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    1370 Simms St Lakewood, CO 80401

    Sponsored
    For Sale
    $2,850,000

    12,710 SF Warehouse, $2.85M

    Property size:
    12,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,710-square-foot industrial warehouse, located at 1370 Simms Street in Lakewood, Colorado, presents a compelling investment opportunity. Priced at $2,850,000 ($212/sq ft), the property boasts a desirable location within Jefferson County's LI-RD zoning. The building features nine grade-level loading docks and a 14-foot ceiling height, providing ample space for efficient operations. Situated on a 2.17-acre lot, the property includes a fully fenced and gated outdoor storage area, perfect for various uses or redevelopment. Its strategic location offers excellent access to major transportation arteries, including I-70, I-25, and Highway 6, ensuring convenient access for both employees and clients. The property benefits from high visibility, with 2,100 vehicles passing daily. Furthermore, the low mill levy and its designation as an Opportunity Zone add significant financial advantages. This functional warehouse with a large storage yard represents a rare opportunity in Denver's highly sought-after West submarket, ideal for businesses seeking immediate occupancy and potential future expansion or redevelopment. The property is available now.

    Property Features for 1370 Simms St

    General Information

    Property type
    Self storage facilities
    Square Feet
    12,710 SF
    Lot Size
    94,525 SF

    HighLights

    • 12,710 SF industrial warehouse in Lakewood, CO's desirable West submarket.
    • Functional warehouse with large fenced & gated storage yard on a 2.17‑acre lot.
    • Excellent Simms Street location with high visibility (2,100 VPD).
    • Very low mill levy.
    • Fully fenced and gated site.
    • Located in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Law Firm Clothing Store Hotel & Motel Accounting Firm Garden Center Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.1278599
    Latitude
    39.7378053

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    FAQs

    What type of property is this?
    Self storage facility - 12,710 SF Warehouse, $2.85M
    Where is this self storage facility located?
    The property is located at 1370 Simms St Lakewood, CO.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: 12,710 SF industrial warehouse in Lakewood, CO's desirable West submarket.; Functional warehouse with large fenced & gated storage yard on a 2.17-acre lot.; Excellent Simms Street location with high visibility (2,100 VPD).
    Request Owner's contact information
    1370 Simms St Lakewood, CO 80401
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    Lakewood, CO 80401
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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
    1370 Simms St Lakewood, CO 80401
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