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Property profile & analytics
OFF-MARKET Estimated value $1,290,000
Retail space

10800 Alameda Ave Lakewood, CO 80226-2605

6,880 SF 0.67 ac lot Built 1966
Entity Owned 5-yr Hold Free & Clear
Property ID
US13-0049332
Property summary
AI-generated overview

This exceptional 6,880 square foot standalone retail building in Lakewood, Colorado, presents a lucrative investment opportunity. Located at 10800 W Alameda Avenue on a sizable 0.67-acre lot, the property boasts excellent street visibility and ample parking, catering to the needs of its tenants and customers. Currently fully leased at $16 per square foot, triple net (NNN), the building is divided into two distinct units. One unit is a gaming retail space complete with a commercial kitchen, while the other is a CBD warehouse. Both units are currently occupied by separate tenants, ensuring a stable income stream. The property has undergone recent and extensive renovations, encompassing a complete overhaul of essential systems. Improvements include a new water heater, updated sewer and water lines, a new air conditioning system, upgraded electrical wiring, enhanced insulation, modern lighting fixtures, and renovated restrooms. The sale also includes a shipping container situated on the property, adding further value. The flexible zoning allows for a variety of potential uses, making this a versatile and highly desirable investment. Situated in a thriving mixed-use neighborhood, this property offers a strong combination of location, income, and potential for future growth. The substantial recent improvements minimize future capital expenditure needs, maximizing the return on investment. This is a rare opportunity to acquire a fully leased, updated retail property in a prime Lakewood location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Construction STEEL FRAME
Total area 6,880 SF
Lot 0.67 ac (29,085 SF)
APN 49-162-01-001
UPID US13-0049332
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
$850k
CAP Approach CAP
$1.45M
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$1.29M
Owner & transaction history
Style Dynamics LLC · 5 yrs held
Style Dynamics LLC
since 2021
Last sale
$1.4M
5 recorded transactions
2021
$950,000
2019
Price N/A
2018
$615,000
2007
$475,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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