Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sec Evans Ave & Wadsworth Blvd Lakewood, CO 80232
    Back to Search
    Property profile & analytics

    Sec Evans Ave & Wadsworth Blvd, Lakewood, CO 80232

    View on Map
    • Retail properties & Spaces
    • 1 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Sec Evans Ave & Wadsworth Blvd

    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional opportunity presents 0.74 to 1.48 acres of prime commercial land for lease in Lakewood, Colorado. Located at the southeast corner of Evans Avenue and Wadsworth Boulevard, this property offers unparalleled visibility and accessibility. Situated in unincorporated Jefferson County, this site is ideal for a variety of uses, including a full-service restaurant, quick-service restaurant (QSR), daycare center, or medical office building (MOB). The location boasts high traffic counts along Wadsworth Boulevard, ensuring significant exposure for any business. The property's urban infill nature makes it a rare find, offering a unique chance to establish a presence in a thriving area. Its proximity to the intersection of Jewell Avenue and Wadsworth Boulevard further enhances its strategic value. This is a remarkable opportunity to secure a highly visible and accessible location for your business in a densely populated area. The land is available for multiple tenants. Total building square footage is not applicable as this is a land sale. The property is classified as an outparcel/pad site. Don't miss this chance to capitalize on this exceptional retail and land opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.082
    Latitude
    39.6777

    Comparable in this City

    • Value Estimation by Request
      3,920 SF

      1896 Wadsworth Blvd

      Retail properties & Spaces
      1896 Wadsworth Blvd, Denver, CO 80232
      View Details
    • Value Estimation
      $1,860,000
      12,080 SF

      7800 Jewell Ave

      RETAIL STORES (PERSONAL SERVICES)
      7800 Jewell Ave, Lakewood, CO 80232-6891
      View Details
    • Value Estimation
      $610,000
      5,180 SF

      1465 Sheridan Blvd

      RETAIL STORES (PERSONAL SERVICES)
      1465 Sheridan Blvd, Lakewood, CO 80232-5960
      View Details
    • Value Estimation by Request
      1,610 SF

      1445 Sheridan Blvd

      RETAIL STORES (PERSONAL SERVICES)
      1445 Sheridan Blvd, Lakewood, CO 80232-5960
      View Details
    • Value Estimation by Request
      2,391 SF

      1515 Sheridan Blvd

      RETAIL STORES (PERSONAL SERVICES)
      1515 Sheridan Blvd, Lakewood, CO 80232-7248
      View Details
    • Value Estimation
      $985,000
      7,735 SF

      1741 Wadsworth Blvd

      RETAIL STORES (PERSONAL SERVICES)
      1741 Wadsworth Blvd, Lakewood, CO 80232-6821
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,031 SF

      Lakewood Retail Property for Sale

      Retail property available in Lakewood, Colorado, offering 3,031 square feet.
      9000 W Jewell Ave, Lakewood, CO 80232
      View Details
    • Contact for pricing

      Urban Infill Pad Site Available

      Rare site ideal for restaurants, daycare, or medical office.
      2125 S Webster St, Lakewood, CO 80232
      View Details
    • Contact for pricing
      24,217 SF

      Lakewood Office Building For Sale

      Office building with outdoor storage potential and high traffic signage.
      1360 South Wadsworth Blvd, Lakewood, CO 80232
      View Details
    • Contact for pricing
      3,858 SF

      Dental Office in Lakewood, CO

      2,400 SF dental office with 6 surgical operatories for sale.
      7586 W Jewell Ave, Lakewood, CO 80232
      View Details
    • $210,000
      1,511 SF

      Lakewood Office Condo - Great Views!

      Spacious office condo with stunning views, ready for a new owner.
      7586 Jewell Ave, Lakewood, CO 80232
      View Details
    • Contact for pricing

      Lakewood Office Building For Sale

      Well-maintained office building with high occupancy and investment potential.
      1360 S Wadsworth Blvd, Lakewood, CO 80232
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Approved Drive-Thru Retail Land

      1.26 acres of drive-thru retail land for lease.
      7757 W Jewell Ave, Lakewood, CO 80232
      View Details
    • Contact for pricing
      1,288 SF

      End-Cap Retail Space Available

      Retail space with high visibility and traffic numbers.
      1890-1896 S Wadsworth Blvd, Lakewood, CO 80232
      View Details
    • Contact for pricing
      1,304 SF

      Lakewood Retail Center Space Available

      Retail spaces available in 7-Eleven anchored Lakewood center.
      10815 W Jewell Ave, Lakewood, CO 80232
      View Details
    • Contact for pricing
      7,815 SF

      Retail Space in Lakewood, CO

      960 square feet retail space available for lease.
      7777 W Jewell Ave, Lakewood, CO 80232
      View Details
    • Contact for pricing

      Land for Restaurant, Retail, Daycare

      Land for lease suitable for restaurant, retail, or daycare.
      Sec Evans Ave & Wadsworth Blvd, Lakewood, CO 80232
      View Details
    • Contact for pricing

      Retail End-Cap Space Available

      1,288 SF retail space with high visibility for lease.
      1896 S Wadsworth Blvd, Denver, CO 80232
      View Details
    Request Owner's contact information
    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.
    Sec Evans Ave & Wadsworth Blvd
    Lakewood, CO 80232
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Sec Evans Ave & Wadsworth Blvd, Lakewood, CO, 80232
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!