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    10350 38Th Ave Wheat Ridge, CO 80033

    Sponsored
    For Sale
    $599,000

    Prime Flex Space, High Traffic Area

    Property size:
    625 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.525-acre property at 10350 W. 38th Ave., Wheat Ridge, CO 80033, presents a unique investment opportunity. The property boasts a hard-corner location at the intersection of 38th Ave. and Miller St., benefiting from high traffic volume (11,000-12,000 vehicles daily). Currently featuring a 625 square foot building, ideal for storage or light industrial use, the property offers significant development potential. The existing structure, currently used for vehicle and material storage, sits on a flat, versatile lot, allowing for a multitude of uses. The property includes an existing ditch occupying approximately 4,227 square feet. Zoned C-1 (Commercial-One), this location permits a wide range of commercial uses, including office, general business, retail sales, and service establishments. The property is conveniently located near residential areas, offering a diverse and supportive community. Existing electrical service is provided by Excel Energy. The asking price is $599,000, translating to $958.40 per square foot. This is a rare opportunity to acquire a well-situated property in a thriving area with excellent development potential.

    Property Features for 10350 38Th Ave

    General Information

    Property type
    Flex space
    Square Feet
    625 SF
    Lot Size
    22,869 SF

    Building Details

    Buildings
    1

    HighLights

    • High‑traffic location off 38th Avenue (11,000‑12,000 VPD).
    • Existing electrical service provided by Excel Energy.
    • Adjacent to single‑family and multifamily residential properties.
    • Versatile layout and flat topography offer diverse development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.1141783
    Latitude
    39.7690012

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    FAQs

    What type of property is this?
    Flex space - Prime Flex Space, High Traffic Area
    Where is this flex space located?
    The property is located at 10350 38Th Ave Wheat Ridge, CO.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: High-traffic location off 38th Avenue (11,000-12,000 VPD).; Existing electrical service provided by Excel Energy.; Adjacent to single-family and multifamily residential properties.
    Request Owner's contact information
    10350 38Th Ave Wheat Ridge, CO 80033
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    Realmo Value Estimation

    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.

    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.

    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
    10350 38Th Ave Wheat Ridge, CO 80033
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