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End-Cap Office Unit
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6808 W 38th Avenue, Wheat Ridge, CO 80033

A dedicated entrance and restroom serve this street-facing suite on W. 38th Avenue.

Property Size800 SF
Price / SF$1.56
Days on Market27

Property Features for 6808 W 38th Avenue

General Information

Standard status Active
Size 800 SF
Property subtype Office
Zoning MU-N

Site & Location

Neighborhood Edgewood
Road Access Yes

Additional Details

Property Use Office

Building Details

Year Built 1950
Listing Agency: Compass - Denver
Listed By: Jill Samuels · License #40032299
Source: 303living
Added: Oct 6 Changed: Oct 30 Last Checked: Nov 1 at 7:46PM

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 Compass - Denver

Rey
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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 800-square-foot office unit occupies an end-cap position and includes a private entrance, large front windows, and a dedicated restroom. The space is well maintained and can be finished to suit a new occupant. The building dates to 1950, and the property is zoned MU-N.

The suite fronts W. 38th Avenue in Wheat Ridge. Restaurants, coffee shops, breweries, bars, parks, and neighborhood services are nearby.

Key Highlights

  • 800 SF office unit
  • End‑cap position with frontage on W. 38th Avenue
  • Private entrance and dedicated restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,781
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,620 $215.6K
Cap Rate 7%
$154,014 $154.0K
Cap Rate 9%
$119,789 $119.8K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$16.2K $20.28/SF
− Vacancy
−$1.8K −$2.31/SF
EGI
$14.4K $17.97/SF
− OpEx
−$3.6K −$4.49/SF
NOI
$10.8K $13.48/SF
Area
Jefferson County, CO
Vacancy
11.40%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,620
Cap Rate 7%
$154,014
Cap Rate 9%
$119,789

Alternative Uses

Best Use
Office B
$154.0K
$134.8K – $179.7K (±1% cap)
NOI $10,781 @ 7.0% cap · market cap 862.48%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,620 @ 7.0% cap · market cap 9,969.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Storage Facility (Bike/Boat/Book/etc) Store Florist Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,678
Businesses Nearby

Demographics for 80033, CO

26,618
Population
13,257
Households
2
Avg Household Size
42
Median Age
44%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
3,207
Density / Sq Mi
$84,719
Median Household Income
$53,503
Median Earnings
$1,536
Median Rent
$568,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A dedicated entrance and restroom serve this street-facing suite on W. 38th Avenue.
Where is this office unit located?
The property is located at 6808 W 38th Avenue Wheat Ridge, CO.
What are key features of this property?
This property features: 800 SF office unit; End‑cap position with frontage on W. 38th Avenue; Private entrance and dedicated restroom
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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