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    5522 Colfax Ave Lakewood, CO 80214

    Sponsored
    For Sale
    $1,800,000

    ±2-Acre Commercial Lot, High Visibility

    Property size:
    1,376 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ±2-acre commercial land parcel presents a prime redevelopment opportunity in Dauphin County, Pennsylvania. Strategically located along Route 22, this property boasts exceptional visibility with an estimated 50,000 vehicles passing daily. Its convenient proximity to I-81's exit ensures easy accessibility for customers and employees. The General Commercial zoning allows for a variety of development options. Conceptual plans illustrate the potential for a significant development, including a medical facility up to 8,000 square feet, or a combination of a 3,000 square foot bank with a drive-thru and a 4,000 square foot retail building. The property's location is further enhanced by its proximity to numerous national retailers, including McDonald's, Burger King, Kohl's, Target, Costco, and Best Buy, creating a strong retail environment. The land is offered for sale or lease, with build-to-suit options available. Land lease pricing will be determined based on the level of land improvement responsibilities assumed by the owner. The APN is 35-033-035, and the cross street is Mountain Road. This is an unparalleled chance to capitalize on a high-traffic location and create a thriving commercial venture.

    Property Features for 5522 Colfax Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    1,376 SF
    Lot Size
    19,166 SF

    HighLights

    • ±2‑acre commercial lot on Rt 22, Dauphin County.
    • High visibility with ±50,000 VPD.
    • Convenient I‑81 access.
    • Prime redevelopment opportunity.
    • Excellent location near national retailers (McDonald's, Burger King, Kohl's, Target, Costco, Best Buy).
    • Potential for 8,000 SF medical building, 3,000 SF bank with drive‑thru, or 4,000 SF retail building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    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
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.05675064449
    Latitude
    39.740320518001

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    FAQs

    What type of property is this?
    Automotive property - ±2-Acre Commercial Lot, High Visibility
    Where is this automotive property located?
    The property is located at 5522 Colfax Ave Lakewood, CO.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: ±2-acre commercial lot on Rt 22, Dauphin County.; High visibility with ±50,000 VPD.; Convenient I-81 access.
    (720) 683-0399
    Request Owner's contact information
    5522 Colfax Ave Lakewood, CO 80214
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    Lakewood, CO 80214
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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
    5522 Colfax Ave Lakewood, CO 80214
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