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Financial
Distress signals
Property profile

12198 Ridge Rd Wheat Ridge, CO 80033

FOR SALE
Life science properties
Property ID
US13-0715525
7,726 SF 1.12 ac lot Built 1968
Last sale Sep 2019 · $1,261,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, located at 12198 Ridge Rd in Wheat Ridge, Colorado (zip code 80033), offers a unique opportunity for businesses seeking versatile space. The complex comprises three buildings totaling 13,541 square feet on a 1.12-acre lot, zoned I-E. Built in 1968 and renovated in 1963, the property features two loading docks and benefits from a newly paved lot (completed August 2024). Its central Wheat Ridge location, near I-70 and Ward, provides excellent…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$45k
Tax billed · 2023
Assessed value$494k
Assessed land$68k
Assessed improvement$426k
Effective rate9.18%

Value estimate

· Oct 2026
$390k
$351k – $429k
AI approach$390k
Submarket $/SF estimate$727k
NOI build-up
Gross scheduled income$157k
Vacancy & credit loss−$7k
Operating expenses−$45k
NOI · 5.12% cap applied$105k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$268/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$191 – $464

Cap rate analysis

How does the asset earn?
5.12%
$105k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant24.7
Hair Salon15.4
Pharmacy13.0

Location

12198 Ridge Rd Wheat Ridge, CO 80033
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12360 49th, Wheat Ridge, CO 80033-2173 $1,400,000 Jan 2026 7,488 SF
12250 52nd, Wheat Ridge, CO 80033-2024 $2,200,000 Feb 2025 9,500 SF
4995 Iris, Wheat Ridge, CO 80033 $1,135,000 Dec 2023 5,750 SF
7610 3rd Acre, Wheat Ridge, CO 80033 $1,000,000 Nov 2023 7,441 SF
5000 Robb St Bldg 1a, Wheat Ridge, CO 80033-2300 $3,600,000 Sep 2022 13,286 SF
8150 48th, Wheat Ridge, CO 80033-3119 $4,500,000 Nov 2021 8,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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