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    7675 Colfax Ave Denver, CO 80220-1950
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    Property profile & analytics

    7675 Colfax Ave, Denver, CO 80220-1950

    View on Map
    • Grocery and convenience stores
    • 2,640 SF
    • 0.31 lot acres
    Off-Market
    Property ID
    US13-0641236
    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
    $595,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Conoco / Gas Station
    • Amazon Locker - Catalpa / Postal Service / Courier Service
    • 7-Eleven / Grocery & Convenience Store
    • Citibank ATM / Atm
    • DigitalMint Bitcoin ATM / Bank / Credit Union

    Property Details for 7675 Colfax Ave

    Year built
    1982
    Construction
    WOOD
    Lot size
    0.31 lot acres
    Zone code
    E-MS-3
    Property type
    Grocery and convenience stores
    APN
    01333-27-023-000
    APU
    133327023000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 12, 2013 $1,508,000 Sej Asset Management & Inv Co 7-eleven INC Grant Deed —
    Oct 29, 2010 — 7-eleven INC 7-eleven INC Employees Trust Quit Claim Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $645,000
      6.5%
      $595,000
      7%
      $555,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $855,000
      Current use
      COMMERCIAL (GENERAL)
      $855,000
      Change: -0% Conversion: Easy
      RETAIL STORES
      $850,000
      Change: -1% Conversion: Easy
      MEDICAL BUILDING
      $800,000
      Change: -6% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.899
    Latitude
    39.7405
    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
    $15,685
    $122,820
    $79,600
    $202,420
    -
    $470,200
    $285,300
    $755,500

    Comparable in this City

    • Value Estimation
      $585,000
      2,560 SF

      1580 Colorado Blvd

      CONVENIENCE STORE
      1580 Colorado Blvd, Denver, CO 80220-1054
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    • Value Estimation by Request
      2,400 SF

      701 Quebec St

      CONVENIENCE STORE
      701 Quebec St, Denver, CO 80220-5546
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    • Value Estimation
      $570,000
      2,580 SF

      1103 Yosemite St

      CONVENIENCE STORE
      1103 Yosemite St, Denver, CO 80220-3557
      View Details
    • Value Estimation by Request
      2,140 SF

      6390 Colfax Ave

      CONVENIENCE STORE
      6390 Colfax Ave, Denver, CO 80220-1602
      View Details
    • Value Estimation by Request
      398 SF

      6130 14th Ave

      CONVENIENCE STORE
      6130 14th Ave, Denver, CO 80220
      View Details
    • Value Estimation by Request
      2,318 SF

      1515 Quebec St

      CONVENIENCE STORE
      1515 Quebec St, Denver, CO 80220-1921
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Former Convenience Store on Colfax

      2,800 SF retail/office space with high visibility.
      6596 Colfax Ave, Denver, CO 80220
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    • $1,275,000

      Automotive Dealership on Colfax Avenue

      Automotive dealership with sales office, repair building, and display lot.
      8100 E Colfax Ave, Denver, CO 80220
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    • $600,000
      3,821 SF

      Versatile Commercial Building on Colfax

      Retail/office space with redevelopment potential in a high-traffic Denver location.
      8710 E Colfax Ave, Denver, CO 80220
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      9,467 SF

      Denver Retail Investment Opportunity

      NNN leased AutoZone and Stoner’s Pizza Joint for sale.
      4565 E Colfax Ave, Denver, CO 80220
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    • Contact for pricing
      4,471 SF

      Commercial Property on East Colfax

      4,471 SF commercial property with prominent frontage and flexible layout.
      5702 E Colfax Ave, Denver, CO 80220
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,000 SF

      Retail Sublease Available

      Retail space available for sublease through March 31, 2030.
      9th Ave Colorado Blvd, Denver, CO 80220
      View Details
    • Contact for pricing
      3,481 SF

      Retail/Office Space on East Colfax

      Retail or office spaces with excellent visibility and accessibility.
      4535 Colfax Ave, Denver, CO 80220
      View Details
    • Contact for pricing
      3,233 SF

      Restaurant/Retail Space on Colfax

      Turnkey restaurant/retail space on busy East Colfax in Denver.
      1490 Eudora St, Denver, CO 80220
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Denver Center

      1,200 SF retail space in King Soopers anchored center.
      1301-1305 Krameria St, Denver, CO 80220
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    • $18 SF/Yr

      Remodeled Retail/Office Space on Colfax

      Two-level, 2,310 SF suite with street-level exposure and upgraded finishes.
      5900 E Colfax Ave, Denver, CO 80220
      View Details
    • Contact for pricing

      Remodeled Retail Space on Colfax

      3,803 SF retail space in Denver's Park Hill neighborhood.
      4609 E Colfax Ave, Denver, CO 80220
      View Details

    Property Visit Statistics

    • Visits by month
      4.0k
    • Visitors by month
      2.8k
    • Avg Time on site
      9 min
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    Denver, CO 80220-1950
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    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
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