Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    9797 Colfax Ave Lakewood, CO 80215

    Sponsored
    For Sale
    Contact for pricing

    Lakewood, CO Retail Center - Value-Add Potential

    Property size:
    10,790 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 10,790 square foot shopping center in Lakewood, Colorado presents a compelling value-add redevelopment opportunity. Currently operating as a multi-tenant retail property with 50% occupancy and a NNN lease structure, the property sits on a sizable 44,274 square foot lot. The M-6-S zoning (60' height) allows for significant expansion and mixed-use development, aligning perfectly with the current market demand for multifamily residential and retail space in this high-growth area of the Denver Metro region. The property boasts excellent visibility and access, situated in a prime West Denver location near amenities, employment centers, and recreational facilities. Existing income provides a stable foundation for redevelopment, while the expedited entitlement process streamlines the development timeline. This location offers a developer the chance to capitalize on the area's adaptive reuse trend and realize the full potential of this strategically located asset. The property's current cash flow, combined with the potential for substantial value appreciation through redevelopment, makes it an attractive investment. The property is located at 9797 W Colfax Ave, Lakewood, CO 80215.

    Property Features for 9797 Colfax Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    10,790 SF

    Building Details

    Stories
    1

    HighLights

    • Existing income stream from current tenants.
    • M‑6‑S zoning allows for mixed‑use development, including multifamily.
    • Streamlined entitlement process accelerates project timeline.
    • Prime West Denver location near amenities and employment centers.
    • High visibility and convenient access from major thoroughfares.
    • Strong demographics support high demand for residential and retail space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.10770448515
    Latitude
    39.740304356091

    Nearby Similar for Sale

    • $355,000
      837 SF

      Green Mountain Move-In Ready Home

      Updated two-bedroom condo with community amenities and convenient location.
      1646 S Deframe St, Lakewood, CO 80228
      View Details
    • $12,675,000

      New Gas Station with Taco

      New gas station with Laredo Taco in high-traffic area.
      5991 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $1,320,000
      5,132 SF

      Lakewood Ranch-Style 5-Unit Property

      Five-unit property in Lakewood with value-add opportunities.
      10750 W 12Th Pl, Lakewood, CO 80215
      View Details
    • Contact for pricing
      16,442 SF

      Lakewood Apartments: 18 Units

      18-unit apartment building in Lakewood, Colorado with development potential.
      8220 W 16Th Pl, Lakewood, CO 80214
      View Details
    • $800,000
      3,306 SF

      Remodeled Duplex with Fenced Yards

      Stunning duplex featuring modern amenities, private yards, and garage parking.
      5780 W 5Th Ave, Lakewood, CO 80226
      View Details
    • $335,000

      End Unit Condo with Loft

      Two-bedroom condo with loft, stainless appliances, and convenient parking.
      445 Wright St, Lakewood, CO 80228
      View Details
    • $1,175,000
      6,025 SF

      Colfax Avenue Retail/Office Building

      High-visibility retail/office building with redevelopment potential in Lakewood, Colorado.
      11598 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $1,470,000
      5,550 SF

      Lakewood Mixed-Use Investment Opportunity

      Mixed-use property with stable income in growing Lakewood market.
      5530-5536 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $2,100,000
      17,506 SF

      Lakewood Office Building Investment Opportunity

      NNN investment opportunity with potential for owner-occupancy or medical conversion.
      1550 Dover St, Lakewood, CO
      View Details
    • $999,500
      2,210 SF

      Lakewood Automotive Shop Investment Opportunity

      1,054 SF automotive shop with redevelopment potential on West Colfax.
      8810 W Colfax Ave, Lakewood, CO 80215
      View Details
    • $750,000

      Green Mountain Village Ranch Duplex

      All-brick duplex in sought-after neighborhood, ideal for investors.
      12285-12287 W Dakota Dr, Lakewood, CO 80228
      View Details
    • $799,000
      2,376 SF

      Lakewood Retail and Flex Buildings

      Two freestanding buildings near light rail, ideal for owner-user.
      1420 Garrison St, Lakewood, CO
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Lakewood, CO Retail Center - Value-Add Potential
    Where is this lifestyle center located?
    The property is located at 9797 Colfax Ave Lakewood, CO.
    What are key features of this property?
    This property features: Existing income stream from current tenants.; M-6-S zoning allows for mixed-use development, including multifamily.; Streamlined entitlement process accelerates project timeline.
    Request Owner's contact information
    9797 Colfax Ave Lakewood, CO 80215
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9797 Colfax Ave
    Lakewood, CO 80215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    9797 Colfax Ave Lakewood, CO 80215
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.