8490 Colfax Ave, Lakewood, CO 80215-4009
This exceptional retail property, located at 8490 W Colfax Avenue in Lakewood, Colorado, presents a compelling investment or owner-user opportunity. The 2,340 square foot space is ideally situated on the vibrant Colfax Avenue corridor, ensuring high visibility and foot traffic. This makes it an excellent location for a variety of retail businesses seeking a strong presence in a busy commercial area. The property is offered at $390,000, representing a significant value proposition for those seeking a well-located retail space in a thriving market. The building's size offers ample space for a diverse range of retail operations, allowing for flexible layout configurations to suit individual business needs. Its prime location on Colfax Avenue provides unparalleled access to a large customer base, enhancing the potential for strong sales and revenue generation. This is a rare opportunity to acquire a well-positioned retail unit in a high-demand area, making it an attractive prospect for both investors seeking a stable return and owner-users looking to establish or expand their business. The property sits on a lot with no acreage specified. Serious inquiries are encouraged to explore this promising investment or business opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.