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    Property profile & analytics

    6175 38Th Ave Wheat Ridge, CO 80033

    • Office buildings
    • 1,613 SF
    • 0.34 lot acres
    For Sale
    View listing
    $1,050,000
    Value Estimation
    Location Intelligence
    Property ID
    US13-0876896
    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 6175 38Th Ave

    Year built
    1928
    Construction
    FRAME
    Lot size
    0.34 lot acres
    Property size
    1,613 SF
    Property type
    Office buildings
    APN
    39-243-00-050
    APU
    3924300050

    Description

    This 2,920 square foot freestanding building in Wheat Ridge, Colorado, presents a unique investment opportunity. Located on the bustling 38th Avenue corridor, this property boasts high visibility and easy accessibility. Currently configured as a daycare center, it features multiple versatile rooms on the ground floor and a partially finished basement office area. Ample parking is available both front and rear. A fully fenced playground is situated at the rear. Built in 1928, the single-story structure sits on a lot with a MU-N (Mixed Use Neighborhood) zoning designation, offering significant redevelopment potential for a variety of uses, including mixed-use projects combining residential and commercial elements. The property's address is 6175 W 38th Ave, Wheat Ridge, CO 80033, and the Jefferson County APN is 39-243-00-050. The asking price is $1,050,000. The net rentable square footage is 2,920. This presents a compelling opportunity for investors and businesses seeking a prime location in a thriving community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $415,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $465,000
      Mixed-Use
      $340,000
      Hospitality
      $460,000
      Educational
      $395,000
      Residential Income
      $375,000
      Energy
      $425,000
      Income-Based Land
      $395,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.065
    Latitude
    39.7697
    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
    $15,392
    $52,410
    $123,634
    $176,044
    -
    $187,850
    $473,134
    $660,984

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      6410 44th Ave, Wheat Ridge, CO 80033-4738
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      10740 44th Ave

      OFFICE BUILDING • 780 SF
      10740 44th Ave, Wheat Ridge, CO 80033-2710
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    • Value Estimation by Request
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      10900 44th Ave

      OFFICE BUILDING • 3,148 SF
      10900 44th Ave, Wheat Ridge, CO 80033-2761
      View Details
    • Value Estimation by Request
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      4880 Marshall St

      OFFICE BUILDING • 2,038 SF
      4880 Marshall St, Wheat Ridge, CO 80033-3635
      View Details
    • Value Estimation
      $4,530,000
      8,436 SF

      4565 Kipling St

      OFFICE BUILDING • 8,436 SF
      4565 Kipling St, Wheat Ridge, CO 80033-2812
      View Details

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    6175 38Th Ave
    Wheat Ridge, CO 80033
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    Realmo Value Estimation

    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.

    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.

    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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