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    1545 Quail St Ste, Unit 5 Lakewood, CO 80215-2753
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    Property profile & analytics

    1545 Quail St Ste, Unit 5, Lakewood, CO 80215-2753

    View on Map
    • Strip malls
    • 55,961 SF
    • 12.08 lot acres
    Off-Market
    Property ID
    US13-1149072
    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
    $7,775,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 1545 Quail St Ste

    Year built
    1982
    Construction
    STEEL FRAME
    Lot size
    12.08 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    39-333-99-003
    APU
    3933399003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 14, 2017 $10,500,000 Interra Sky Westland LLC Pwr16 1545 Quail Street LLC Special Warranty Deed $7.6M · United Texas Bank
    Jun 25, 2013 $7,100,000 Westland Plaza LLC Deputy Public Trustee Certificate Of Purchase · related $10.5M
    Mar 29, 2007 — Westland Plaza LLC Quail Colfax LLC Special Warranty Deed $10.5M · Bear Stearns Commercial Mortgage In
    Dec 13, 2006 — Quail Colfax LLC Robb Street Ptshp Ltd Grant Deed $9M · Wells Fargo Bk
    Dec 1, 2006 — Robb Street Property LLC Owner,record Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.125
    Latitude
    39.7426
    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
    $276,739
    $1,908,890
    $998,485
    $2,907,375
    -
    $6,841,900
    $3,608,800
    $10,450,700

    Comparable in this City

    • Value Estimation
      $14,395,000
      91,219 SF

      10785 Colfax Ave

      SHOPPING CENTER, STRIP CENTER
      10785 Colfax Ave, Lakewood, CO 80215-3807
      View Details
    • Value Estimation
      $8,495,000
      72,167 SF

      10575 Colfax Ave

      SHOPPING CENTER, STRIP CENTER
      10575 Colfax Ave, Lakewood, CO 80215-3803
      View Details
    • Value Estimation
      $3,900,000
      32,436 SF

      9797 Colfax Ave

      SHOPPING CENTER, STRIP CENTER
      9797 Colfax Ave, Lakewood, CO 80215-3924
      View Details
    • Value Estimation
      $17,310,000
      162,976 SF

      10565 Colfax Ave

      SHOPPING CENTER, STRIP CENTER
      10565 Colfax Ave, Lakewood, CO 80215-3803
      View Details
    • Value Estimation by Request

      9797 Colfax Ave

      Neighborhood centers
      9797 Colfax Ave, Lakewood, CO 80215
      View Details
    • Value Estimation by Request
      20,525 SF

      8525-8545 Colfax Ave

      Lifestyle centers
      8525-8545 Colfax Ave, Lakewood, CO 80215
      View Details

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      Retail center with 100% occupancy and high traffic visibility.
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      20,787 SF

      Multi-Tenant Asset on Colfax Avenue

      Two-story commercial property with high visibility and diverse tenant mix.
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      Mixed-Use Building Near I-70

      5000 SF building on 20,375 SF lot with flexible zoning.
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      2,015 SF

      Starbucks Investment Property in Lakewood

      NN leased Starbucks with 10 years remaining in Lakewood, Colorado.
      9900 W Colfax Ave, Lakewood, CO 80215
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      2,376 SF

      Lakewood Corner Property: Owner/User Opportunity

      Versatile property ideal for office, medical, or wellness use.
      1420 Garrison St, Lakewood, CO 80215
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    Similar Nearby for Lease

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      4,400 SF

      Retail Space in Wheat Ridge

      Revitalized neighborhood center with high traffic and signage opportunities.
      2625 Kipling St, Wheat Ridge, CO 80215
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    • Contact for pricing

      Versatile Commercial Space for Lease

      Centrally located property ideal for retail, office, and flex users.
      608-610 Garrison St, Lakewood, CO 80215
      View Details
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      1,600 SF

      Retail Building on West Colfax

      1,600 SF retail building with unbeatable exposure on West Colfax.
      8410 W Colfax Ave, Lakewood, CO 80215
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      21,000 SF

      Retail Space on Colfax Avenue

      Retail space with high visibility and access on Colfax.
      9695 W 15Th Pl, Denver, CO 80215
      View Details
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    Lakewood, CO 80215-2753
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    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.

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