Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3705 Kipling St Wheat Ridge, CO 80033-5790

    • Office buildings
    • 6,920 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimations
    $1,005,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0850247
    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

    • Office buildings

    Property Details for 3705 Kipling St

    Year built
    1974
    Construction
    STEEL FRAME
    Lot size
    0.61 lot acres
    Property size
    6,920 SF
    Property type
    Office buildings
    APN
    39-281-12-001
    APU
    3928112001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,112,000
      Market price range: $653k - $2.37M
      AI Estimate
      $882,000
      Market price range: $418k - $1.89M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,555,000
      Current use
      RETAIL STORES
      $1,590,000
      Change: +2% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.11
    Latitude
    39.7673
    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
    $27,399
    $92,419
    $195,481
    $287,900
    -
    $331,250
    $730,650
    $1,061,900

    Comparable in this City

    • Value Estimation by Request
      1,379 SF

      10185 49th Ave

      OFFICE BUILDING • 1,379 SF
      10185 49th Ave, Wheat Ridge, CO 80033-2209
      View Details
    • Value Estimation by Request
      1,385 SF

      6410 44th Ave

      OFFICE BUILDING • 1,385 SF
      6410 44th Ave, Wheat Ridge, CO 80033-4738
      View Details
    • Value Estimation by Request
      780 SF

      10740 44th Ave

      OFFICE BUILDING • 780 SF
      10740 44th Ave, Wheat Ridge, CO 80033-2710
      View Details
    • Value Estimation by Request
      3,148 SF

      10900 44th Ave

      OFFICE BUILDING • 3,148 SF
      10900 44th Ave, Wheat Ridge, CO 80033-2761
      View Details
    • Value Estimation by Request
      2,038 SF

      4880 Marshall St

      OFFICE BUILDING • 2,038 SF
      4880 Marshall St, Wheat Ridge, CO 80033-3635
      View Details
    • Value Estimation
      $4,610,000
      8,436 SF

      4565 Kipling St

      OFFICE BUILDING • 8,436 SF
      4565 Kipling St, Wheat Ridge, CO 80033-2812
      View Details

    Similar Nearby for Sale

    • $6,100,000
      4,936 SF

      Renovated Office Building For Sale

      One-level office building renovated in 2000, single tenant occupancy.
      4243 Harlan St, Wheat Ridge, CO 80033
      View Details
    • $4,500,000
      19,700 SF

      Lakewood Property with Large Parking

      Property in Lakewood, Colorado with over 100 parking spaces.
      13151 W Alameda Pkwy, Lakewood, CO 80033
      View Details
    • $1,800,000
      1,376 SF

      Lakewood Retail/Office Building For Sale

      Stand-alone building in Lakewood with West Colfax frontage.
      5522 W Colfax Ave, Lakewood, CO 80033
      View Details
    • Contact for pricing
      127,297 SF

      Denver West Parkway Office Asset

      Premier suburban office asset in Denver West Business Park.
      14023 Denver West Pkwy, Lakewood, CO 80033
      View Details
    • $1,225,000
      7,943 SF

      Wheat Ridge Office Property

      Office building with long-term medical tenant and updated features.
      3280 Wadsworth Blvd, Wheat Ridge, CO 80033
      View Details
    • $1,099,000
      8,586 SF

      Lakewood Office Building Near Transit

      8,586 SF office building near RTD Light Rail.
      7400 W 14Th Ave, Lakewood, CO 80033
      View Details

    Similar Nearby for Lease

    • $5,800,000
      17,891 SF

      Lakewood Office Building For Rent

      Office building with 17,891 square feet available for lease.
      2850 Youngfield St, Lakewood, CO 80033
      View Details
    • Contact for pricing
      5,500 SF

      Versatile Commercial Space in Wheat Ridge

      Expansive 5,500 SF property with flexible layout and excellent accessibility.
      9660 W 44Th Ave, Wheat Ridge, CO 80033
      View Details
    • Contact for pricing
      3,400 SF

      Retail, Restaurant, Office Space Available

      Retail, restaurant, office, and medical spaces available for lease.
      12041-12051 W Alameda Pkwy, Lakewood, CO 80033
      View Details
    • $18 SF/Yr
      3,912 SF

      Lakewood Office Space Available

      Office space featuring multiple offices, conference room, and open area.
      12596 W Bayaud Ave, Lakewood, CO 80033
      View Details
    • $20 SF/Yr
      861 SF

      Lakewood Office Space for Rent

      Office space for rent near St. Anthony Hospital and Denver Federal Center.
      12211 W Alameda Pkwy, Lakewood, CO 80033
      View Details
    • $27 SF/Yr
      2,030 SF

      Modern Office Space in Lakewood

      Employee-centric office space in a vibrant business park for rent.
      13949 W Colfax Ave, Lakewood, CO 80033
      View Details
    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.
    3705 Kipling St
    Wheat Ridge, CO 80033-5790
    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

    Google sign-in failed. Please try again or use another login method.