Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11950 52nd Ave Wheat Ridge, CO 80033-2030

    • Automotive properties
    • 7,000 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimations
    $385,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-2317500
    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

    • Automotive properties

    Property Details for 11950 52nd Ave

    Year built
    2018
    Lot size
    0.41 lot acres
    Property size
    7,000 SF
    Property type
    Automotive properties
    APN
    39-174-05-027
    APU
    3917405027

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $385,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.134
    Latitude
    39.7907
    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
    $37,798
    $93,082
    $318,443
    $411,525
    -
    $333,629
    $1,171,371
    $1,505,000

    Comparable in this City

    • Value Estimation
      $155,000
      11,050 SF

      4895 Ward Rd

      VEHICLE SALES, RENTALS • 11,050 SF
      4895 Ward Rd, Wheat Ridge, CO 80033-1929
      View Details
    • Value Estimation
      $265,000
      1,736 SF

      7975 44th Ave

      VEHICLE SALES, RENTALS • 1,736 SF
      7975 44th Ave, Wheat Ridge, CO 80033-4505
      View Details
    • Value Estimation
      $300,000
      1,792 SF

      3901 Wadsworth Blvd

      VEHICLE SALES, RENTALS • 1,792 SF
      3901 Wadsworth Blvd, Wheat Ridge, CO 80033-4614
      View Details
    • Value Estimation
      $3,995,000
      5,992 SF

      3865 Kipling St

      VEHICLE SALES, RENTALS • 5,992 SF
      3865 Kipling St, Wheat Ridge, CO 80033-4122
      View Details
    • Value Estimation
      $2,585,000
      5,638 SF

      4295 Kipling St

      VEHICLE SALES, RENTALS • 5,638 SF
      4295 Kipling St, Wheat Ridge, CO 80033-2890
      View Details
    • Value Estimation
      $720,000
      28,840 SF

      9491 44th Ave

      VEHICLE SALES, RENTALS • 28,840 SF
      9491 44th Ave, Wheat Ridge, CO 80033-2900
      View Details

    Similar Nearby for Sale

    • $1,700,000
      2,890 SF

      Automotive/Retail Showroom and Shop

      Light automotive/retail showroom and shop with parking and yard.
      9901 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $12,675,000

      New Gas Station with Taco

      New gas station with Laredo Taco in high-traffic area.
      5991 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $1,470,000
      5,550 SF

      Lakewood Mixed-Use Investment Opportunity

      Mixed-use property with stable income in growing Lakewood market.
      5530-5536 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $1,650,000
      4,740 SF

      Auto Lot on Colfax Avenue

      Remodeled auto lot with high visibility and traffic counts.
      7785 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $4,500,000
      19,700 SF

      Lakewood Property with Large Parking

      Property in Lakewood, Colorado with over 100 parking spaces.
      13151 W Alameda Pkwy, Lakewood, CO 80033
      View Details
    • $430,000
      1,482 SF

      Lakewood Multi-Unit Building For Sale

      Multi-unit building in Lakewood available for sale and lease.
      11712 W Colfax Ave, Lakewood, CO 80033
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      6,435 SF

      Retail Property on Colfax Avenue

      Retail space with high traffic and storefront parking available.
      8400 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $1,595,000
      3,000 SF

      Retail/Automotive Space on W. 44th

      Retail/automotive space with high visibility and traffic exposure.
      9695 W 44Th Ave, Wheat Ridge, CO 80033
      View Details
    • $14 SF/Yr
      3,240 SF

      Wheat Ridge Automotive/Retail Space

      Renovated space suitable for automotive or retail tenants.
      9491 W 44Th Ave, Wheat Ridge, CO 80033
      View Details
    • $14 SF/Yr
      15,080 SF

      Wadsworth Blvd Retail Space

      Wheat Ridge retail spaces available.
      4550 Wadsworth Blvd, Wheat Ridge, CO 80033
      View Details
    • Contact for pricing
      103,438 SF

      Wheat Ridge Marketplace Retail Space

      High-traffic retail space available now.
      3800-3928 Wadsworth Blvd, Wheat Ridge, CO 80033
      View Details
    • Contact for pricing
      1,319 SF

      Retail Space in Prime Location

      Retail spaces available in high-traffic Lakewood location.
      7611 W Colfax Ave, Lakewood, CO 80033
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11950 52nd Ave
    Wheat Ridge, CO 80033-2030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.