Add Listing
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

    4830 Ward Rd Wheat Ridge, CO 80033-2122

    • Retail space
    • 1,792 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0741588
    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

    • Retail space

    Property Details for 4830 Ward Rd

    Year built
    1964
    Construction
    WOOD FRAME
    Lot size
    0.24 lot acres
    Property size
    1,792 SF
    Property type
    Retail space
    APN
    39-174-07-010
    APU
    3917407010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.138
    Latitude
    39.7846
    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
    $14,018
    $36,612
    $116,008
    $152,620
    -
    $131,225
    $445,799
    $577,024

    Comparable in this City

    • Value Estimation
      $1,185,000
      12,875 SF

      7700 44th Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,875 SF
      7700 44th Ave, Wheat Ridge, CO 80033-4578
      View Details
    • Value Estimation
      $1,345,000
      3,574 SF

      12280 44th Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,574 SF
      12280 44th Ave, Wheat Ridge, CO 80033-2447
      View Details
    • Value Estimation by Request
      4,331 SF

      7393 44th Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,331 SF
      7393 44th Ave, Wheat Ridge, CO 80033-4719
      View Details
    • Value Estimation by Request
      3,028 SF

      10115 44th Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,028 SF
      10115 44th Ave, Wheat Ridge, CO 80033-2803
      View Details
    • Value Estimation by Request
      1,305 SF

      7405 44th Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,305 SF
      7405 44th Ave, Wheat Ridge, CO 80033-4717
      View Details
    • Value Estimation
      $775,000
      4,700 SF

      6191 44th Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,700 SF
      6191 44th Ave, Wheat Ridge, CO 80033-4743
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,482 SF

      Lakewood Multi-Unit Building For Sale

      Multi-unit building in Lakewood available for sale and lease.
      11712 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $1,500,000
      3,197 SF

      Wheat Ridge Retail Investment Opportunity

      High-visibility storefront, strong NOI, excellent location.
      12190 44Th Ave, Wheat Ridge, CO 80033
      View Details
    • $1,175,000
      6,025 SF

      Colfax Avenue Retail/Office Building

      High-visibility retail/office building with redevelopment potential in Lakewood, Colorado.
      11598 W Colfax Ave, Lakewood, CO 80033
      View Details
    • Contact for pricing
      2,890 SF

      Automotive/Retail Showroom and Shop

      Light automotive/retail showroom and shop with parking and yard.
      9901 W Colfax Ave, Lakewood, CO 80033
      View Details
    • $1,750,000
      9,655 SF

      Retail Building in Safeway Center

      9,655 SF freestanding building near Solterra neighborhood.
      13013 W Alameda Pkwy, Lakewood, CO 80033
      View Details
    • Contact for pricing
      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

    Similar Nearby for Lease

    • Contact for pricing
      16,808 SF

      Retail Space in Lakewood Center

      Retail, restaurant, office, or medical space available for lease.
      12039 W Alameda Pkwy, Lakewood, CO 80033
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Walmart

      Retail space available in Lakewood, shadow-anchored by Walmart.
      7355 W Colfax Ave, Lakewood, CO 80033
      View Details
    • Contact for pricing
      3,450 SF

      Retail Space on Colfax Avenue

      Retail space in high-traffic area with large storefront windows.
      8001-8007 W Colfax Ave, Lakewood, CO 80033
      View Details
    • Contact for pricing
      1,319 SF

      Retail Space in Prime Location

      Retail spaces available in high-traffic Lakewood location.
      7611 W Colfax Ave, Lakewood, CO 80033
      View Details
    • Contact for pricing
      1,148 SF

      Retail Space Near Wadsworth Blvd

      Retail space for rent with ample parking and great visibility.
      3727 Wadsworth Blvd, Wheat Ridge, CO 80033
      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 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.
    4830 Ward Rd
    Wheat Ridge, CO 80033-2122
    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.
    Sign Up Successful!
    You now have access to more from Realmo!