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    Property profile & analytics

    1585 Allison St Lakewood, CO 80214-6022

    • Retail space
    • 6,169 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    $1,145,000
    Last Sale
    Nov 12, 2024
    $1,150,000
    Location Intelligence
    Property ID
    US13-0852702
    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.

    Current Use by Public Records

    • Vibrance Drug Detox Rehab Lakewood / Health Counselor / Addiction Treatment Center
    • Bretz Interiors / Carpet Store / Window Treatment Store

    Property Details for 1585 Allison St

    Year built
    1955
    Construction
    STEEL FRAME
    Lot size
    0.85 lot acres
    Property size
    6,169 SF
    Property type
    Retail space
    APN
    39-353-00-029
    APU
    3935300029

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,145,000
      6.5%
      $1,180,000
      7%
      $1,130,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,115,000
      Geo Method
      $1,090,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,050,000
      Retail
      $1,295,000
      Mixed-Use
      $1,250,000
      Hospitality
      $1,080,000
      Educational
      $1,145,000
      Residential Income
      $1,070,000
      Energy
      $1,210,000
      Income-Based Land
      $1,140,000
      Food Service
      $1,240,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.087
    Latitude
    39.7414
    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
    $17,487
    $129,735
    $64,170
    $193,905
    -
    $465,000
    $260,000
    $725,000

    Comparable in this City

    • Value Estimation by Request
      5,550 SF

      5530 Colfax Ave

      Individual retail properties • 5,550 SF
      5530 Colfax Ave, Lakewood, CO 80214
      View Details
    • Value Estimation
      $355,000
      5,655 SF

      1595 Carr St

      RETAIL STORES (PERSONAL SERVICES) • 5,655 SF
      1595 Carr St, Lakewood, CO 80214-5961
      View Details
    • Value Estimation
      $1,510,000
      5,670 SF

      815 Wadsworth Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,670 SF
      815 Wadsworth Blvd, Lakewood, CO 80214-4500
      View Details
    • Value Estimation
      $515,000
      6,480 SF

      5650 29th Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,480 SF
      5650 29th Ave, Wheat Ridge, CO 80214-8428
      View Details
    • Value Estimation
      $4,280,000
      8,726 SF

      7205 Colfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,726 SF
      7205 Colfax Ave, Lakewood, CO 80214-5408
      View Details
    • Value Estimation
      $2,565,000
      13,278 SF

      8000 Colfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,278 SF
      8000 Colfax Ave, Lakewood, CO 80214-6117
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Retail space in Wheat Ridge, anchored by Safeway.
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      View Details
    • $15 SF/Yr
      2,100 SF

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      Move-in-ready 2,100 SF restaurant/retail space with great visibility.
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    • Contact for pricing
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    • $1,000 /Mo

      Lakewood Mixed-Use Flexible Space

      Newly renovated mixed-use property in the heart of Lakewood.
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      View Details
    • Contact for pricing
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      View Details
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    1585 Allison St
    Lakewood, CO 80214-6022
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    Realmo Value Estimation

    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.

    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.

    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
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