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8490 Colfax Ave Lakewood, CO 80215-4009

OFF-MARKET Retail space Google Maps
2,340 SF 0.11 ac lot Built 1961
Entity Owned Free & Clear
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US13-0225553

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Construction STEEL FRAME
Total area 2,340 SF
Lot 0.11 ac (4,850 SF)
APN 49-031-00-005
UPID US13-0225553

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2025
Last sale
$390,000
6 recorded transactions
2025
Price N/A
2025
$390,000
2018
Price N/A
2012
Price N/A
2005
$5,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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