5700 Alameda Ave Lakewood, CO 80226-3531
- Automotive properties
- 3,143 SF
- 0.36 lot acres
Current Use by Public Records
- SLP Auto Glass & Windshield Replacement / Auto Glass Shop / Auto Glass Repair Service
- Four Seasons Towing & Roadside Services - Lakewood / Towing Service
Property Details for 5700 Alameda Ave
- Year built
- 1974
- Construction
- STEEL FRAME
- Lot size
- 0.36 lot acres
- Property size
- 3,143 SF
- Property type
- Automotive properties
- APN
- 49-131-00-008
- APU
- 4913100008
Description
This 5,720-square-foot vacant auto shop building, located at 5700 W Alameda Ave in Lakewood, Colorado, presents a compelling investment opportunity. Situated on a 15,855-square-foot corner lot at the intersection of W Alameda Ave and S Eaton St, this property boasts exceptional visibility and presence. The building, constructed in 1974, features multiple access points and overhead doors, ideal for various uses. A new roof was installed in 2020, adding to its value. The property includes a monument sign and a small outdoor storage area. A sand trap is present on the property (verification recommended). The permitted zoning is M-G-U, allowing for a wide range of potential uses, including but not limited to daycare, retail, gallery, light manufacturing, office space, pawnbroker, rental services, MMJ uses, auto rental/sales, car wash, adult business, outdoor storage, and fueling station. The asking price is $1,589,000, with a price per square foot of $277.80. The property is currently vacant and offers significant potential for redevelopment or repurposing. Its strategic location, near Belmar, residential areas, schools, and parks, ensures high traffic and visibility. The property's Class C designation and single tenancy status provide clarity and simplicity for potential buyers. The APN is 49-131-00-008. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Colorado community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,395,000
- 6.5%
- $1,455,000
- 7%
- $1,385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,170,000
- Geo Method
- $1,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,500,000
- Retail
- $1,460,000
- Mixed-Use
- $1,650,000
- Hospitality
- $1,655,000
- Educational
- $1,405,000
- Residential Income
- $1,615,000
- Energy
- $1,275,000
- Income-Based Land
- $1,290,000
- Food Service
- $1,465,000
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.06
- Latitude
- 39.7107
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
