Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12540 Cedar Dr Lakewood, CO 80228-2016
    Property profile & analytics

    12540 Cedar Dr, Lakewood, CO 80228-2016

    View on Map
    • Life science properties
    • 10,175 SF
    • 0.88 lot acres
    Off-Market
    Last Sale Dec 29, 2022
    $2,701,550
    Property ID
    US13-2790978
    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.
    Value Estimations
    $2,340,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Life science properties

    Property Details for 12540 Cedar Dr

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.88 lot acres
    Property type
    Life science properties
    APN
    49-083-00-012
    APU
    4908300012

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 29, 2022 $2,701,550 Da Cedar LLC 12540 Cedar LP Special Warranty Deed $2.1M · Wells Fargo Bank NA
    Dec 29, 2022 — Da Cedar LLC 12540 Cedar LP Bargain And Sale Deed $2.1M · Wells Fargo Bank NA
    Mar 23, 2021 $1,750,000 12540 Cedar LP 12540 W Cedar Drive LLC Special Warranty Deed $1.6M · First Utah Bank
    Aug 17, 2016 — 12540 W Cedar Drive LLC — Deed · related $620k · Business Bank
    Mar 10, 2004 $715,000 12540 W Cedar Drive LLC Skocypiec,tr Grant Deed $380k · Colorado Business Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,060,000
      ML approach
      $2,185,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,068,000
      Market price range: $1.68M - $3.31M

    • Alternative Use

      Use
      Estimation
      R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
      $2,350,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $3,300,000
      Change: +41% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $3,295,000
      Change: +40% Conversion: Difficult
      RETAIL STORES
      $3,270,000
      Change: +39% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $3,165,000
      Change: +35% Conversion: Difficult
      MEDICAL BUILDING
      $3,090,000
      Change: +32% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.139
    Latitude
    39.7115
    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
    $44,015
    $251,042
    $237,013
    $488,055
    -
    $899,792
    $879,508
    $1,779,300

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      11900 Cedar Dr

      R&D FACILITY, LABS, PHARMA
      11900 Cedar Dr, Lakewood, CO 80228-2208
      View Details
    • Value Estimation
      $945,000
      15,241 SF

      12305 Dakota Ave

      R&D FACILITY, LABS, PHARMA
      12305 Dakota Ave, Lakewood, CO 80228-2584
      View Details
    • Value Estimation by Request
      7,976 SF

      118 Taft St

      R&D FACILITY, LABS, PHARMA
      118 Taft St, Lakewood, CO 80228-2209
      View Details
    • Value Estimation
      $505,000
      8,500 SF

      11901 Cedar Dr

      R&D FACILITY, LABS, PHARMA
      11901 Cedar Dr, Lakewood, CO 80228-2201
      View Details
    • Value Estimation
      $545,000
      10,800 SF

      12580 Cedar Dr

      R&D FACILITY, LABS, PHARMA
      12580 Cedar Dr, Lakewood, CO 80228-2016
      View Details
    • Value Estimation
      $630,000
      20,000 SF

      12105 Cedar Dr

      R&D FACILITY, LABS, PHARMA
      12105 Cedar Dr, Lakewood, CO 80228-2103
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,655 SF

      Retail Building in Safeway Center

      9,655 SF freestanding building near Solterra neighborhood.
      13013 W Alameda Pkwy, Lakewood, CO 80228
      View Details
    • $1,750,000

      Lakewood Freestanding Building For Sale

      9,655 SF freestanding building in a Safeway shopping center.
      13013 W Alameda Pkwy, Lakewood, CO 80228
      View Details
    • $2,150,000

      Lakewood Office Building For Sale

      12,359 SF office building in Lakewood, Colorado, 50% leased.
      735 S Xenon Ct, Lakewood, CO 80228
      View Details
    • Contact for pricing
      19,700 SF

      Lakewood Property with Large Parking

      Property in Lakewood, Colorado with over 100 parking spaces.
      13151 W Alameda Pkwy, Lakewood, CO 80228
      View Details
    • Contact for pricing

      Lakewood Office Building For Sale

      Office building for sale in Lakewood, Colorado.
      13151 W Alameda Pkwy Lakewood, Lakewood, CO 80228
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Lakewood Industrial/Flex Units For Rent

      Industrial/flex units with office and warehouse space available for rent.
      12860 W Cedar Dr, Lakewood, CO 80228
      View Details
    • Contact for pricing

      200 Union

      Discover many ways to work your way in 200 Union
      200 Union Blvd, Lakewood, CO 80228
      View Details
    • Contact for pricing
      6,000 SF

      Lakewood Warehouse with Updated Office

      6,000 SF Lakewood property featuring updated office and warehouse space.
      12430 W Cedar Dr, Lakewood, CO 80228
      View Details
    • Contact for pricing

      Lakewood Office Space For Rent

      Office space with flexible floor plan and attractive finishes.
      12157 W Cedar Dr, Lakewood, CO 80228
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Lakewood Center

      Retail, restaurant, office, or medical space available for lease.
      12081 W Alameda Pkwy, Lakewood, CO 80228
      View Details
    • Contact for pricing
      901 SF

      Office Space with Amenities

      Office space for rent with atrium and conferencing facility.
      141 Union Blvd, Lakewood, CO 80228
      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.
    12540 Cedar Dr
    Lakewood, CO 80228-2016
    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

    Thank You for Inquiry
    12540 Cedar Dr, Lakewood, CO, 80228
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!