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Property profile & analytics
FOR LEASE
Office buildings

1360 S Wadsworth Blvd Lakewood, CO 80232

22,144 SF 1.54 ac lot Built 1972
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US13-2627298
Property summary
AI-generated overview

Terra Professional Plaza offers a diverse range of office spaces, ideal for businesses seeking flexible and functional work environments. Located at 1360 S Wadsworth Blvd in Lakewood, Colorado, this two-story building boasts 22,309 square feet of total space, divided into 28 suites. Units range from a minimum of 365 square feet to a maximum contiguous space of 1,340 square feet, catering to various business needs. The property features convenient amenities including an elevator, ample parking, and 24-hour access via a locked entry system. Each suite benefits from upgraded finishes, exterior entrances, and private restrooms, ensuring a comfortable and professional atmosphere. The building's strategic location between Florida Ave and Mississippi Ave, offers easy access to major transportation routes, including proximity to the 6th Ave Freeway and Highway 285. With over 45,000 cars passing daily on Wadsworth Blvd, the property enjoys high visibility and accessibility. The surrounding area provides a wealth of retail amenities, including restaurants, banks, hotels, and the nearby Belmar Shopping District. Currently undergoing exterior renovations, Terra Professional Plaza is under new ownership and professional management, promising a well-maintained and updated facility. The abundance of natural light from numerous windows further enhances the appeal of these quality, affordable office suites. Jefferson County location, zip code 80232.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Construction STEEL FRAME
Total area 22,144 SF
Lot 1.54 ac (67,082 SF)
APN 49-231-00-037
UPID US13-2627298
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$1.53M
Owner & transaction history
Icfi 1360 LLC · 5 yrs held
Icfi 1360 LLC
since 2021
Last sale
$1.6M
6 recorded transactions
2021
Price N/A
2020
Price N/A
2018
$1.6M
2011
$1.6M
2007
$1.6M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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