5700 Alameda Ave Lakewood, CO 80226-3531
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.