Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2463 Sheridan Blvd Edgewater, CO 80214-1329
    Back to Search
    Property profile & analytics

    2463 Sheridan Blvd, Edgewater, CO 80214-1329

    View on Map
    • Drive through restaurants
    • 1,427 SF
    • 0.46 lot acres
    Off-Market
    Property ID
    US13-0833014
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 2463 Sheridan Blvd

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    0.46 lot acres
    Property type
    Drive through restaurants
    APN
    39-361-16-016
    APU
    3936116016

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 24, 2021 — Rubyhill Development Cs LLC — Deed · related $2.5M · Alpine Bank
    May 31, 2018 $583,500 Rubyhill Development Cs LLC Sri Real Estate Properties LLC Special Warranty Deed $1.7M · Alpine Bank
    Dec 26, 2006 — Sri Real Estate Properties LLC Sonic Restaurants INC Warranty Deed —
    Oct 14, 1999 $295,000 Sonic Restaurants INC Zanabria,maria L Grant Deed —

    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
    Edgewater
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.054
    Latitude
    39.7518
    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
    $16,737
    $122,453
    $73,740
    $196,193
    -
    $438,900
    $294,300
    $733,200

    Comparable in this City

    • Value Estimation by Request
      1,560 SF

      890 Wadsworth Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      890 Wadsworth Blvd, Lakewood, CO 80214-4546
      View Details
    • Value Estimation by Request
      3,138 SF

      2601 Sheridan Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      2601 Sheridan Blvd, Edgewater, CO 80214-1309
      View Details
    • Value Estimation by Request
      1,682 SF

      1335 Wadsworth Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      1335 Wadsworth Blvd, Lakewood, CO 80214-4209
      View Details
    • Value Estimation by Request
      2,789 SF

      975 Wadsworth Blvd, Unit 3

      DRIVE-THRU RESTAURANT, FAST FOOD
      975 Wadsworth Blvd, Lakewood, CO 80214-4510
      View Details
    • Value Estimation
      $750,000
      2,941 SF

      6441 Colfax Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      6441 Colfax Ave, Lakewood, CO 80214-1801
      View Details
    • Value Estimation
      $590,000
      4,614 SF

      1701 Sheridan Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      1701 Sheridan Blvd, Edgewater, CO 80214-1323
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,320 SF

      Colfax Freestanding Showroom/Office/Distribution Building

      Three-level, 16,300 SF building on 0.60 acres in Lakewood, Colorado.
      8101 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      3,030 SF

      Lakewood Retail Opportunity on Wadsworth

      High-visibility retail property with flexible layout and dedicated parking.
      1923 Wadsworth Blvd, Lakewood, CO 80214
      View Details
    • $1,325,000

      Wheat Ridge Mixed-Use Property

      Mixed-use property with retail and residential units in Wheat Ridge.
      5500 W 29 Ave, Wheat Ridge, CO 80214
      View Details
    • Contact for pricing
      4,740 SF

      Auto Lot on Colfax Avenue

      Remodeled auto lot with high visibility and traffic counts.
      7785 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing

      Prime Corner Lot for Development

      Corner lot suitable for retail pads or multi-family development.
      829 Wadsworth Blvd, Lakewood, CO 80214
      View Details
    • Contact for pricing
      31,955 SF

      Lakewood Commercial Property for Sale

      31,955 SF M-G-U zoned property on 84,000 SF land.
      7801 W Colfax Ave, Lakewood, CO 80214
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,570 SF

      Restaurant and Retail Space Available

      Second generation restaurant and retail spaces available for lease.
      6601 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      7,054 SF

      Restaurant and Retail Space Available

      Second generation restaurant and retail spaces available for lease.
      6577-6597 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      1,443 SF

      Retail Space in Edgewater

      Retail space with food hall, brewery, and artisan retailers.
      5505 W 20Th Ave, Edgewater, CO 80214
      View Details
    • Contact for pricing
      8,700 SF

      Lamar Station Plaza Retail Space

      Retail and restaurant spaces available in busy shopping center.
      6553 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      20,886 SF

      Lamar Station Plaza Retail Space

      Restaurant and retail spaces available in busy shopping center.
      6575 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      1,450 SF

      Remodeled Restaurant Space for Sublease

      Recently remodeled 1,450 SF restaurant space available for sublease.
      6451 W Colfax Ave, Lakewood, CO 80214
      View Details

    Property Visit Statistics

    • Visits by month
      15.0k
    • Visitors by month
      11.6k
    • Avg Time on site
      17 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2463 Sheridan Blvd
    Edgewater, CO 80214-1329
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2463 Sheridan Blvd, Edgewater, CO, 80214
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!