard status
- Active
- Size
- 5,720 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1974
Listing agency
Unique Properties, Inc
(303) 521-3648
Listed by
Greg Knott · License #FA.001312096
(303) 521-3648
Source
Uniqueprop
Added: Jun 25 Updated: Jul 10 at 4:02PM Checked: Jun 27 at 5:36AM
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 Unique Properties, Inc
Investment Insights
Based on property information with market context.
Freestanding commercial building on a corner lot, positioned to front W Alameda Ave with a prominent presence. The property includes multiple access points designed for loading through multiple overhead doors, along with a small outdoor storage area. A new roof was installed in 2020, and the site features monument signage. A sand trap is noted on-site and should be verified.
The building is located between Sheridan and Wadsworth, with frontage along W Alameda Ave and proximity to Belmar described as just blocks away. The surrounding area is characterized by residential neighborhoods, schools, and parks.
This configuration can support tenants seeking a garage-style, door-driven layout for automotive service or related operations, as well as other office/warehouse-style uses. The property has been presented for a broad range of potential uses, including retail, gallery, light manufacturing, office, rental services, outdoor storage, car wash, and various auto rental or sales concepts. Additional automotive and servicing uses, including adult business and fueling-station type operations, are also listed as potential fit by the seller; buyers should confirm all intended uses during due diligence.
The building is located between Sheridan and Wadsworth, with frontage along W Alameda Ave and proximity to Belmar described as just blocks away. The surrounding area is characterized by residential neighborhoods, schools, and parks.
This configuration can support tenants seeking a garage-style, door-driven layout for automotive service or related operations, as well as other office/warehouse-style uses. The property has been presented for a broad range of potential uses, including retail, gallery, light manufacturing, office, rental services, outdoor storage, car wash, and various auto rental or sales concepts. Additional automotive and servicing uses, including adult business and fueling-station type operations, are also listed as potential fit by the seller; buyers should confirm all intended uses during due diligence.
Key Highlights
- Freestanding corner building at W Alameda Ave & S Eaton St (between Sheridan and Wadsworth).
- 5,720 SF building built in 1974 with multiple access points for loading through multiple overhead doors.
- New roof installed in 2020.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.6k | $21.60 |
| − Vacancy | −$8.6k | −$1.51 |
| EGI | $114.9k | $20.09 |
| − OpEx | −$28.7k | −$5.02 |
| NOI | $86.2k | $15.07 |
5,720 SF · lease $21.60/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.23M
$1.08M – $1.44M
NOI $86,178 @ 7.0% cap · market cap 5.75%
Second Best
Retail
$1.10M
$961.7K – $1.28M
NOI $76,937 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,928 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
FAQs
What type of property is this?
Auto shop - Corner freestanding building with multiple overhead doors and loading access, suited for auto-related uses and flexible light industrial layouts.
Where is this auto shop located?
The property is located at 5700 W Alameda Lakewood, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Freestanding corner building at W Alameda Ave & S Eaton St (between Sheridan and Wadsworth).; 5,720 SF building built in 1974 with multiple access points for loading through multiple overhead doors.; New roof installed in 2020.
