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Property profile & analytics
OFF-MARKET
Commercial real estate

6690 38Th Ave Wheat Ridge, CO 80033

0.49 ac lot
Property ID
US13-0923381
Property summary
AI-generated overview

This exceptional 0.49-acre development opportunity in Wheat Ridge, Colorado, is priced at $1,300,000. The property, located at 6690 W 38th Ave (zip code 80033), is zoned MU-N and boasts an approved site development plan for approximately 6,000 square feet of multi-tenant retail/office space. Situated in a thriving neighborhood, this 21,500 square foot lot offers convenient walkability to local amenities including Bardo Coffee, brew pubs, and a grocery store. The area is experiencing significant growth, with over 75 townhomes currently under construction nearby, creating a strong potential tenant base. Currently, the property is leased to an acupuncture business with a 90-day termination clause in place, generating a monthly income of $3,200 (tenant responsible for utilities). The landlord covers property taxes, insurance, landscaping, and snow removal. This infill location presents a unique chance to capitalize on the area's expanding commercial sector and strong residential growth. Jefferson County location provides easy access to major transportation routes. Don't miss this prime development opportunity in a vibrant and growing community.

Property profile
Verified
Property type Commercial real estate
Lot 0.49 ac (21,344 SF)
UPID US13-0923381
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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