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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5285 Louisiana Ave Lakewood, CO 80232-5938

    • Office buildings
    • 4,620 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $805,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0273779
    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 5285 Louisiana Ave

    Year built
    1963
    Construction
    STEEL FRAME
    Lot size
    0.28 lot acres
    Property size
    4,620 SF
    Property type
    Office buildings
    APN
    49-241-18-017
    APU
    4924118017

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,205,000
      6.5%
      $1,110,000
      7%
      $1,030,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $563,000
      Market price range: $374k - $732k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,180,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.054
    Latitude
    39.693
    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
    $16,398
    $40,511
    $133,790
    $174,301
    -
    $145,200
    $509,534
    $654,734

    Comparable in this City

    • Value Estimation
      $2,155,000
      12,466 SF

      9600 Jewell Ave

      OFFICE BUILDING • 12,466 SF
      9600 Jewell Ave, Lakewood, CO 80232-6358
      View Details
    • Value Estimation
      $585,000
      2,679 SF

      7585 Arkansas Ave

      OFFICE BUILDING • 2,679 SF
      7585 Arkansas Ave, Lakewood, CO 80232-5425
      View Details
    • Value Estimation
      $1,110,000
      2,662 SF

      1200 Wadsworth Blvd

      OFFICE BUILDING • 2,662 SF
      1200 Wadsworth Blvd, Lakewood, CO 80232-5473
      View Details
    • Value Estimation by Request
      1,485 SF

      1195 Pierce St

      OFFICE BUILDING • 1,485 SF
      1195 Pierce St, Lakewood, CO 80232-5633
      View Details
    • Value Estimation
      $1,325,000
      7,131 SF

      9100 Jewell Ave

      OFFICE BUILDING • 7,131 SF
      9100 Jewell Ave, Lakewood, CO 80232-6466
      View Details
    • Value Estimation
      $1,455,000
      10,206 SF

      1800 Sheridan Blvd

      OFFICE BUILDING • 10,206 SF
      1800 Sheridan Blvd, Denver, CO 80232-8000
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,217 SF

      Lakewood Office Building For Sale

      Well-maintained office building with high occupancy and investment potential.
      1360 S Wadsworth Blvd, Denver, CO 80232
      View Details
    • $210,000
      1,511 SF

      Lakewood Office Condo - Great Views!

      Spacious office condo with stunning views, ready for a new owner.
      7586 Jewell Ave, Lakewood, CO 80232
      View Details
    • $2,300,000
      3,031 SF

      Victorian Home with Photography Studio

      Unique live/work property with historic home, studio, and rental.
      9000 West Jewell Ave, Denver, CO 80232
      View Details
    • Contact for pricing
      0.74 Acres

      Green Gables Pad Site: Lakewood, CO

      Rare Commercial Land, Prime Location
      2125 Webster St, Lakewood, CO 80232
      View Details
    • $380,000
      1,631 SF

      Updated End-Unit with Dual Masters

      Move-in ready Lakewood home featuring updated kitchen and dual master suites.
      1254 S Reed St, Denver, CO 80232
      View Details
    • $1,149,000

      Lakewood Specialty Property For Sale

      Specialty property available in Lakewood, Colorado.
      7325 W Arkansas Ave, Denver, CO 80232
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      22,309 SF

      Lakewood Office Suites Available

      Prime Lakewood location, flexible office spaces.
      1360 Wadsworth Blvd, Lakewood, CO 80232
      View Details
    • $19 SF/Yr
      15,504 SF

      Aurora Office Space For Rent

      Office space with excellent transit options and flexible floor plates.
      14280 E Jewell Ave, Aurora, CO 80232
      View Details
    • Contact for pricing
      1,288 SF

      Denver Retail Space - Wadsworth Blvd

      1,288 SF Retail End-Cap, High Traffic Area
      1896 Wadsworth Blvd, Denver, CO 80232
      View Details
    • $7,550 /Mo
      1,285 SF

      Retail Gas Station For Lease

      1,285 SF retail gas station space available for lease.
      1495 S Sheridan Blvd, Denver, CO 80232
      View Details
    • Contact for pricing
      1 SF

      Lakewood Pad Sites: Prime Location

      Rare urban infill, high-traffic retail land.
      0 Sec Evans Ave & Wadsworth Blvd, Lakewood, CO 80232
      View Details
    • Contact for pricing
      4,790 SF

      Heritage West Retail Center

      Lakewood, CO Shopping Center - 3 Spaces Available
      0 Swc Kipling Pkwy & Jewell Ave, Lakewood, CO 80232
      View Details
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    5285 Louisiana Ave
    Lakewood, CO 80232-5938
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    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
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