Property profile

10395 Colfax Ave Lakewood, CO 80215

OFF-MARKET
Office buildings
Property ID
US13-0104344
18,487 SF 1.21 ac lot Built 1961
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 24,486-square-foot office building presents a unique investment opportunity in Lakewood, Colorado. Situated on a prominent 1.21-acre corner lot at the signalized intersection of Colfax Avenue and Miller Road, this mid-modern building boasts unparalleled visibility with a daily traffic count exceeding 30,000 vehicles. The property offers a highly desirable blend of commercial space, including a distinctive first-floor retail area, two levels of office space, and a usable basement. Its strategic location provides easy access to all parts of the Denver metro area, further enhanced by its proximity to a light rail station just two blocks away. This ensures convenient access to public transportation and ample parking for employees and clients. The building's design maximizes natural light and offers stunning views. The three-sided street frontage ensures maximum exposure for businesses seeking high visibility. This well-maintained property represents a significant opportunity for owner-users or developers seeking to capitalize on its prime location and substantial square footage. The potential for redevelopment or adaptive reuse is considerable, making this a truly exceptional offering in a thriving community.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1961
Construction STEEL FRAME
Total area 18,487 SF
Lot 1.21 ac (52,675 SF)
APN 39-334-12-001
UPID US13-0104344

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Vocational School Training Center
  • High School
  • Law Firm
  • Insurance Agency

Location

10395 Colfax Ave Lakewood, CO 80215-3925
Lakewood metro Census 15800 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$340k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2020
Price N/A
2019
Price N/A
2017
Price N/A
2014
$900,000
2003
$1.4M
1999
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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