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Property profile & analytics
OFF-MARKET Estimated value $1,945,000
Office buildings

10395 Colfax Ave Lakewood, CO 80215-3925

18,487 SF 1.21 ac lot Built 1961
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US13-0104344
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$1.95M
Owner & transaction history
R Irey E & E LLC · 5 yrs held
R Irey E & E LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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