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Property profile & analytics
OFF-MARKET
Commercial real estate

6145 38Th Ave Wheat Ridge, CO 80033

2,916 SF 0.42 ac lot
Property ID
US13-0914984
Property summary
AI-generated overview

This exceptional 0.42-acre mixed-use property in Wheat Ridge, Colorado, presents a compelling redevelopment opportunity. Located at 6145 W 38th Ave, 80033, this site boasts a prominent position on a busy and developing commercial corridor. Currently improved with three residential units, totaling 2,916 square feet, the property offers immediate income generation at 100% occupancy. The asking price is $1,185,000, translating to $406.38 per square foot. The property is zoned MU-N, permitting a diverse range of uses, including multi-family, retail, and office development. Multi-family development is allowed for up to 40% of the lot size. This presents a unique chance to capitalize on the growing Wheat Ridge market, creating a high-return investment. The Jefferson County location and convenient access to major thoroughfares further enhance the property's appeal. The APN is 39-243-00-051. This is a private owner sale. This is a rare opportunity to acquire a fully occupied property with significant upside potential in a thriving Colorado community. The current configuration provides a stable income stream while allowing for future expansion and development to meet the demands of the market.

Property profile
Verified
Property type Commercial real estate
Total area 2,916 SF
Lot 0.42 ac (18,295 SF)
APN 39-243-00-051
UPID US13-0914984
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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