457 Wadsworth Blvd Lakewood, CO 80226
- Retail space
- 6,237 SF
- 0.58 lot acres
Current Use by Public Records
- In & Out Nails Spa / Nail Salon / Beautician
- Bui Accounting Firm / Accounting Firm
- Desert Gems / Rock Shop / Bead Store
Property Details for 457 Wadsworth Blvd
- Year built
- 1977
- Construction
- STEEL FRAME
- Lot size
- 0.58 lot acres
- Property size
- 6,237 SF
- Property type
- Retail space
- APN
- 49-112-04-015
- APU
- 4911204015
Description
This exceptional single-story retail building, located at 457 Wadsworth Blvd in Lakewood, Colorado, offers 6,237 square feet of versatile space. Built in 1977 and renovated in 2008, the property boasts three suites, with 3,300 square feet currently vacant, providing a significant opportunity for immediate occupancy. The minimum divisible space is 1,400 square feet, making it ideal for a variety of tenants. The building sits on a 0.58-acre lot (24,959 square feet) and features ample parking with 33 spaces. The property is zoned M-G-S and benefits from a convenient location near W 5th Ave in the West submarket cluster of Lakewood. The building's floor area ratio (FAR) is 0.25. The property is well-suited for retail, office, or medical uses, offering high visibility and accessibility. No elevators are present. The property's address is 457 Wadsworth Blvd, Lakewood, CO 80226. The APN is 49-112-04-015. This is a fantastic opportunity to secure a prime retail location in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,460,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,755,000
- 6.5%
- $1,845,000
- 7%
- $1,960,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,105,000
- Geo Method
- $1,710,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,795,000
- Retail
- $2,055,000
- Mixed-Use
- $1,670,000
- Hospitality
- $1,915,000
- Educational
- $1,930,000
- Residential Income
- $1,845,000
- Energy
- $1,790,000
- Income-Based Land
- $2,060,000
- Food Service
- $1,730,000
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.082
- Latitude
- 39.7234
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA