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    6465 Leetsdale Dr Denver, CO 80224-1225
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    Property profile & analytics

    6465 Leetsdale Dr Denver, CO 80224-1225


    • Car washes
    • 4,805 SF
    • 0.37 lot acres
    Off-Market
    Last Sale Dec 22, 2022
    $1,500,000
    Property ID
    US13-2612572
    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.

    Value Estimations
    $1,465,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Red Carpet Car Wash and Detailing / Car Wash

    Property Details for 6465 Leetsdale Dr

    Year built
    1987
    Construction
    WOOD
    Lot size
    0.37 lot acres
    Property size
    4,805 SF
    Zone code
    S-CC-3
    Property type
    Car washes
    APN
    06173-01-035-000
    APU
    617301035000

    Description

    This exceptional investment opportunity presents a 3,550 square foot storefront located at 6465 Leetsdale Drive, Denver, Colorado 80224. The property sits on a 0.37-acre triangular island lot along the highly visible Leetsdale Drive corridor. Currently occupied by Red Carpet Car Wash and Detailing under a triple-net (NNN) lease, the property boasts 100% occupancy with a remaining lease term of approximately 4.5 years, expiring May 31, 2029. The lease commenced June 1, 2014, and has a total term of 15 years. The asking price is $2,223,877, translating to a price per square foot of $683.94. The property enjoys a strategic location near established commercial properties, including multifamily and single-family residential developments, quick-service restaurants, and educational institutions (middle and high schools). The investment offers a compelling 6.55% cap rate based on an average annual income of $145,664. This stabilized investment is ideal for buyers seeking a strong, long-term return in a prime Denver location. The property's high visibility and proximity to a diverse range of amenities make it a particularly attractive investment prospect.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,400,000
      ML approach
      $1,465,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,279,000
      Market price range: $968k - $3.00M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,925,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,560,000
      Change: -19% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,555,000
      Change: -19% Conversion: Moderate
      RETAIL STORES
      $1,545,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.914
    Latitude
    39.7037
    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
    $16,082
    $126,000
    $81,550
    $207,550
    -
    $481,600
    $292,300
    $773,900
    More about this property
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