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

    10815 Jewell Ave Lakewood, CO 80232

    • Retail space
    • 19,682 SF
    • 2.35 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0715278
    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

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 10815 Jewell Ave

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    2.35 lot acres
    Property size
    19,682 SF
    Property type
    Retail space
    APN
    49-213-00-001
    APU
    4921300001

    Description

    Jewell Plaza Shopping Center presents a prime retail investment opportunity in Lakewood's vibrant West submarket. This single-story, 21,800 square foot strip center boasts a highly desirable location at the northeast corner of Jewell Avenue and South Kipling Parkway, offering exceptional visibility and accessibility. The center is strategically positioned across from established anchors including Walgreens and Safeway, ensuring high foot traffic and brand recognition. The property features 105 parking spaces, providing ample convenience for customers and tenants. Currently, there are two suites available, totaling 2,344 square feet of vacant space. Unit F offers 1,300 square feet of open retail/storefront space, ideal for a variety of uses, while Unit M provides 1,040 square feet with a convenient back storage area. The property also includes a larger suite (Unit P) previously configured with a waiting room, reception area, four offices, and ample storage. Built in 1980, the center sits on a 2.35-acre lot with a floor area ratio of 0.21. The minimum divisible space is 1,040 square feet, with a maximum contiguous space of 1,304 square feet. The property is anchored by a 7-Eleven, further enhancing its appeal and attracting a consistent flow of customers. Monument signage is available, providing excellent branding opportunities for tenants. This well-maintained property offers a compelling investment opportunity for businesses seeking high-traffic exposure in a thriving retail environment. The property's location and amenities make it an ideal choice for a variety of retail uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,490,000
      6.5%
      $4,145,000
      7%
      $3,850,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.119
    Latitude
    39.6828
    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
    $104,166
    $671,733
    $469,907
    $1,141,640
    -
    $2,407,646
    $1,714,254
    $4,121,900

    Comparable in this City

    • Value Estimation
      $1,860,000
      12,080 SF

      7800 Jewell Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,080 SF
      7800 Jewell Ave, Lakewood, CO 80232-6891
      View Details
    • Value Estimation
      $610,000
      5,180 SF

      1465 Sheridan Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,180 SF
      1465 Sheridan Blvd, Lakewood, CO 80232-5960
      View Details
    • Value Estimation by Request
      1,610 SF

      1445 Sheridan Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,610 SF
      1445 Sheridan Blvd, Lakewood, CO 80232-5960
      View Details
    • Value Estimation by Request
      2,391 SF

      1515 Sheridan Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,391 SF
      1515 Sheridan Blvd, Lakewood, CO 80232-7248
      View Details
    • Value Estimation
      $985,000
      7,735 SF

      1741 Wadsworth Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,735 SF
      1741 Wadsworth Blvd, Lakewood, CO 80232-6821
      View Details
    • Value Estimation
      $1,700,000
      2,441 SF

      1898 Wadsworth Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,441 SF
      1898 Wadsworth Blvd, Lakewood, CO 80232-6831
      View Details

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    Similar Nearby for Lease

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      1 SF

      Lakewood Pad Sites: Prime Location

      Rare urban infill, high-traffic retail land.
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      Retail Gas Station For Lease

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      Heritage West Retail Center

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      View Details
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      Jewell Ave Retail Center Opportunity

      Four retail spaces available, Jefferson County.
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      View Details
    • $16 SF/Yr
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      Jewell Plaza: Retail Space Available

      Lakewood Retail Center, High Visibility, Ample Parking
      10815 Jewell Ave, Lakewood, CO 80232
      View Details
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    10815 Jewell Ave
    Lakewood, CO 80232
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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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