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    1800 Colorado Blvd Idaho Springs, CO 80452
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    Property profile & analytics

    1800 Colorado Blvd Idaho Springs, CO 80452

    View on Map
    • Retail space
    • 6,100 SF
    • 0.62 lot acres
    For Lease
    $21 SF/Yr
    View Listing →
    Retail/Office Space in Gold Rush For Lease
    $21 SF/Yr
    713 SF

    Retail/Office Space in Gold Rush

    Retail and office spaces available for lease in Idaho Springs.

    1800 Colorado Blvd, Idaho Springs, CO 80452
    View Listing
    Property ID
    US13-2458350
    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
    $1,765,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Idaho Springs Massage / Alternative Medicine Practice / Spa & Massage Center
    • Idaho Springs Chiropractic Center / Alternative Medicine Practice
    • Sparrow Robert J DC / Alternative Medicine Practice
    • H&R Block / Tax Preparation
    • U Salon & Spa / Hair Salon / Nail Salon

    Property Details for 1800 Colorado Blvd

    Year built
    2003
    Construction
    BRICK
    Lot size
    0.62 lot acres
    Property size
    6,100 SF
    Property type
    Retail space
    APN
    1835-363-21-201
    APU
    183536321201

    Description

    This exceptional commercial property at 1800 Colorado Boulevard in Idaho Springs, Colorado, offers a unique opportunity for businesses seeking versatile retail or office space. Situated on a 0.89-acre lot, the building encompasses a total of 10,345 square feet. Currently, several units are available for lease, providing flexibility for various business needs. One unit, previously occupied by Edward Jones, offers 1,000 square feet and features a reception area, several offices, and ample storage. Additional units of 516 and 713 square feet are also available. The property's location within the Gold Rush Center in Idaho Springs provides excellent visibility and accessibility. This single-tenant building presents a rare chance to establish a presence in a thriving Colorado community. The property is designated as an Enterprise Zone property, potentially offering significant tax advantages. This prime location and flexible space make this an ideal investment for a variety of businesses. The address is 1800 Colorado Blvd, Idaho Springs, CO 80452. Interested parties should inquire for further details on unit availability and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,910,000
      ML approach
      $2,045,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,584,000
      Market price range: $443k - $1.58M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,065,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Springs
    County
    Clear Creek
    State
    Colorado
    Longitude
    -105.514
    Latitude
    39.7428
    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
    $29,822
    $30,100
    $370,980
    $401,080
    -
    $107,880
    $1,329,660
    $1,437,540

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      2700 Stanley Rd

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      View Details
    • Value Estimation by Request
      1,472 SF

      1801 Miner St

      RETAIL STORES (PERSONAL SERVICES) • 1,472 SF
      1801 Miner St, Idaho Springs, CO 80452-5099
      View Details
    • Value Estimation by Request
      1,782 SF

      1424 Miner St

      RETAIL STORES (PERSONAL SERVICES) • 1,782 SF
      1424 Miner St, Idaho Springs, CO 80452-5095
      View Details
    • Value Estimation by Request
      3,000 SF

      350 Whitewater Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      350 Whitewater Rd, Idaho Springs, CO 80452-5196
      View Details
    • Value Estimation by Request
      1,298 SF

      1434 Miner St

      RETAIL STORES (PERSONAL SERVICES) • 1,298 SF
      1434 Miner St, Idaho Springs, CO 80452-5095
      View Details
    • Value Estimation
      $635,000
      7,304 SF

      1628 Miner St, Unit 6

      RETAIL STORES (PERSONAL SERVICES) • 7,304 SF
      1628 Miner St, Idaho Springs, CO 80452-5097
      View Details

    Similar Nearby for Sale

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      Idaho Springs Retail/Office Building

      Well-located commercial building in historic downtown Idaho Springs.
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      View Details
    • $1,500,000
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      Prime Idaho Springs Development Opportunity

      High-traffic location ideal for multi-family or mixed-use development.
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      5,154 SF

      Iconic Restaurant Opportunity For Sale

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      Blue Valley Acres Double Lot

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      2,470 SF

      Idaho Springs Office Building For Sale

      Well-located commercial office building in historic downtown Idaho Springs.
      1531 Colorado Blvd, Idaho Springs, CO 80452
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    View Listing
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    Idaho Springs, CO 80452
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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.

    More about this property
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