Garage Condo with
570 Ames St # 210, Lakewood, CO 80226
For Sale
$395,000
Water service, internet, and a utility sink are installed in the unit.
Property Size1,560 SF
Price / SF$253.21
Days on Market31
Property Features for 570 Ames St # 210
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Warehouse & Industrial
Clear Height
Mezzanine
Drive-In Doors
Additional Details
Asking Price
Property Use
Amenities
Water in unit
Internet
Listing Agency:
EXP Commercial
Listed By:
Ryan Beckenhauer · License CO FA100101496
(303) 229-6978
Source:
Expcommercial
Added: Oct 10
Changed: Nov 8
Last Checked: Nov 8 at 2:07AM
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 EXP Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse-class garage condo contains 1,560 square feet, including a 360-square-foot mezzanine, within a 50-by-24-foot footprint. The main garage has approximately 16- to 23-foot clear height and a 14-foot-high by 12-foot-wide overhead door. Clear height below the mezzanine is 10.5 feet. Water service, a utility sink, and internet are present in the unit.
The property is at 570 Ames St. in Lakewood and is zoned M-G-S. The mezzanine adds a separate elevated area within the garage configuration.
The property is at 570 Ames St. in Lakewood and is zoned M-G-S. The mezzanine adds a separate elevated area within the garage configuration.
Key Highlights
- 1,560 SF total area, including a 360 SF mezzanine
- 50' x 24' footprint
- Approximately 16'–23' clear height in the main garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,992
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,840
$299.8K
Cap Rate 7%
$214,171
$214.2K
Cap Rate 9%
$166,578
$166.6K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$19.2K $12.30/SF
− Vacancy
−$1.6K −$0.99/SF
EGI
$17.6K $11.31/SF
− OpEx
−$2.6K −$1.70/SF
NOI
$15.0K $9.61/SF
Area
Lakewood, CO
Vacancy
8.08%
Lease Rate
$12.30 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,840
Cap Rate 7%
$214,171
Cap Rate 9%
$166,578
Alternative Uses
Best Use
Warehouse
$214.2K
$187.4K – $249.9K
NOI $14,992 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$467.3K
$408.9K – $545.1K
NOI $32,708 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
23 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80226, CO
33,142
Population
14,742
Households
2.2
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
4,092
Density / Sq Mi
$78,466
Median Household Income
$44,640
Median Earnings
$1,738
Median Rent
$547,000
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Jefferson County, CO
Properties on Market for Warehouses in Jefferson County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Record Nations — 777 S Wadsworth Blvd #3-250, Lakewood, CO 80226
- Personal Units 4U — 7986 W Alameda Ave, Lakewood, CO 80226
Frequently Asked Questions
What type of property is this?
Warehouse - Water service, internet, and a utility sink are installed in the unit.
Where is this warehouse located?
The property is located at 570 Ames St # 210 Lakewood, CO.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1,560 SF total area, including a 360 SF mezzanine; 50' x 24' footprint; Approximately 16'–23' clear height in the main garage
