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    Property profile & analytics

    4891 Independence St Wheat Ridge, CO 80033

    • Office buildings
    • 44,796 SF
    • 2.84 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimation
    $3,655,000
    Last Sale
    Feb 14, 2022
    $3,745,000
    Location Intelligence
    Property ID
    US13-0854667
    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 4891 Independence St

    Year built
    1981
    Construction
    CONCRETE
    Lot size
    2.84 lot acres
    Property size
    44,796 SF
    Property type
    Office buildings
    APN
    39-153-15-003
    APU
    3915315003

    Description

    This exceptional two-story office building, located at 4891 Independence Street in Wheat Ridge, Colorado, offers 44,796 square feet of traditional office space. Built in 1984, the property boasts multiple tenancy options, with one space currently available at 3,019 square feet. The building features convenient on-site management and elevator service for easy access to all floors. Ample parking is provided, with a ratio of 4 spaces per 1,000 square feet. Its strategic location offers excellent visibility and access to Interstate 70, ensuring convenient commutes for employees and clients. The property benefits from its proximity to a variety of retail amenities, as well as the vibrant downtown area and stunning mountain communities. The building is in ready-to-rent condition, making it an ideal choice for businesses seeking immediate occupancy. The property's address is 4891 Independence Street, Wheat Ridge, CO 80033. The building's zip code is 80033.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,645,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,540,000
      6.5%
      $4,020,000
      7%
      $4,045,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,455,000
      Geo Method
      $3,735,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,325,000
      Retail
      $3,675,000
      Mixed-Use
      $3,200,000
      Hospitality
      $4,155,000
      Educational
      $4,310,000
      Residential Income
      $3,480,000
      Energy
      $4,390,000
      Income-Based Land
      $3,430,000
      Food Service
      $4,145,000

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.106
    Latitude
    39.7853
    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
    $97,759
    $430,811
    $623,642
    $1,054,453
    -
    $1,544,125
    $2,265,275
    $3,809,400

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      OFFICE BUILDING • 780 SF
      10740 44th Ave, Wheat Ridge, CO 80033-2710
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    • Value Estimation by Request
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      10900 44th Ave

      OFFICE BUILDING • 3,148 SF
      10900 44th Ave, Wheat Ridge, CO 80033-2761
      View Details
    • 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
      $1,365,000
      4,889 SF

      6073 44th Ave

      OFFICE BUILDING • 4,889 SF
      6073 44th Ave, Wheat Ridge, CO 80033-4752
      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

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    4891 Independence St
    Wheat Ridge, CO 80033
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    Realmo Value Estimation

    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.

    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.

    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
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