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

    12190 44Th Ave Wheat Ridge, CO 80033

    For Sale
    $1,500,000

    High-visibility storefront, strong NOI, excellent location.

    Property size:
    3,197 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 3,197 square foot retail storefront located at 12190 W 44th Ave, Wheat Ridge, CO 80033. The property, built in 1975, sits on a 0.7-acre lot and is zoned C-1, offering significant flexibility for future development. Currently operating as a retail/liquor store/convenience store, the property boasts high visibility due to its location on a major thoroughfare with 128,400 vehicles per day on I-70, and includes pylon signage. The asking price is $1,500,000, representing a price per square foot of $469.19 and a 4.48% cap rate. The property generates a Net Operating Income (NOI) of $67,137. Ample parking is available. The building's unique design is appealing, and future development options exist. According to City of Wheat Ridge guidelines, the existing building can be used as-is, demolished, or rebuilt up to 50 feet high, utilizing up to 80% of the lot. This property presents a compelling investment opportunity in a prime retail market within the Denver MSA. The Jefferson County location and the property's strong performance metrics make this a highly desirable asset. The property's APN is 39-201-08-007.

    Property Features for 12190 44Th Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,197 SF
    Class
    C
    Lot Size
    30,492 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1

    HighLights

    • $1,500,000 asking price for this 3,197 square foot retail storefront.
    • Net lease investment opportunity with a 4.48% cap rate and $67,137 NOI.
    • Located at 12190 W 44th Ave, Wheat Ridge, CO 80033, in a high‑visibility location with ample parking.
    • Class C building, built in 1975, situated on a 0.7‑acre lot with C‑1 zoning.
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.1356226
    Latitude
    39.7779591

    Nearby Similar for Sale

    • $3,500,000
      24,138 SF

      Wheat Ridge Office Building For Sale

      Income-producing office building or redevelopment opportunity in Wheat Ridge, Colorado.
      4485 Wadsworth Blvd, Wheat Ridge, CO 80214
      View Details
    • $299,900

      Charming Home in Garrison Lakes

      2-bedroom, 1-bathroom home in Wheat Ridge's Garrison Lakes Community.
      4921 Garrison St, Wheat Ridge, CO 80033
      View Details
    • $4,800,000
      38,114 SF

      Wheat Ridge Office/Warehouse Opportunity

      38,114 SF office, light industrial and warehouse facility for sale.
      4725 Independence St, Wheat Ridge, CO 80033
      View Details
    • $1,285,000
      4,795 SF

      Wheat Ridge Dispensary Opportunity

      Freestanding retail building with dispensary license for sale.
      10030 W 27 Ave, Wheat Ridge, CO
      View Details
    • $1,975,000
      6,535 SF

      Renovated Multifamily Property with Upside

      Renovated multifamily property near Discovery Park with strong income potential.
      10717 W 38Th Ave, Wheat Ridge, CO 80033
      View Details
    • Contact for pricing
      5,099 SF

      Wheat Ridge Multifamily and Storage

      Single-family home, duplexes, and mini-storage on a large lot.
      3839 Reed St, Wheat Ridge, CO 80033
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-visibility storefront, strong NOI, excellent location.
    Where is this individual retail property located?
    The property is located at 12190 44Th Ave Wheat Ridge, CO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for this 3,197 square foot retail storefront.; Net lease investment opportunity with a 4.48% cap rate and $67,137 NOI.; Located at 12190 W 44th Ave, Wheat Ridge, CO 80033, in a high-visibility location with ample parking.
    Request Owner's contact information
    12190 44Th Ave Wheat Ridge, CO 80033
    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.
    12190 44Th Ave
    Wheat Ridge, CO 80033
    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
    12190 44Th Ave Wheat Ridge, CO 80033
    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.