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    West Colfax Commercial Space Available Title is generated by Realmo AI

    3935 W Colfax Avenue, Denver, CO 80204

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    Claim this Listing
    For Lease
    $2,500/Mo $10 SF/Yr (calc)

    Flexible commercial space in a rapidly evolving Denver corridor.

    Type:Commercial
    Property size:
    3,000 SF
    Added:
    Apr 8, 2026
    Days on Market:
    54
    Last Refresh:
    Apr 8 at 8:52 pm

    Property Features for 3935 W Colfax Avenue

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1924

    We can help!

    Listing Contact
    DEREK SCHULZE

    Listing agent DEREK SCHULZE

    Listing office SYMBIO DENVER CORP.

    Listing date Apr 8, 2026

    Source Corcoran

    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 SYMBIO DENVER CORP.

    HighLights

    • Prime Colfax frontage with high visibility and traffic.
    • Flexible, build‑to‑suit commercial space.
    • Located in a rapidly improving, high‑demand corridor.
    • Steps from Sloan’s Lake and surrounding residential density.
    • Ideal for retail, restaurant, wellness, or service use.
    • Adaptable interiors that lend themselves well to a variety of business concepts.

    Overview

    This commercial space is positioned along one of Denver’s most traveled corridors, offering exceptional visibility and strong street presence. The flexible space is ideal for a wide range of uses. Located just blocks from Sloan’s Lake, the property is situated in a rapidly evolving corridor known for retail, restaurant, and mixed-use growth. The building features classic storefront character with large street-facing windows and clean, adaptable interiors. These features lend themselves well to café, boutique retail, wellness, service-based businesses, or creative concepts. The layout supports efficient buildout and customer flow. This build-to-suit opportunity allows customization of the 3000 square foot space. With flexible interiors and commercial zoning along Colfax, the property can be tailored for retail, restaurant, showroom, or experiential uses. The surrounding West Colfax corridor continues to see strong reinvestment and redevelopment, with a focus on neighborhood-serving businesses and mixed-use growth. High traffic counts, strong demographics, and proximity to Sloan’s Lake and downtown Denver enhance the appeal. It is an opportunity to establish a business in one of Denver’s most dynamic and evolving commercial districts.
    Location Intelligence

    Current Use by Public Records

    Rose Lady Cremations Social Service Agency

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.0390982
    Latitude
    39.7406738

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    FAQs

    What type of property is this?
    Retail space - Flexible commercial space in a rapidly evolving Denver corridor.
    Where is this retail space located?
    The property is located at 3935 W Colfax Avenue Denver, CO.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: Prime Colfax frontage with high visibility and traffic.; Flexible, build‑to‑suit commercial space.; Located in a rapidly improving, high‑demand corridor.
    (720) 955-7770
    We can help!
    Listing Contact
    DEREK SCHULZE
    Learn More
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    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
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