1978 S Garrison St Lakewood, CO 80227
Property Lookup
Property profile & analytics
1978 S Garrison St Lakewood, CO 80227
- Office buildings
- 13,225 SF
- 3.37 lot acres
Property ID
US13-1183795
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 1978 S Garrison St
- Year built
- 1974
- Construction
- STEEL FRAME
- Lot size
- 3.37 lot acres
- Property size
- 13,225 SF
- Property type
- Office buildings
- APN
- 49-271-99-001
- APU
- 4927199001
Description
Woodlake Center presents a unique investment opportunity in a high-traffic retail and office complex. Strategically positioned at the well-lit intersection of West Jewell Avenue and South Garrison Street, between Kipling and Wadsworth Boulevards, this property boasts exceptional visibility and accessibility. The center comprises four single-story buildings totaling 36,088 square feet, offering a diverse range of spaces suitable for various business types. Currently, seven spaces are available, ranging in size from 225 square feet to 2,055 square feet, catering to a variety of needs. The property's tenant mix includes a diverse range of established businesses, creating a vibrant and bustling atmosphere. These include Garramone's Italian Restaurant, Big Sky Burger, a gourmet meat shop, an Allstate office, dog grooming services, a gift shop, and several hair salons, ensuring consistent foot traffic and a strong sense of community. This established center offers immediate occupancy and the chance to become part of a thriving commercial hub. The multiple building configuration provides flexibility for various business models and expansion opportunities. The property's location ensures high visibility and easy access for customers and employees alike. This is an exceptional opportunity to establish or expand your business in a dynamic and well-established commercial center.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,445,000
- 6.5%
- $3,180,000
- 7%
- $2,955,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,477,000
Market price range: $587k - $2.48M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,385,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $4,290,000 Change: +27% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $4,280,000 Change: +26% Conversion: Easy
- RETAIL STORES
- $4,255,000 Change: +26% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $4,110,000 Change: +21% Conversion: Easy
- MEDICAL BUILDING
- $4,015,000 Change: +19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.099
- Latitude
- 39.6814
- 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
$88,889
$511,784
$462,429
$974,213
-
$1,834,350
$1,687,450
$3,521,800
