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Property profile & analytics
OFF-MARKET
Office buildings

6175 38th Ave Wheat Ridge, CO 80033-5146

1,613 SF 0.34 ac lot Built 1928
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US13-0876896
Property summary
AI-generated overview

This 2,920 square foot freestanding building in Wheat Ridge, Colorado, presents a unique investment opportunity. Located on the bustling 38th Avenue corridor, this property boasts high visibility and easy accessibility. Currently configured as a daycare center, it features multiple versatile rooms on the ground floor and a partially finished basement office area. Ample parking is available both front and rear. A fully fenced playground is situated at the rear. Built in 1928, the single-story structure sits on a lot with a MU-N (Mixed Use Neighborhood) zoning designation, offering significant redevelopment potential for a variety of uses, including mixed-use projects combining residential and commercial elements. The property's address is 6175 W 38th Ave, Wheat Ridge, CO 80033, and the Jefferson County APN is 39-243-00-050. The asking price is $1,050,000. The net rentable square footage is 2,920. This presents a compelling opportunity for investors and businesses seeking a prime location in a thriving community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1928
Construction FRAME
Total area 1,613 SF
Lot 0.34 ac (15,028 SF)
APN 39-243-00-050
UPID US13-0876896
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Smock,kristin & Bryan · 11 yrs held
Smock,kristin & Bryan
since 2014
4 recorded transactions
2024
Price N/A
2014
$345,500
2003
$90,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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