Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7611 W Colfax Ave Lakewood, CO 80214
    Back to Search
    Property profile & analytics

    7611 W Colfax Ave, Lakewood, CO 80214

    View on Map
    • Retail space
    • 8,565 SF
    • 1.55 lot acres
    For Lease
    $4,115,000
    View Listing →
    Retail Space in Prime Location For Lease
    $4,115,000
    1,319 SF

    Retail Space in Prime Location

    Retail spaces available in high-traffic Lakewood location.

    7611 W Colfax Ave, Lakewood, CO
    View Listing
    Property ID
    US13-0095064
    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
    $4,115,000
    Cap Rate Potential
    2.8%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 7611 W Colfax Ave

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    1.55 lot acres
    Property type
    Retail space
    APN
    39-353-18-033
    APU
    3935318033

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 8, 2023 — Vu Capital LLC — Deed · related $2M · Firstbank
    Nov 7, 2022 $5,479,075 Vu Capital LLC Colfax Central Partners LLC Special Warranty Deed —
    May 10, 2016 $5,925,000 Colfax Central Partners LLC 7611 Colfax Partners LLC Special Warranty Deed $4.4M · Sunflower Bank NA
    Nov 14, 2011 $3,215,000 7611 Colfax Partners LLC Colfax Wadsworth LLC Grant Deed · related —
    Oct 29, 2007 $7,075,000 Colfax Wadsworth LLC Colfax Central LLC Grant Deed —
    Jun 30, 2005 — Colfax Central LLC Owner,record Grant Deed · related —
    — — 7611 Colfax Partners LLC — Loan Modification · related $2.9M · Firstbank
    — — 7611 Colfax Partners LLC — Deed Of Trust · related $4.8M · Us Bank NA Series 2006-c2 (ce)
    — — Colfax Central LLC — Deed Of Trust · related $4.8M · Ixis Real Estate Capital INC
    — — 7611 Colfax Partners LLC — Deed Of Trust · related $3M · Firstbank/lpo

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,175,000
      ML approach
      $4,265,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,494,000
      Market price range: $1.01M - $3.49M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $3,600,000
      RESTAURANT
      $3,505,000
      AUTO REPAIR, GARAGE
      $3,430,000
      NEIGHBORHOOD: SHOPPING CENTER
      $2,780,000
      COMMERCIAL (GENERAL)
      $2,770,000
      MEDICAL BUILDING
      $2,600,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.082
    Latitude
    39.7407
    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
    $135,861
    $443,357
    $983,979
    $1,427,336
    -
    $1,589,094
    $3,556,806
    $5,145,900

    Comparable in this City

    • Value Estimation by Request
      5,550 SF

      5530 Colfax Ave

      Individual retail properties
      5530 Colfax Ave, Lakewood, CO 80214
      View Details
    • Value Estimation
      $1,150,000
      6,169 SF

      1585 Allison St

      RETAIL STORES (PERSONAL SERVICES)
      1585 Allison St, Lakewood, CO 80214-6022
      View Details
    • Value Estimation
      $720,000
      5,655 SF

      1595 Carr St

      RETAIL STORES (PERSONAL SERVICES)
      1595 Carr St, Lakewood, CO 80214-5961
      View Details
    • Value Estimation
      $1,500,000
      5,670 SF

      815 Wadsworth Blvd

      RETAIL STORES (PERSONAL SERVICES)
      815 Wadsworth Blvd, Lakewood, CO 80214-4500
      View Details
    • Value Estimation
      $660,000
      6,480 SF

      5650 29th Ave

      RETAIL STORES (PERSONAL SERVICES)
      5650 29th Ave, Wheat Ridge, CO 80214-8428
      View Details
    • Value Estimation
      $1,485,000
      8,726 SF

      7205 Colfax Ave

      RETAIL STORES (PERSONAL SERVICES)
      7205 Colfax Ave, Lakewood, CO 80214-5408
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,030 SF

      Lakewood Retail Opportunity on Wadsworth

      High-visibility retail property with flexible layout and dedicated parking.
      1923 Wadsworth Blvd, Lakewood, CO 80214
      View Details
    • $3,490,000
      16,320 SF

      Lakewood Storefront - $3.49M

      High-visibility retail space, 16,320 SF.
      8101 Colfax Ave, Lakewood, CO 80214
      View Details
    • $2,046,154

      Retail Investment Opportunity on Sheridan

      Retail property for sale on Sheridan Boulevard, Denver.
      986 Sheridan Blvd, Denver, CO 80214
      View Details
    • Contact for pricing

      Retail Space with Motorcycle Dealership

      NNN leased retail space with established motorcycle dealership.
      1435 Wadsworth Blvd, Lakewood, CO 80214
      View Details
    • Contact for pricing
      31,955 SF

      Lakewood Commercial Property for Sale

      31,955 SF M-G-U zoned property on 84,000 SF land.
      7801 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      1,587 SF

      Lakewood Freestanding Building For Sale

      1,587 SF freestanding building suitable for medical, office, or retail.
      7700 W 14Th Ave, Lakewood, CO 80214
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,700 SF

      Lamar Station Plaza Retail Space

      Retail and restaurant spaces available in busy shopping center.
      6553 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      3,450 SF

      Retail Space on Colfax Avenue

      Retail space in high-traffic area with large storefront windows.
      8001-8007 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Walmart

      Retail space available in Lakewood, shadow-anchored by Walmart.
      7355 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      1,319 SF

      Retail Space in Prime Location

      Retail spaces available in high-traffic Lakewood location.
      7611 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space on West Colfax

      Retail space with high visibility in the Denver metro area.
      7033-7043 W Colfax Ave, Lakewood, CO 80214
      View Details
    • Contact for pricing
      1,214 SF

      Retail Space in Edgewater Marketplace

      Retail space anchored by King Soopers and Ace Hardware.
      1725 Sheridan Blvd, Edgewater, CO 80214
      View Details

    Property Visit Statistics

    • Visits by month
      5.0k
    • Visitors by month
      4.4k
    • Avg Time on site
      18 min
    View Listing
    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.
    7611 W Colfax Ave
    Lakewood, 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
    7611 W Colfax Ave, Lakewood, 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!