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    Property profile & analytics

    6990 Colfax Ave Lakewood, CO 80214

    • Commercial real estate
    For Sale
    View listing
    $350,000
    Value Estimation
    Location Intelligence
    Property ID
    US13-2683027
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6990 Colfax Ave

    Property type
    Commercial real estate

    Description

    This exceptional 15,800 square-foot commercial land parcel presents a remarkable investment opportunity in the thriving Lakewood, Colorado market. Situated at 6990 W Colfax Ave, at the southeast corner of W Colfax Ave and Reed St, this vacant land boasts a highly desirable location with significant daily traffic. The property is zoned M-G-U (Mixed-Use, General, and Urban), offering considerable flexibility for development. Given the lot size and location, potential uses could include a small cafe or bar, a liquor store, a quick-service restaurant, a small apartment building, mixed-use retail space, or a small office building. The property's address is 6990 W Colfax Ave, Lakewood, CO 80214, in Jefferson County. This is a prime opportunity to capitalize on the growth and potential of this up-and-coming area of Colfax Avenue. The asking price for this exceptional property is $350,000. Broker co-op is available.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.07416202049
    Latitude
    39.740392649444

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    Similar Nearby for Sale

    • $1,150,000

      Development-Ready Townhome Project

      Approved 10-unit townhome project near light rail and Sloan's Lake.
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    • $4,000,000

      Denver Land Investment Opportunity

      Prime Denver property zoned C4, ideal for land/industrial investors.
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      Lakewood Land For Sale

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      Commercial Land For Sale

      Commercial land available for sale.
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      Lakewood Multifamily Redevelopment Opportunity

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      View Details

    Similar Nearby for Lease

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      4,927 SF

      Lakewood Medical Office Building

      Single-tenant, 4,927 SF, 1-acre lot
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    6990 Colfax Ave
    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
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