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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10565 Colfax Ave Lakewood, CO 80215-3803

    • Strip malls
    • 162,976 SF
    • 6.12 lot acres
    OFF-MARKET
    Last Sale
    Dec 05, 2022
    Value Estimations
    $17,310,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1154895
    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

    • Strip malls

    Property Details for 10565 Colfax Ave

    Year built
    1993
    Construction
    STEEL FRAME
    Lot size
    6.12 lot acres
    Property size
    162,976 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    39-334-11-027
    APU
    3933411027

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.116
    Latitude
    39.7431
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $313,071
    $1,747,058
    $1,724,371
    $3,471,429
    -
    $6,261,857
    $6,210,543
    $12,472,400

    Comparable in this City

    • Value Estimation
      $14,395,000
      91,219 SF

      10785 Colfax Ave

      SHOPPING CENTER, STRIP CENTER • 91,219 SF
      10785 Colfax Ave, Lakewood, CO 80215-3807
      View Details
    • Value Estimation
      $3,900,000
      32,436 SF

      9797 Colfax Ave

      SHOPPING CENTER, STRIP CENTER • 32,436 SF
      9797 Colfax Ave, Lakewood, CO 80215-3924
      View Details
    • Value Estimation
      $7,775,000
      55,961 SF

      1545 Quail St Ste, Unit 5

      SHOPPING CENTER, STRIP CENTER • 55,961 SF
      1545 Quail St Ste, Lakewood, CO 80215-2753
      View Details
    • Value Estimation
      $8,495,000
      72,167 SF

      10575 Colfax Ave

      SHOPPING CENTER, STRIP CENTER • 72,167 SF
      10575 Colfax Ave, Lakewood, CO 80215-3803
      View Details
    • Value Estimation by Request
      20,525 SF

      8525-8545 Colfax Ave

      Lifestyle centers • 20,525 SF
      8525-8545 Colfax Ave, Lakewood, CO 80215
      View Details
    • Value Estimation by Request

      9797 Colfax Ave

      Neighborhood centers
      9797 Colfax Ave, Lakewood, CO 80215
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      25,020 SF

      Versatile Retail, Office, Flex Property

      Centrally located property with versatile floor plans for various users.
      608-610 Garrison St, Denver, CO 80215
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    • $949,000
      4,070 SF

      Retail Center on West Colfax

      Four-unit retail center with high traffic exposure and walkability.
      11501 W Colfax Ave, Lakewood, CO 80215
      View Details
    • Contact for pricing
      10,790 SF

      Colfax & Kipling Center: Redevelopment Opportunity

      Lakewood, CO Retail Center - Value-Add Potential
      9797 Colfax Ave, Lakewood, CO 80215
      View Details
    • $2,500,000
      24,486 SF

      Lakewood Mixed-Use Redevelopment

      Prime Lakewood location, vacant, high visibility.
      10395 Colfax Ave, Lakewood, CO 80215
      View Details
    • $390,000
      2,340 SF

      Lakewood Retail Space - Colfax Ave

      High-traffic Colfax Ave retail unit. Great for owner-users or investors.
      8490 Colfax Ave, Lakewood, CO 80215
      View Details
    • $1,700,000
      2,890 SF

      Lakewood Auto Shop - $1.7M

      Prime West Colfax Ave location, 2890 sq ft.
      9901 Colfax Ave, Lakewood, CO 80215
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      5,171 SF

      Meadowlark Hills Center Retail Space

      Prime Retail Center, 2 Suites Available
      9050 6Th St, Lakewood, CO 80215
      View Details
    • $10 SF/Yr
      22,226 SF

      Colfax & Kipling Retail Center

      High-traffic retail space available. Multiple units, flexible sizes.
      9797 Colfax Ave, Lakewood, CO 80215
      View Details
    • Contact for pricing
      4,400 SF

      Retail Space in Wheat Ridge

      Revitalized neighborhood center with high traffic and signage opportunities.
      2625 Kipling St, Wheat Ridge, CO 80215
      View Details
    • $28 SF/Yr
      4,342 SF

      Lakewood Retail Space - Colfax Ave

      High-visibility retail space, ample parking.
      11700 Colfax Ave, Lakewood, CO 80215
      View Details
    • $18 SF/Yr
      1,521 SF

      Aurora Retail Space Available

      Retail space available for lease in Aurora, Colorado.
      9501 E Colfax Ave, Aurora, CO 80215
      View Details
    • Contact for pricing
      48,375 SF

      Retail Anchor Space on Colfax

      48,375 SF retail space available for lease.
      10400 E Colfax Ave, Aurora, CO 80215
      View Details

    Property Visit Statistics

    • Visits by month
      15.6k
    • Visitors by month
      13.6k
    • Avg Time on site
      21 min
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    10565 Colfax Ave
    Lakewood, CO 80215-3803
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    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
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