Add Listing
    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

    4711 Wadsworth Blvd Wheat Ridge, CO 80033

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contract
    $450,000

    Unimproved land lot approved for duplexes and light office options.

    Lot size:
    0.68 Acres

    Property Features for 4711 Wadsworth Blvd

    General Information

    Standard status
    Contract
    Lot size
    0.68 Acres

    We can help!

    Listing Contact
    John Waters
    John Waters
    Source: Corcoran

    Listing Agency: YOUR CASTLE REAL ESTATE INC Listing Agent: John Waters

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

    Learn more

    Overview

    Prime Corner Lot Development Opportunity

    This unimproved land lot offers a development opportunity with 29,665 square feet of space. The property is zoned and approved for the construction of two duplexes, with possibilities for light office options. Initial discussions with Wheat Ridge zoning authorities suggest that a small owner-user retail or office space could also be viable. The lot is located on a prime corner and offers front range views. It features 117 feet of frontage and a depth of 213 feet, making it suitable for multi-unit development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -105.081949
    Latitude
    39.7822264

    Nearby Similar for Sale

    • $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
    • $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
    • $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?
    Commercial land - Unimproved land lot approved for duplexes and light office options.
    Where is this commercial land located?
    The property is located at 4711 Wadsworth Blvd Wheat Ridge, CO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Approved zoning for 2 duplexes.; - Prime corner lot location directly on Wadsworth Blvd.; - In-fill development opportunity.
    (303) 570-6019
    Request Owner's contact information
    4711 Wadsworth Blvd 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.
    4711 Wadsworth Blvd
    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
    4711 Wadsworth Blvd 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
    John Waters
    John Waters
    Real Estate License ID: 100029115
    (303) 570-6019 (303) 777-2657 (303) 962-4272
    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!