Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6475 29 Ave Wheat Ridge, CO 80214
    Back to Search
    Property profile & analytics

    6475 29 Ave Wheat Ridge, CO 80214

    View on Map
    • Churches & religious facilities
    • 26,722 SF
    Off-Market
    Property ID
    US13-2081724
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Churches & religious facilities

    Property Details for 6475 29 Ave

    Year built
    1982
    Property size
    26,722 SF
    Property type
    Churches & religious facilities

    Description

    This exceptional 26,722 square foot special purpose property, located at 6475 W 29th Ave in Wheat Ridge, Colorado, presents a unique opportunity. Built in 1982, this single-building structure sits on a substantial 138,884 square foot lot zoned R-1. The property boasts ample parking with 81 spaces, making it highly accessible. The interior comprises a 150-seat sanctuary, 19 rooms on the main level, and 7 additional rooms on the second level. The second level also features open space, ideal for flexible use. A kitchen and three restrooms are conveniently located within the building. This property offers significant potential for a religious congregation seeking expansion within the growing Wheat Ridge community. Alternatively, the substantial lot size and building footprint present compelling redevelopment opportunities for a variety of uses, subject to local zoning regulations. The property's standalone position ensures excellent visibility and accessibility. Jefferson County location and 80214 zip code.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wheat Ridge
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.0681895
    Latitude
    39.7591322

    Comparable in this City

    • Contact for pricing
      7,500 SF

      Wheat Ridge Multifamily Investment Opportunity

      12-unit apartment building near Sloan’s Lake and major transportation routes.
      5995 W 29 Ave, Wheat Ridge, CO 80214
      View Details
    • $2,600,000

      Edgewater Apartment Building Sold

      Eight-unit apartment building in Edgewater neighborhood.
      2015-2045 Depew St, Edgewater, CO 80214
      View Details
    • $3,165,000

      Lakewood Apartment Property Near Transit

      Apartment property in Lakewood, CO, near light rail station.
      1260 Balsam St, Lakewood, CO 80214
      View Details
    • $3,350,000

      Lakewood Multifamily Investment Opportunity

      15-unit multifamily building in Lakewood, Colorado.
      1950 Upham St, Lakewood, CO 80214
      View Details

    Similar Nearby for Sale

    • $1,300,000
      4,806 SF

      Lakewood Multi-Family Investment

      Five-unit property, prime location. High rental income potential.
      1628 Eaton St, Lakewood, CO 80214
      View Details
    • Contact for pricing
      16,320 SF

      Colfax Freestanding Showroom/Office/Distribution Building

      Three-level, 16,300 SF building on 0.60 acres in Lakewood, Colorado.
      8101 W Colfax Ave, Lakewood, CO 80214
      View Details
    • $730,000

      Lakewood Four Unit Property

      Four-unit multifamily property located in Lakewood, Colorado.
      1685 Teller St, Lakewood, CO 80214
      View Details
    • Contact for pricing

      Lakewood Multifamily Property for Sale

      Multifamily property in Lakewood, Colorado, with 20,592 square feet.
      915 Carr St, Lakewood, CO 80214
      View Details
    • $1,325,000

      Wheat Ridge Mixed-Use Property

      Mixed-use property with retail and residential units in Wheat Ridge.
      5500 W 29 Ave, Wheat Ridge, CO 80214
      View Details
    • $930,000
      1,121 SF

      Industrial Property in Wheat Ridge

      Industrial property available for sale in Wheat Ridge, Colorado.
      3650 Wadsworth Blvd, Wheat Ridge, CO 80214
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,927 SF

      Lakewood Medical Office Building

      Single-tenant, 4,927 SF, 1-acre lot
      7595 Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing

      Corner Location on Colfax Avenue

      High-visibility corner location available for lease or sale.
      7595 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      5,007 SF

      Industrial Space For Lease

      5,007 SF multi-tenant industrial space in West Denver.
      5609 West 6Th St North, Lakewood, CO 80214
      View Details
    • $16,000 /Mo

      Colfax Avenue Versatile Commercial Space

      Adaptable space suitable for retail, showroom, or service-based business.
      7801 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      2,100 SF

      Renovated Restaurant/Retail Space Available

      Move-in-ready 2,100 SF restaurant/retail space with great visibility.
      3200 Wadsworth Blvd, Wheat Ridge, CO 80214
      View Details
    • Contact for pricing
      1,315 SF

      Retail Space Anchored by Safeway

      Retail space in Wheat Ridge, anchored by Safeway.
      3910-3928 Wadsworth Blvd, Wheat Ridge, CO 80214
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6475 29 Ave
    Wheat Ridge, CO 80214
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6475 29 Ave, Wheat Ridge, CO, 80214
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!