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Property profile & analytics
OFF-MARKET
Retail space

5800 44th Ave Wheat Ridge, CO 80212-7425

3,144 SF 0.22 ac lot Built 1958
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0669025
Property summary
AI-generated overview

This exceptional Wheat Ridge retail property, located at 5800 W 44th Avenue, offers a unique investment opportunity. The 3,144 square foot building sits on a 0.65-acre lot and features a fully built-out, 1,050 square foot liquor store with a transferrable license. Built in 1958, the single-story building boasts 14 parking spaces and prominent double-sided pylon signage. The property is zoned C-1 and benefits from a high-traffic location at the signalized intersection of 44th Avenue and Fenton Street. The existing liquor store tenant has a long-term lease in place. The interior includes a large walk-in refrigerator (11 doors), three large double-door refrigerators, a counter/checkout area with register, extensive shelving, wine racks, a storage area with a wash sink, and other fixtures. This turnkey operation presents a compelling opportunity for an established or aspiring liquor store owner. The property's strong location, ample parking, and existing infrastructure make it an ideal investment. The building's current lease generates $2,820 per month in rent ($27.00 per square foot per year, plus $5.23 per square foot per year in NNN expenses). This listing is for the real estate only

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Construction STEEL FRAME
Total area 3,144 SF
Lot 0.22 ac (9,630 SF)
APN 39-244-07-001
UPID US13-0669025
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Roger P Loecher · 3 yrs held
Roger P Loecher
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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