Property profile

1370 Simms St Lakewood, CO 80401

FOR SALE
Life science properties
Property ID
US13-0636271
4,577 SF 1.82 ac lot Built 1971
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 12,710-square-foot industrial warehouse, located at 1370 Simms Street in Lakewood, Colorado, presents a significant opportunity. The property boasts a single-tenant occupancy status, with the entire 12,710 square feet currently vacant and ready for immediate use. Situated on a 2.17-acre lot, this warehouse features a 14-foot ceiling height, providing ample vertical space for storage or operations. Nine grade-level loading docks and nine drive-in doors ensure efficient loading and unloading capabilities. The property is zoned LI-RD (Lakewood) within Jefferson County, and benefits from a low mill levy. The location offers excellent access to major transportation arteries, including I-70, I-25, and Highway 6, providing convenient access to Denver's West submarket and beyond. A key advantage is the presence of fenced and gated outdoor storage, ideal for inventory storage or various operational needs. This property is perfect for businesses seeking immediate occupancy and a strategic location within a high-demand area. The address is 1370 Simms Street, Lakewood, CO 80401.

Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1971
Construction STEEL FRAME
Total area 4,577 SF
Lot 1.82 ac (79,410 SF)
APN 49-042-00-011
UPID US13-0636271

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Auto Repair Shop

Location

1370 Simms St Lakewood, CO 80401
Lakewood metro Census 10902 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2019
5 recorded transactions
2019
$2.0M
2019
$2.0M
2017
$1.0M
2017
Price N/A
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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