Lakewood Freestanding Building For
For Sale
Contact for pricing
7700 W 14th Ave, Lakewood, CO 80214
1,587 SF freestanding building suitable for medical, office, or retail.
Property Size1,587 SF
Lot Size0.47 Acres
Price / SF$409.58
Days on Market173
Property Features for 7700 W 14th Ave
General Information
Standard status
Active
Size
1,587 SF
Lot size
0.47 Acres
Property subtype
Land, Office, Retail
Zoning
M-C-T
Building Details
Year Built
1967
Buildings
1
Stories
1
Units
1
Listing Agency:
Transworld Commercial Real Estate
(720) 729-0551
Listed By:
Jason Startari · License #FA. 100092989 (CO)
Source:
Crexi
Added: Mar 4
Changed: Aug 23
Last Checked: Aug 23 at 9:19AM
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 Transworld Commercial Real Estate
Investment Insights
Based on property information with market context.
Located at 7700 W 14th Avenue in Lakewood, this 1,587 SF freestanding building is currently operating as a dental office and offers flexibility for a variety of future uses. The existing layout is well-suited for continued medical or professional office occupancy, while the prominent standalone presence also makes it an attractive option for retail users seeking visibility and accessibility. The current layout features four exam rooms, a reception office with waiting room, two private offices, two half baths, an employee lounge, and a utility closet. The large, 0.47-acre parcel is zoned Mixed Use Core Transit in Lakewood (M-C-T), presenting a redevelopment opportunity, allowing investors and owner-users to capitalize on its versatile zoning and sizable lot to reimagine the site for long-term value. The property is near the intersection of Wadsworth and Colfax in Lakewood, and just across the street from the RTD Light Rail Station and Park/Ride. Several new TOD projects are underway nearby.
Key Highlights
- Prime location near Wadsworth and Colfax, across from RTD Light Rail Station and Park/Ride.
- Large 0.47‑acre parcel zoned Mixed Use Core Transit (M‑C‑T) offering redevelopment potential.
- 1,587 SF freestanding building suitable for medical, professional office, or retail use.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,881
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,620
$477.6K
Cap Rate 7%
$341,157
$341.2K
Cap Rate 9%
$265,344
$265.3K
Market Conditions
NOI Build-Up for 1,587 SF
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.
Gross rent
$41.9K $26.40/SF
− Vacancy
−$10.1K −$6.34/SF
EGI
$31.8K $20.06/SF
− OpEx
−$8.0K −$5.02/SF
NOI
$23.9K $15.05/SF
Area
Lakewood, CO
Vacancy
24.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,620
Cap Rate 7%
$341,157
Cap Rate 9%
$265,344
Alternative Uses
Best Use
Office B
$341.2K
$298.5K – $398.0K
NOI $23,881 @ 7.0% cap · market cap 3.67%
Second Best
Healthcare Medical
$336.0K
$294.0K – $392.0K
NOI $23,521 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$475.3K
$415.9K – $554.6K
NOI $33,274 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80214, CO
26,493
Population
13,298
Households
2
Avg Household Size
36
Median Age
39%
College-Educated
89%
High-School Grad
4.7 sq mi
ZIP Area
5,637
Density / Sq Mi
$74,259
Median Household Income
$48,094
Median Earnings
$1,516
Median Rent
$519,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Coast to Coast Compounding — 780 Simms St STE 103, Golden, CO 80401
- TSR Inc — 755 parfet st, lakewood, co 80215
Frequently Asked Questions
What type of property is this?
Medical Office Space - 1,587 SF freestanding building suitable for medical, office, or retail.
Where is this medical office space located?
The property is located at 7700 W 14th Ave Lakewood, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime location near Wadsworth and Colfax, across from RTD Light Rail Station and Park/Ride.; Large 0.47‑acre parcel zoned Mixed Use Core Transit (M‑C‑T) offering redevelopment potential.; 1,587 SF freestanding building suitable for medical, professional office, or retail use.**
