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Property profile & analytics
OFF-MARKET Estimated value $775,000
Life science properties

1111 Pierce St Lakewood, CO 80232-5633

7,134 SF 0.82 ac lot Built 1984
Entity Owned 25-yr Hold Free & Clear
Property ID
US13-0668731
Property summary
AI-generated overview

This 7,134 square foot multi-use property located at 1111 S. Pierce St, Denver, CO 80232, presents a unique value-add investment opportunity. Situated on a 0.82-acre lot at a hard corner, this building boasts 28 parking spaces and is zoned M-N-U (Lakewood). Built in 1984, the property currently functions as two independent recording studios, each designed for optimal acoustics, along with approximately 2,300 square feet of office/retail showroom space. Its adaptable layout offers significant potential for various uses, including daycare, restaurant, or executive office space. The property's location, approximately half a mile from S. Wadsworth Blvd and W. Mississippi Ave, provides excellent visibility and accessibility. The existing structure offers buyers the advantage of pre-existing acoustically treated space and enhanced security features. This property is ideal for owner-users seeking specialized space or investors/developers looking to capitalize on its versatile zoning and prime location in Denver, Colorado. The asking price is $960,000.

Property profile
Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1984
Construction STEEL FRAME
Total area 7,134 SF
Lot 0.82 ac (35,609 SF)
APN 49-231-01-022
UPID US13-0668731
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
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$505k
Blend (final) Blend
$775k
Owner & transaction history
FTM STUDIOS LLC · 1 yrs held
FTM STUDIOS LLC
since 2025
Last sale
$850,000
1 recorded transaction
2025
$850,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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