Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7052 Stanford Ave Lakewood, CO 80123-1222
    Back to Search
    Property profile & analytics

    7052 Stanford Ave, Lakewood, CO 80123-1222

    View on Map
    • Assisted living facilities
    • 6,049 SF
    • 0.70 lot acres
    Off-Market
    Last Sale Jul 14, 2022
    $1,599,000
    Property ID
    US13-0671475
    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
    $1,420,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 7052 Stanford Ave

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.70 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    59-111-99-002
    APU
    5911199002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 14, 2022 $1,599,000 Stanford Avenue LLC Abw Reos LLC Special Warranty Deed $11.4M · First Interstate Bank
    Sep 28, 2012 $440,000 Abw Reos LLC Skk Family LLC Warranty Deed $1k · Skk Family LLC
    Dec 18, 2007 — Skk Family LLC Quelland Carroll Grant Deed —
    Sep 18, 2007 — Skk Family LLC Quelland Carroll Grant Deed —
    — — Abw Reos LLC — Deed Of Trust · related $615k · Bank Of Denver

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,220,000
      ML approach
      $1,315,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,364,000
      Market price range: $1.01M - $1.87M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $1,390,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,965,000
      Change: +41% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,960,000
      Change: +41% Conversion: Difficult
      RETAIL STORES
      $1,945,000
      Change: +40% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,880,000
      Change: +35% Conversion: Difficult
      MEDICAL BUILDING
      $1,835,000
      Change: +32% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.075
    Latitude
    39.6369
    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
    $8,900
    $41,001
    $62,447
    $103,448
    -
    $611,960
    $987,040
    $1,599,000

    Comparable in this City

    • Value Estimation by Request
      2,366 SF

      8217 Peakview Dr

      HOMES (RETIRED, NURSING)
      8217 Peakview Dr, Littleton, CO 80123-3577
      View Details
    • Value Estimation
      $1,230,000
      7,258 SF

      7985 Quincy Ave

      HOMES (RETIRED, NURSING)
      7985 Quincy Ave, Littleton, CO 80123-2409
      View Details
    • Value Estimation
      $755,000
      3,551 SF

      6398 Chase Ct

      HOMES (RETIRED, NURSING)
      6398 Chase Ct, Littleton, CO 80123-6818
      View Details
    • Value Estimation
      $920,000
      6,193 SF

      4802 Wadsworth Blvd

      HOMES (RETIRED, NURSING)
      4802 Wadsworth Blvd, Littleton, CO 80123-2415
      View Details
    • Value Estimation by Request
      4,017 SF

      6271 Maplewood Pl

      HOMES (RETIRED, NURSING)
      6271 Maplewood Pl, Littleton, CO 80123-3747
      View Details
    • Value Estimation by Request

      Centennial Dr

      Medical Office Space
      0 Centennial Dr, Littleton, CO 80123
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,187 SF

      Updated Condo with Golf Course Views

      Updated 2-bed, 2-bath condo in 55+ independent living building.
      2897 W Riverwalk Cir, Littleton, CO 80123
      View Details
    • Contact for pricing

      Home Depot Pad Carve-Out

      Commercial land available for development near retailers.
      3000 W Belleview Ave, Littleton, CO 80123
      View Details
    • $1,100,000
      3,448 SF

      Littleton Horse Property Estate

      Updated mid-century modern estate with horse property in Littleton.
      6365 W Coal Mine Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      108,727 SF

      Former Department Store in Littleton

      172,773 SF space in Southwest Plaza for sale.
      8501 W Bowles Ave, Littleton, CO 80123
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Littleton Medical Space Available

      Medical space available for rent in Littleton, Colorado.
      8515 West Coal Mine Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      2,859 SF

      Littleton Retail Spaces Available

      Multiple retail and restaurant spaces available in Littleton, Colorado.
      2650 West Belleview Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space Near Southwest Plaza

      Retail space available in a high-traffic Littleton location.
      8601 W Cross Dr, Littleton, CO 80123
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Prime Location

      1400 SF retail space suitable for various businesses.
      5021 S Jellison Way, Littleton, CO 80123
      View Details
    • Contact for pricing
      1,988 SF

      Littleton Retail Space Available

      1,988 SF retail space in shadow-anchored center.
      2755 West Belleview Ave, Littleton, CO 80123
      View Details
    • Contact for pricing
      1,725 SF

      Littleton Retail Spaces for Lease

      Multiple retail spaces available for lease in Littleton, Colorado.
      2600 W Belleview Ave, Littleton, CO 80123
      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.
    7052 Stanford Ave
    Lakewood, CO 80123-1222
    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
    7052 Stanford Ave, Lakewood, CO, 80123
    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!